diff --git a/inbox/archive/2026-03-04-futardio-launch-xorrabet.md b/inbox/archive/2026-03-04-futardio-launch-xorrabet.md new file mode 100644 index 00000000..84eb3557 --- /dev/null +++ b/inbox/archive/2026-03-04-futardio-launch-xorrabet.md @@ -0,0 +1,416 @@ +--- +type: source +title: "Futardio: XorraBet fundraise goes live" +author: "futard.io" +url: "https://www.futard.io/launch/24fzAzy51sUFSnRf4qpTqSrrugiKcJ8uVh2TSnQrDdoY" +date: 2026-03-04 +domain: internet-finance +format: data +status: unprocessed +tags: [futardio, metadao, futarchy, solana] +event_type: launch +--- + +## Launch Details +- Project: XorraBet +- Description: Predict, Bet and Trade - The first platform to combine prediction markets, sports betting and xStocks trading with agentic x402 payments. +- Funding target: $410,000.00 +- Total committed: N/A +- Status: Refunding +- Launch date: 2026-03-04 +- URL: https://www.futard.io/launch/24fzAzy51sUFSnRf4qpTqSrrugiKcJ8uVh2TSnQrDdoY + +## Team / Description + +# XorraBet: The First Futarchy-Governed Betting & Prediction Market Protocol + +We build **prediction markets, sports betting, and xStocks trading infrastructure** on-chain. + +XorraBet's mission is to onboard the **massive global sports betting mainstream** into the crypto space, empowering sports enthusiasts worldwide to dive into Web3 with confidence. + +The community funds and governs the protocol. Every treasury action, proposal, and platform change is transparent. + +XorraBet is raising **$410,000 USDC** to build, launch, and scale a decentralized betting ecosystem — governed entirely through **MetaDAO’s futarchy system**. + +Instead of token holders voting on proposals, markets decide which decisions create the most value. + +--- + +# Building for the future of prediction, betting and trading + +XorraBet is building a **decentralized betting and trading platform** where users and autonomous agents can trade on real-world outcomes and market movements. + +The protocol combines three major markets into one ecosystem: + +**Prediction Markets** + +* Political outcomes +* Crypto events +* Global news events +* Economic indicators + +**Sports Betting** + +* Major global leagues +* Real-time betting markets +* Liquidity pools adjusting odds dynamically + +**xStocks Trading** + +* Tokenized exposure to real-world equities +* Prediction-driven stock movement markets +* Tradable price outcomes and derivatives + +The platform also supports: + +* **AI trading agents** +* **Automated liquidity pools** +* **Micropayment betting** +* **Machine-to-machine trading** + +Over time, the platform expands into a full **decentralized betting exchange**. + +--- + +# Use of Funds + +**Phase 1 development and launch** + +Core smart contract development +Frontend betting and trading interface +Oracle integrations for event resolution +Initial liquidity pool seeding +Infrastructure and security audits + +All major capital expenditures will be proposed and executed through futarchy governance. + +The first proposal post-raise will be a **$60,000 USDC development proposal** to fund platform development and launch infrastructure. + +This proposal must pass through decision markets before funds are deployed. + +--- + +# Why betting markets + +The opportunity is **massive** - lets bring all those sports betting enthusiasts to crypto! + +Global online gambling is projected to exceed **$166B by 2030**, while prediction markets are rapidly gaining adoption across crypto and traditional finance. + +Crypto-native betting unlocks several advantages: + +* Instant global settlement +* No banking restrictions +* Transparent market pricing +* Automated liquidity pools +* Permissionless market creation + +XorraBet combines these advantages with **AI-driven trading and micropayments**, creating a new class of programmable betting markets. + +--- + +# Why XorraBet Wins + +Most betting platforms fall into two categories: + +**Traditional sportsbooks** + +* Centralized +* Limited markets +* Geographic restrictions +* Slow payments + +**Crypto prediction markets** + +* Low liquidity +* Limited event coverage +* Poor user experience + +XorraBet is designed to solve both. + +**Unified markets** +Prediction markets, sports betting, and xStocks trading operate within the same liquidity ecosystem. + +**AI agent trading** +Autonomous agents can scan markets and execute arbitrage across events, improving liquidity and pricing efficiency. + +**Micropayment infrastructure** +The platform integrates x402 micropayments enabling extremely low-cost bets and high-frequency trading. + +**Automated liquidity** +Odds adjust dynamically using liquidity pools rather than traditional bookmaker models. + +**Futarchy governance** +Instead of governance voting, markets determine protocol decisions — aligning incentives with value creation. + +--- + +# Development so far + +Built and deployed the beta site +Designed the protocol architecture and token model +Researched prediction market and betting liquidity systems +Developed early models for AI agent-driven betting strategies +Planned x402 micropayment integration +Designed tokenomics and futarchy governance structure +Prepared platform documentation and deployment roadmap + +Regulatory planning and offshore launch preparation are also underway. + +--- + +# Team + +**Zabizas** +Position: Founder & Lead Designer +Experience: 15+ Years as a Lecturer in Design. 7+ Frontend and UX Designer, 4+ Years Project Manager, 6+ Years working in crypto. + +**Nino** +Position: Full Stack Developer +Experience: 10+ years building production React + TypeScript platforms with scalable backends. Focused on developing XorraBet’s trading interface, integrating on-chain data, oracle feeds, and real-time betting markets. + +--- + +# How governance works + +There is no voting in XorraBet. + +There is only trading. + +When a proposal is made — for example: + +“Release $60K USDC to fund development and infrastructure.” + +Two conditional markets open. + +Traders buy into whichever outcome they believe produces more value for the protocol. + +The market determines the result. + +The team cannot access the treasury directly. + +Operations run on a defined monthly allowance. Any spending above that allowance requires a futarchy proposal and market approval. + +All treasury transactions and platform metrics are public. + +Transparency is the default. + +--- + +# Raise details + +| Item | Details | +| ----------------- | -------------------- | +| Raise Target | **$410,000 USDC** | +| Monthly Allowance | $29,000 | +| Raise Window | 24 hours on Futardio | + +--- + +# Total Token Supply — 20M max (16M circulating at launch) + +| Allocation | Tokens | Share | +| ------------------------ | ------ | ----- | +| ICO tokens | 12M | 60% | +| Liquidity provision | 4M | 20% | +| Team performance package | 4M | 20% | + +--- + +# Liquidity provision breakdown + +3M tokens on Futarchy AMM +1M tokens on Meteora pool + +20% of funds raised (**$82K**) paired with LP tokens. + +If the raise does not reach **$410K within 24 hours — full refunds.** + +If the target is reached — treasury, spending limits, and liquidity deploy automatically. + +--- + +# Team allocation — performance only + +4M tokens are locked at launch. + +Five tranches unlock at: + +2x +4x +8x +16x +32x + +Minimum **18-month cliff before any unlock**, evaluated using **3-month TWAP**, not spot price. + +At launch **0 team tokens are circulating.** + +If the token never reaches **2x**, the team receives nothing. + +--- + +# Target Runway: 12 months + +**Average Monthly Burn:** ~$29,000 USD + +XorraBet is building **a decentralized betting and prediction market protocol** for: + +• Prediction Markets +• Sports Betting +• xStocks Trading + +The protocol is governed through **futarchy markets**, ensuring disciplined treasury usage and transparent capital deployment. + +--- + +# 12-Month Execution Plan — $350,000 USD + +## Monthly Burn Breakdown + +**Team — $20,000 / month (69%)** +Core engineering and product development. + +Includes: + +• smart contract engineering +• frontend platform development +• AI trading agent infrastructure +• oracle integrations +• product design and UX + +--- + +**Infrastructure — $4,500 / month (16%)** + +Production-grade platform infrastructure. + +Includes: + +• blockchain infrastructure +• data indexing and APIs +• oracle integrations +• backend services +• hosting and monitoring + +--- + +**Liquidity & Market Bootstrapping — $3,000 / month (10%)** + +Ensuring active and liquid markets. + +Includes: + +• liquidity incentives +• early trader rewards +• market maker support +• event market seeding + +--- + +**Governance, Legal & Contingency — $1,500 / month (5%)** + +Operational safety and regulatory preparation. + +Includes: + +• legal advisory +• governance tooling +• protocol audits and security reviews +• contingency buffer + +--- + +# Roadmap & Milestones + +## 12-Month Delivery Plan + +--- + +## Q2 2026 (Months 1–3) + +**Beta expansion and platform stabilization** + +• Core prediction markets launched +• Initial sports betting markets +• Liquidity pool mechanics finalized +• Oracle event settlement integration +• Internal performance metrics and analytics + +Goal: +**Establish active markets and collect user feedback** + +--- + +## Q3 2026 (Months 4–6) + +**Liquidity growth and product expansion** + +• Expanded sports betting coverage +• Improved market discovery and UI +• Liquidity incentives and trading rewards +• Early AI trading agent framework +• Automated odds adjustment improvements +• Market analytics dashboard + +Goal: +**Increase market depth and trading activity** + +--- + +## Q4 2026 (Months 7–9) + +**Advanced markets and automation** + +• xStocks prediction markets launch +• Agent-driven trading ecosystem +• API access for external developers +• automated market creation tools +• advanced liquidity pool tuning +• UX improvements based on user feedback + +Goal: +**Transition toward autonomous trading markets** + +--- + +## Q1 2027 (Months 10–12) + +**Protocol expansion and ecosystem growth** + +• expanded prediction markets (politics, macro, crypto) +• sports betting coverage expansion +• developer integrations +• ecosystem partnerships +• advanced trading tools + +Goal: +**Position XorraBet as a core infrastructure layer for decentralized betting markets** + +--- + +# Capital Discipline + +XorraBet treasury spending is governed through **futarchy markets**. + +This means: + +• the team cannot withdraw funds directly +• all major expenditures require proposals +• markets determine whether spending creates value + +This aligns **protocol decisions with token holder incentives**. + + +## Links + +- Website: https://xorrabet.com +- Twitter: https://x.com/XorraBet +- Telegram: https://t.me/XorraBet + +## Raw Data + +- Launch address: `24fzAzy51sUFSnRf4qpTqSrrugiKcJ8uVh2TSnQrDdoY` +- Token: Fom (Fom) +- Token mint: `FomAXpkLuZRXg4RHf8Rzedr4LjaeNTNhrDphChuQmeta` +- Version: v0.7 +- Closed: 2026-03-05