--- 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