Prediction market protocol TBD secures 3 million USD in seed funding led by CMT Digital and ParaFi

TBD successfully secured 3 million USD in seed funding, having earlier raised 800,000 USD in an angel round with participation from Solana co-founder Raj Gokal. CMT Digital and ParaFi will have board observer seats in the company.

The protocol emphasizes authenticating participants through World ID, allowing users to engage in prediction markets where they can vote and earn USDC rewards. During private testing, TBD registered over 19 million votes.

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