---
type: source
title: "Futardio: Bynomo fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/2aJ7mzSagAVYr1hYFgJAYHCoDLbvkjTtRRe44knWidRc"
date: 2026-04-13
domain: internet-finance
format: data
status: unprocessed
tags: [futardio, metadao, futarchy, solana]
event_type: launch
---

## Launch Details
- Project: Bynomo
- Description: First Binary Options Trading Dapp where users can trade 600+ Crypto, 300+ Stocks, 50+ Forex, 5+ Metals, 10+ Commodities in 5s-1m time charts.
- Funding target: $50,000.00
- Total committed: $16.00
- Status: Live
- Launch date: 2026-04-13
- URL: https://www.futard.io/launch/2aJ7mzSagAVYr1hYFgJAYHCoDLbvkjTtRRe44knWidRc

## Team / Description

## Bynomo - Oracle-bound binary trading, built for speed!

**Bynomo** is a live multi-chain dapp for **short-horizon binary-style trading** (5s → 1m rounds) resolved with **[Pyth](https://www.pyth.network/price-feeds) [Hermes](https://docs.pyth.network/price-feeds/core/use-real-time-data)** price attestations instead of opaque dealer feeds. Users get a **Binomo-simple loop** with **verifiable pricing** and **on-chain settlement** for deposits, withdrawals, and fees — combined with **off-chain state ([Supabase](https://supabase.com/docs/guides/getting-started/architecture))** so the UX stays fast: bet repeatedly without signing every click.

**Why back us:** the product is **already [live](https://bynomo.fun/) on 8 chains**, with **real volume $46,258(Past 14 days) and retention (4000+ user page views) and 4000+ Community Members** with ZERO Marketing — not a slide-deck-only raise like other majority projects.

---

## What makes Bynomo different

| vs. | Limitation | Bynomo |
|-----|----------------|--------|
| **Web2 binary apps (e.g. [Binomo](https://binomo.com/), [IQ Option](https://iqoption.com/en), [Quotex](https://qxbroker.com/en/), [Olymp Trade](https://olymptrade.com/))** | Black-box pricing, custody friction, reputational risk | **Oracle-anchored** prices; users connect **their** wallets; pyth rules aimed at **transparency** |
| **Prediction markets (e.g. [Polymarket](https://polymarket.com/), [Kalshi](https://kalshi.com/), [Azuro](https://azuro.org/), [Myraid](https://myriad.markets/markets))** | Event outcomes, hours/days resolution | **Sub-minute price** rounds — different product, different reflexes |
| **Perps / CEX options (e.g. [Binance Options](https://www.binance.com/en-IN/eoptions/home), [Bybit](https://www.bybit.com/en/), [OKX](https://www.okx.com/trade-option))** | Funding, liquidations, heavy UX | **Fixed-expiry**, simple up/down and game modes |
| **Typical DeFi options (e.g. [Dopex](https://www.stryke.xyz/en), [Lyra](https://www.lyra.finance/), [Premia](https://www.premia.finance/), [Euphoria Fi](https://euphoria.finance/))** | Complex UX, gas-heavy loops | **Fast session UX** + multi-chain distribution |

**Modes:** **Classic** (directional), **Box** (touch multipliers), **Draw** (path through a drawn region), plus **Blitz** (optional boosted multiplier for 1m/2m windows, on-chain fee to protocol). **Demo / paper** across **13 chains** lowers onboarding friction.

**Stack (high level):** Next.js 16 (App Router, Turbopack), React 19, TypeScript, Vercel, **Pyth Hermes**, **Supabase** (Postgres + RPC), [wagmi/viem](https://www.bnbchain.org/en), [Solana](https://solana.com/) wallet-adapter, chain-specific kits ([Sui](https://www.sui.io/), [NEAR](https://www.near.org/), [Stellar](https://stellar.org/), [Tezos](https://tezos.com/), [Starknet](https://www.starknet.io/), etc.), Zustand, TanStack Query, Jest + Property-based tests (fast-check).

---

## Traction (real usage, pre–marketing launch)

- **~12,500+** bets settled (Solana-led; methodology: internal + on-chain reconciliation)  
- **~250 SOL** staked volume (~**$46K** USD at contemporaneous rates)  
- **~76** unique wallets (early, high-intent cohort)  
- **~3,400+** community members across [X](https://x.com/bynomofun) / [Telegram](https://t.me/bynomo) / [Discord](https://discord.com/invite/5MAHQpWZ7b) (all organic)  
- **Strong sessions:** ~**2h+** average session time (last 7 days, analytics)  
- **Zero paid marketing** to date — product-led pull only  

We are **not** asking funders to bet on an idea alone; we are scaling something that **already converts**.

---

## [Market & GTM](https://docs.google.com/presentation/d/1kDVnUCeJ-LZ3dfpo_YsSqen6qSzlgzHFWFk79Eodj9A/edit?usp=sharing)

**Beachhead:** DeFi-native traders who want **fast, simple, oracle-resolved** instruments + **Web2 binary-option refugees** who want **clearer rules and crypto-native custody**.

**Go-to-market (0–60 days):** public launch pushes across **Solana + additional ecosystems** (BNB, Sui, NEAR, Starknet, Stellar, Tezos, Aptos, 0G, etc.), **per-chain community** activations, **referral leaderboard** (live), **micro-KOL** clips (PnL / Blitz highlights), and **ecosystem grants** pipeline.

**60–120 days:** ambassador program, weekly AMA/podcast series, **Blitz tournaments**, **PWA / mobile polish**, **200+** additional Pyth-backed markets (FX, equities, commodities, indices), and **P2P matching** (Implementing Order Books reduces treasury directional risk, larger notional capacity).

---

## Use of funds — pre-seed **$50K**

| Category | **$50K** | Purpose |
|----------|-----------|---------|
| **Engineering & team** | $20K | Senior full-stack, smart contract/infra, BD, graphics, video production house, mods, security reviews, chain integrations and more.. |
| **Growth & marketing** | $15K | KOLs, paid social, community grants, events, content, ambassador, partnerships, AMA's |
| **Product & infra** | $10K | RPC, indexing, monitoring, Pyth/oracle costs, Supabase scale, security tooling |
| **Operations & legal** | $5K | Entity, compliance counsel, accounting, admin and much more |

### Monthly burn 

Assumes **lean team** until PMF acceleration; ramp marketing after launch.

| Monthly | **Lean ($50K path)** |
|---------|------------------------|
| Payroll (3 FTE equiv.) | ~$1.5K–$3K |
| Infra + tooling | ~$300–$500 |
| Marketing & community | ~$500–$1.5K |
| Ops / legal / misc. | ~$200–$1K |
| **Approx. monthly burn** | **~$2.5K–$6K** |

### Runway (directional)

- **$50K @ ~$6K/mo avg burn** → **~8 months** base runway, but we will make money via platform fees, which makes us $10k/mo positive revenue, so net positive..

---

## Revenue model

1. **Platform fees** — % on deposits / withdrawals (tiered governance model in product; default framing **~10%** platform fee layer as in live economics).  
2. **Blitz** — **flat $50 on-chain entry** per chain (e.g. SOL / BNB / SUI / XLM / XTZ / NEAR / STRK denominations as configured) paid to protocol fee collector.

Unit economics: **high margin** at scale; marginal infra **&lt;$0.10** per active user at current architecture (subject to traffic).

---

## Roadmap & milestones

| Target | Milestone | Success metric |
|--------|-----------|----------------|
| **May 2026** | **200+** Pyth markets (FX · stocks · commodities · indices) | 5× tradable surface, 5 partnerships, 4 advisors |
| **June 2026** | Native mobile / **PWA** | **60%+** mobile sessions, Per-chain ecosystem outreach — regional community groups + executive retweets + every ecosystem project across all chains |
| **July 2026** | **P2P mode** (player vs player) | Remove house directional cap, 100 micro-influencer campaign (1K–20K followers) in trading, crypto, Web3 niches |
| **August 2026** | **5+** ecosystem embeds, Referral Leaderboard, Affiliate Marketing & fee share, Weekly Podcast / AMA Series on X with top traders |
| **September 2026** | Public launch + **Blitz Season 1** | **2,500** active traders · **~$80K MRR** trajectory |
| **October 2026** | **10K** MAU · **~$320K MRR** path | Series A readiness |
| **November 2026** | Token liquidity seeding + airdrop + CEX pipeline | Depth + holder distribution |

---

## Team

- **Amaan Sayyad** — CEO  
- **Cankat Polat** — Head of Tech  
- **Abhishek Singh** — Head of Business 
- **Farooq Adejumo** — Head of Community  
- **Konan** — Head of Design 
- **Promise Ogbonna** — Coummunity Manager  
- **Abdulmajid Hassan** — Content Distributor  

*(CEO's [LinkedIn](https://www.linkedin.com/in/amaan-sayyad-/) / [X](https://x.com/amaanbiz) / [GitHub](https://github.com/AmaanSayyad) / [Portfolio](https://amaan-sayyad-portfolio.vercel.app/) / [Achievements](https://docs.google.com/document/d/1WQXjpoRdcEHiq3BiVaAT3jXeBmI9eFvKelK9EWdWOQA/edit?usp=sharing) )*

---

## Risks (we disclose, not hide)

- **Regulatory:** binary-style products are **restricted** in many jurisdictions; we use **geo/eligibility** controls and professional counsel — product evolves with law followed by PolyMarket, Kalshi.  
- **Oracle / feed:** we rely on **Pyth / Chainlink** and chain liveness; we monitor staleness and failover.  
- **Smart contract & custody:** treasury and settlement paths currently undergo **reviews** and **incremental hardening** coz users are only 72, we will switch to P2P once we reach 1000 users and then things will be 100% automated as order book matching needs users on both sides; no substitute for user education — **experimental DeFi**.  

---

## Why Solana / Futard community

Our **earliest measurable traction** and **deepest liquidity narrative** today are **Solana-first**. Futard funders are exactly the audience that values **shipping speed**, **on-chain verifiability**, and **consumer DeFi** — Bynomo is all three.

**We’re raising to turn a working product into a category-defining distribution engine across chains — starting from proof on Solana.**

---

### Links

- **App:** [https://bynomo.fun/]  
- **X:** [https://x.com/bynomofun]  
- **Telegram:** [https://t.me/bynomo]
- **Litepaper:** [https://bynomo.fun/litepaper]
- **Discord:** [https://discord.com/invite/5MAHQpWZ7b]  
- **Demo:** [https://youtu.be/t76ltZH9XSU]  

## Links

- Website: https://bynomo.fun/
- Twitter: https://x.com/bynomofun
- Discord: https://discord.com/invite/5MAHQpWZ7b
- Telegram: https://t.me/bynomo

## Raw Data

- Launch address: `2aJ7mzSagAVYr1hYFgJAYHCoDLbvkjTtRRe44knWidRc`
- Token: BkC (BkC)
- Token mint: `BkCHkQjbuKrbw1Yy8V3kZPHzDsWpS4R8qBZ7zenDmeta`
- Version: v0.7
