todayonchain.com

Kash Raises $2M Pre-Seed to Bring Prediction Markets to Social Media

BeInCrypto
Kash, a social-native prediction market platform, secured $2 million in pre-seed funding to integrate tradable markets into social media feeds, starting with X.

Summary

Kash, a new social-native prediction market platform, has raised $2 million in pre-seed funding, backed by investors including Big Brain Holdings and Coinbase Ventures, to embed tradable markets directly into social media feeds, beginning with X.

The platform allows users to turn everyday posts into live markets on real-world events by interacting with the @kash_bot, eliminating the need for external trading interfaces. Founder and CEO Lucas Martin Calderon stated the goal is to transform opinions on elections, macro events, sports, and culture into tradable positions.

Kash utilizes a custom Bonding Curve Automated Market Maker mechanism and plans to leverage an advanced multi-agentic LLM Council with zero-knowledge proof cryptography for trustless resolution. The company is also extending its infrastructure to allow other platforms to embed prediction markets, aiming to define a new behavior where forecasting is native to daily social interaction.

(Source:BeInCrypto)