Daily.fun

🎉I’m excited to announce our $18M Series A, with participation from @VenrexVC, @thegp , @VirtueVC , @caffeinatedcap , @arrayvc, @GreatPointVC , @LiveRamp, @haystackvc, @CapitalAlso, @LifeXvc , Circle & Co, and WS Investments. The first generation of AI was built on public, human-curated data. The next will be built on real-world data. The datasets carrying real human behavior are what now separate one AI system from another. AI companies want them. The companies that hold them want to put them to work. The barrier has always been risk. We solved that risk in healthcare, one of the most regulated data environments there is. Today we bring it to the rest of the economy.

Added $PUMPCADE over the past week. The more I've been wagering on World Cup markets, the more such content has started appearing on my FYP, and suddenly the @pumpcade thesis clicked. Betting is becoming TikTokified. People are no longer just wagering on who wins a match. They're betting on increasingly random, fast-resolving events that are entertaining to watch even if you never place a bet yourself. One example I came across lets users bet on how many cars cross a line on a live traffic camera somewhere in the world. It sounds ridiculous, yet the format has become popular enough that major casinos like Stake, Shuffle and Roobet now offer similar CCTV betting games. The appeal isn't the event itself. It's the instant feedback loop. The same trend is playing out in sports through the rise of micro-betting. Instead of betting on the final score, users increasingly wager on the next corner, foul or play. These bets resolve in minutes, keeping users constantly engaged throughout the match. Read an article with some numbers on this. Around 70% of bets are now placed live, with an estimated 45%-60% of sportsbook revenue coming from live betting. DraftKings recently let users bet on more than 100K individual plays across a single weekend of college football, while broadcasters like NBC Sports are integrating live odds and micro-betting directly into the viewing experience. To me, this is where Pumpcade fits. Most prediction markets are competing over the same markets. Pumpcade is leaning into a behavior that's becoming increasingly popular among younger users. In many ways, it's the same psychology that made gacha successful. The shorter the feedback loop, the more engaging the experience becomes. At a $23M FDV, it's essentially a VC style play on the future of consumer wagering. The biggest risk is execution, but I believe @PopPunkOnChain and team have assembled the right experience and strategic backing to give themselves a credible shot.