After spending 22 years in sports trading, what I saw was very disappointing — the best traders were banned just because they were good. That’s why I created PRED. It’s a peer-to-peer exchange, not a sportsbook.

In traditional sportsbooks, you trade against the house. The house sets the odds and profits from your losses. There’s a conflict of interest, so they restrict winners. On PRED, users trade directly with each other. We match buyers and sellers. Our revenue comes from trading fees, not your losses. This means skilled traders are our most valuable users.

Unlike general-purpose platforms like Polymarket or Kalshi, PRED is specifically built for sports. In live sports, speed is everything. A goal can shift the market by 30-40% in seconds. We execute trades in under 200 milliseconds — most on-chain platforms take seconds. The real-world application of this is that when you see a price, you can actually get it.

We built on Base because transaction fees are minimal, we get finality in less than a second, and users on Base understand DeFi. The combination of on-chain settlement and off-chain order matching provides blockchain transparency with the speed of a centralized exchange.

Now, about capital efficiency — we offer 5-6% native yield. The app means your funds earn even when you’re not actively trading. Most platforms just let your capital sit idle. We’ve partnered with global institutions to generate yield on stablecoins, and we share part of our trading fees with users. This is crucial for serious traders who think about the opportunity cost of idle capital.

When users trust that the platform isn’t working against them, their behavior fundamentally changes. They put in more capital, trade more often, and think long-term. On traditional platforms, skilled traders develop counterproductive habits — they keep their balance low, spread out activity. On PRED, traders can focus solely on what works best for them.

Moving forward, our priority is liquidity depth. We’re not chasing registration numbers. I want a few thousand committed traders who generate real liquidity. Expanding to new sports is also on the roadmap — starting with football and then other sports. The app means we’ll launch diverse markets tailored to different user needs.

We’ve raised $2.5M led by Accel, with Coinbase Ventures also involved. This support reflects the belief that sports outcomes are a tradable asset class with real analytical depth. We’re building for the long term.