In February this year, PredX announced the completion of its Pre-seed round of financing, led by Penrose Tech and participated by Malana ventures. Currently, PredX is in the process of raising seed round financing, with a valuation of US$20 million. The financing funds will be used to train AI to adapt to Prediction Market and build a global community.
PredX is a prediction market event exchange incubated by the SEI chain, where users can trade their views on hot event trends. PredX records all transactions through blockchain, which can ensure transaction security and facilitate auditing. Because the SEI chain has no central ledger, PredX, which grew up in the SEI ecosystem, can provide a more democratic solution than the traditional web2 market. AI-powered PredX will push hot events based on user preferences to enhance user stickiness and participation. #zachxbt