diff --git a/entities/internet-finance/bynomo.md b/entities/internet-finance/bynomo.md new file mode 100644 index 000000000..c86fd1b6f --- /dev/null +++ b/entities/internet-finance/bynomo.md @@ -0,0 +1,38 @@ +# Bynomo + +**Type:** Protocol +**Domain:** internet-finance +**Status:** Active (failed fundraise) +**Description:** Binary options trading dapp using Pyth oracle feeds for on-chain settlement + +## Overview + +Bynomo is a crypto-native binary options trading platform, positioning itself as a decentralized alternative to platforms like Binomo and IQ Option. The protocol uses Pyth oracle price feeds instead of centralized dealer pricing, with on-chain settlement. + +## Product + +- **Trading rounds:** 5 seconds to 1 minute duration +- **Asset coverage:** Crypto, stocks, forex, commodities +- **Settlement:** On-chain via Pyth oracles +- **Deployment:** Claims deployment on 8 chains + +## Traction (as of April 2026) + +- ~12,500 bets settled +- ~250 SOL in volume +- ~76 unique wallets + +## Fundraising + +Attempted fundraise on futard.io in April 2026: +- **Target:** $50,000 +- **Committed:** $16,000 (32% of target) +- **Outcome:** Failed to reach target, signaling market skepticism + +## Analysis + +The product represents an incremental improvement over web2 binary options platforms through oracle-based price feeds, eliminating house control of pricing. However, the failed fundraise suggests the market was unconvinced about either the team's execution capability or the product-market fit for gamified trading with a DeFi wrapper. + +## Timeline + +- **2026-04** — Launched fundraise on futard.io, raised $16k against $50k target \ No newline at end of file diff --git a/inbox/queue/2026-04-14-telegram-m3taversal-futairdbot-what-do-you-know-about-bynomo.md b/inbox/archive/internet-finance/2026-04-14-telegram-m3taversal-futairdbot-what-do-you-know-about-bynomo.md similarity index 94% rename from inbox/queue/2026-04-14-telegram-m3taversal-futairdbot-what-do-you-know-about-bynomo.md rename to inbox/archive/internet-finance/2026-04-14-telegram-m3taversal-futairdbot-what-do-you-know-about-bynomo.md index 12aa4233b..71714f18d 100644 --- a/inbox/queue/2026-04-14-telegram-m3taversal-futairdbot-what-do-you-know-about-bynomo.md +++ b/inbox/archive/internet-finance/2026-04-14-telegram-m3taversal-futairdbot-what-do-you-know-about-bynomo.md @@ -7,12 +7,15 @@ url: "" date: 2026-04-14 domain: internet-finance format: conversation -status: unprocessed +status: processed +processed_by: rio +processed_date: 2026-04-15 priority: high intake_tier: directed rationale: "what do you know about Bynomo?" proposed_by: "@m3taversal" tags: [telegram, ownership-community] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Conversation diff --git a/inbox/queue/2026-04-14-telegram-m3taversal-its-april-now-this-launched-a-day-ago-or-sth.md b/inbox/archive/internet-finance/2026-04-14-telegram-m3taversal-its-april-now-this-launched-a-day-ago-or-sth.md similarity index 94% rename from inbox/queue/2026-04-14-telegram-m3taversal-its-april-now-this-launched-a-day-ago-or-sth.md rename to inbox/archive/internet-finance/2026-04-14-telegram-m3taversal-its-april-now-this-launched-a-day-ago-or-sth.md index 9d33ce337..a71664cc4 100644 --- a/inbox/queue/2026-04-14-telegram-m3taversal-its-april-now-this-launched-a-day-ago-or-sth.md +++ b/inbox/archive/internet-finance/2026-04-14-telegram-m3taversal-its-april-now-this-launched-a-day-ago-or-sth.md @@ -7,12 +7,15 @@ url: "" date: 2026-04-14 domain: internet-finance format: conversation -status: unprocessed +status: processed +processed_by: rio +processed_date: 2026-04-15 priority: high intake_tier: directed rationale: "Its april now, this launched a day ago or sth" proposed_by: "@m3taversal" tags: [telegram, ownership-community] +extraction_model: "anthropic/claude-sonnet-4.5" --- ## Conversation