PANews reported on December 24 that prediction market aggregator Rocket announced the completion of a $1.5 million Pre-seed funding round, led by Electric Capital, with participation from VCs including Jsquare, bodhi ventures, Tangent, and Amber Group.
Rocket is the first prediction market to distribute profits continuously based on the correctness of predictions. It features a non-binary betting structure, no liquidation mechanism, and a fully open profit cap at the protocol level. Users can reuse the same capital to deploy across multiple predictions in parallel.
