Solana-based TBD, a prediction market protocol for ‘verified’ human opinion, raises $3 million
Solana-based prediction market protocol TBD raised $3 million in a seed round to focus on verified human opinion.Summary
TBD, a Solana-based prediction market protocol centered on gathering "verified" human opinion through polling, has successfully raised $3 million in a seed funding round and launched publicly following its private beta.
The seed round was co-led by CMT Digital and ParaFi, with participation from Jump Crypto. This funding follows an earlier $800,000 angel round involving notable figures like Solana co-founder Raj Gokal. TBD, founded by former dYdX team members, uses its name to signify its mission of discovering human truths unfiltered by algorithms.
The protocol uniquely pairs verified polling, gated by World ID to ensure only unique humans vote, with permissionless prediction market trading on those poll outcomes. Unlike platforms offering event-based markets, TBD focuses exclusively on markets tied to its own large-scale "digital elections." Participants earn USDC for voting, funded by poll creators' prize pools, with plans to introduce revenue sharing from trading fees. TBD aims to be AI-resistant and is building social features, while working to abstract away the underlying Solana blockchain interactions for users.
(Source：The Block)