【Crypto World】A new player has emerged in the Solana ecosystem. The prediction market platform worm.wtf recently announced the completion of a $4.5 million Pre-Seed funding round, backed by a group of well-known investors. The project officially launched in mid-October, with technical support from the UMA team.
What are the highlights? The platform has introduced a pre-sale feature, centered around an innovative design that integrates a curve mechanism. In simple terms, this mechanism is used to incentivize early participants, allowing supporters to profit from the project’s growth. This approach is still relatively new in prediction markets — it can attract early users and align interests through mechanism design.
The Solana ecosystem has been exploring prediction markets, and the emergence of worm.wtf adds diversity to this track. How far this curve mechanism can go will depend on subsequent user growth and trading volume.
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GweiObserver
· 12-19 01:05
The Curve mechanism is back? Solana's track is really competitive... However, a $4.5 million funding is pretty good. Let's see if Worm can really deliver.
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Lonely_Validator
· 12-18 05:17
worm.wtf is another $4.5 million project. Do all projects really have this much money... The curve mechanism sounds good, but I'm worried it will go silent again after raising funds.
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MetaNomad
· 12-17 03:10
The Curve mechanism sounds good, but the ones who can really make money are still those who entered early...
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BetterLuckyThanSmart
· 12-17 03:06
Solana has a new project again, but with the curve mechanism... it remains to be seen if it can truly retain users.
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4.5 million in funding is not small, but I'm just worried about whether it can attract users through burning.
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Solana has been building up in the prediction market sector. Can Worm stand out from the crowd? It's uncertain.
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Early-stage projects with incentive mechanisms are indeed attractive, but there's a risk of being left holding the bag later on.
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UMA's endorsement is okay; at least the technology is reliable. It's just uncertain whether the trading volume can pick up.
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The essence of the curve mechanism is still a distribution issue. If well-designed, it can attract users; if poorly designed, it's just a scheme to cut leeks.
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Since launching in mid-October, how is the user base? How long can the 4.5 million in funding last?
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just_another_fish
· 12-17 03:03
The Curve mechanism sounds good, but can Solana's prediction market really stand out? It feels like everyone is just stacking new concepts.
Solana prediction market newcomer raises $4.5 million in funding, innovative curve mechanism launches
【Crypto World】A new player has emerged in the Solana ecosystem. The prediction market platform worm.wtf recently announced the completion of a $4.5 million Pre-Seed funding round, backed by a group of well-known investors. The project officially launched in mid-October, with technical support from the UMA team.
What are the highlights? The platform has introduced a pre-sale feature, centered around an innovative design that integrates a curve mechanism. In simple terms, this mechanism is used to incentivize early participants, allowing supporters to profit from the project’s growth. This approach is still relatively new in prediction markets — it can attract early users and align interests through mechanism design.
The Solana ecosystem has been exploring prediction markets, and the emergence of worm.wtf adds diversity to this track. How far this curve mechanism can go will depend on subsequent user growth and trading volume.