Ethereum’s DeFi Prediction Market Protocol PlotX Raises 2.4M as it heads towards mainnet launch

PlotX is a non-custodial DeFi protocol that has been bestowed with the tag of “Uniswap of Prediction Markets” by the Ethereum community. With a seed round of $2.4 million via venture capital funds like NGC Ventures, Brilliance Ventures, Origin Capital, and 3commas, PlotX is launching on the Ethereum main net with the first version of its automated market-making algo for predictions on crypto assets. “PlotX is an AMM-centric prediction protocol targeting mass-market adoption. It’s effectively the Uniswap of Decentralized Prediction Marketplace with a great product and some very hard-working people behind it. We love them”, said Roger Lim, Partner, NGC Ventures. Commenting on the update, Jasper Byun, Head of Fintech, Brilliance, said, “Brilliance invests in innovation and we found PlotX to be exceptionally innovative. It is envisioned, designed, and engineered by a skilled and experienced team, and we expect it to redefine prediction markets as we know them.” Markets on…

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