Limitless, the largest prediction market on the Base blockchain, has successfully closed a $10 million Seed Round. The funding round was led by 1confirmation, with significant participation from other notable investors including ColliderVC, DCG, Node Capital, Arrington Capital, CB Ventures (Coinbase Ventures), F-Prime Capital, and Flyer One Ventures.

This investment underscores the increasing interest in prediction markets, which allow users to speculate on the outcomes of future events. By building on Base, a fast-growing layer-2 blockchain incubated by Coinbase, Limitless is positioned to attract a large user base and offer a seamless user experience. The fresh capital will likely be used to further develop the platform, expand its offerings, and solidify its position as a leader in the prediction market space.

Why it matters?

Prediction markets empower users to speculate on real-world events, from elections to economic trends, fostering transparent and data-driven insights. Built on Base, Coinbase’s rapidly scaling layer-2 blockchain, Limitless leverages low-cost, high-speed transactions to deliver a seamless and accessible user experience. This funding validates the growing demand for decentralized prediction platforms and positions Limitless as a frontrunner in the space.

What’s Next for Limitless

The $10 million infusion will accelerate Limitless’ growth through:

• Platform Enhancements: Expanding features to support a wider range of prediction markets, including niche events and customizable user-driven markets.
• User Acquisition: Scaling marketing efforts to attract a global user base, from casual bettors to institutional players.
• Technological Innovation: Strengthening infrastructure for scalability, security, and interoperability within the Base ecosystem.
• Community Building: Fostering a vibrant ecosystem of developers and users to drive adoption and innovation in prediction markets.

Why Base Blockchain?

By building on Base, Limitless benefits from:

• Scalability: Base’s layer-2 solution ensures low transaction fees and high throughput, critical for real-time market interactions.
• Coinbase Integration: Seamless onboarding for Coinbase users, tapping into a massive existing crypto audience.
• Ecosystem Synergy: Access to Base’s growing DeFi and Web3 infrastructure, enhancing Limitless’ functionality and reach.