Prosper Marketplace

Company

Investment-firm

Last deal

$75M

Amount

Debt Financing

Stage

14.11.2022

Date

18

all rounds

$490.5M

Total amount

General

About Company
Prosper is a decentralized prediction market for multiplying assets.

Industry

Sector :

Subsector :

Also Known As

Prosper

founded date

01.01.2005

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Prosper is a cross-chain prediction market application that allows users to make predictions on various blockchain pools, including Ethereum, Binance Smart Chain, Matic, Avalanche, and Tron. It operates as a non-custodial application, meaning users host predictions from their own wallets. Users can participate by choosing the amount of a coin or token and predicting whether the price will be above or below a given condition price within a selected time period. The platform uses Chainlink Oracle for fair conditions and is transparent and decentralized. Hourly pools are currently available, with 15-minute and daily pools planned for the future. Winners receive their predicted amount multiplied by their side's ratio, with a 3% fee deducted.
Contacts