Svmuu News: Prediction market platform Myriad has announced the completion of its seed funding round, with the specific amount undisclosed. Participating institutions in this round include MoonPay Ventures, Auros, EVG, Verda Ventures, Side Door Ventures, Wave Financial, Walrus, and OFR, among others. Individual investors include Fundstrat co-founder Tom Lee, NFT collector Blondish, and Pudgy Penguins CEO Luca Netz.
This funding news follows closely after the launch of Myriad Season 3. In Season 3, the platform migrated its event contracts to BNB Chain. Concurrently, the platform's liquidity model has been upgraded from an automated market maker to a central limit order book, adding features such as slippage control, limit orders, and dynamic fees. (Decrypt)