m3taversal
1073c231c8
Co-authored-by: m3taversal <m3taversal@gmail.com> Co-committed-by: m3taversal <m3taversal@gmail.com>
416 lines
10 KiB
Markdown
416 lines
10 KiB
Markdown
---
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type: source
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title: "Futardio: XorraBet fundraise goes live"
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author: "futard.io"
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url: "https://www.futard.io/launch/24fzAzy51sUFSnRf4qpTqSrrugiKcJ8uVh2TSnQrDdoY"
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date: 2026-03-04
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domain: internet-finance
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format: data
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status: unprocessed
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tags: [futardio, metadao, futarchy, solana]
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event_type: launch
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---
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## Launch Details
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- Project: XorraBet
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- Description: Predict, Bet and Trade - The first platform to combine prediction markets, sports betting and xStocks trading with agentic x402 payments.
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- Funding target: $410,000.00
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- Total committed: N/A
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- Status: Refunding
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- Launch date: 2026-03-04
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- URL: https://www.futard.io/launch/24fzAzy51sUFSnRf4qpTqSrrugiKcJ8uVh2TSnQrDdoY
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## Team / Description
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# XorraBet: The First Futarchy-Governed Betting & Prediction Market Protocol
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We build **prediction markets, sports betting, and xStocks trading infrastructure** on-chain.
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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.
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The community funds and governs the protocol. Every treasury action, proposal, and platform change is transparent.
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XorraBet is raising **$410,000 USDC** to build, launch, and scale a decentralized betting ecosystem — governed entirely through **MetaDAO’s futarchy system**.
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Instead of token holders voting on proposals, markets decide which decisions create the most value.
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---
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# Building for the future of prediction, betting and trading
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XorraBet is building a **decentralized betting and trading platform** where users and autonomous agents can trade on real-world outcomes and market movements.
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The protocol combines three major markets into one ecosystem:
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**Prediction Markets**
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* Political outcomes
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* Crypto events
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* Global news events
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* Economic indicators
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**Sports Betting**
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* Major global leagues
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* Real-time betting markets
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* Liquidity pools adjusting odds dynamically
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**xStocks Trading**
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* Tokenized exposure to real-world equities
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* Prediction-driven stock movement markets
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* Tradable price outcomes and derivatives
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The platform also supports:
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* **AI trading agents**
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* **Automated liquidity pools**
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* **Micropayment betting**
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* **Machine-to-machine trading**
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Over time, the platform expands into a full **decentralized betting exchange**.
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---
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# Use of Funds
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**Phase 1 development and launch**
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Core smart contract development
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Frontend betting and trading interface
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Oracle integrations for event resolution
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Initial liquidity pool seeding
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Infrastructure and security audits
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All major capital expenditures will be proposed and executed through futarchy governance.
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The first proposal post-raise will be a **$60,000 USDC development proposal** to fund platform development and launch infrastructure.
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This proposal must pass through decision markets before funds are deployed.
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---
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# Why betting markets
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The opportunity is **massive** - lets bring all those sports betting enthusiasts to crypto!
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Global online gambling is projected to exceed **$166B by 2030**, while prediction markets are rapidly gaining adoption across crypto and traditional finance.
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Crypto-native betting unlocks several advantages:
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* Instant global settlement
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* No banking restrictions
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* Transparent market pricing
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* Automated liquidity pools
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* Permissionless market creation
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XorraBet combines these advantages with **AI-driven trading and micropayments**, creating a new class of programmable betting markets.
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---
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# Why XorraBet Wins
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Most betting platforms fall into two categories:
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**Traditional sportsbooks**
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* Centralized
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* Limited markets
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* Geographic restrictions
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* Slow payments
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**Crypto prediction markets**
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* Low liquidity
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* Limited event coverage
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* Poor user experience
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XorraBet is designed to solve both.
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**Unified markets**
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Prediction markets, sports betting, and xStocks trading operate within the same liquidity ecosystem.
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**AI agent trading**
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Autonomous agents can scan markets and execute arbitrage across events, improving liquidity and pricing efficiency.
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**Micropayment infrastructure**
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The platform integrates x402 micropayments enabling extremely low-cost bets and high-frequency trading.
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**Automated liquidity**
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Odds adjust dynamically using liquidity pools rather than traditional bookmaker models.
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**Futarchy governance**
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Instead of governance voting, markets determine protocol decisions — aligning incentives with value creation.
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---
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# Development so far
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Built and deployed the beta site
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Designed the protocol architecture and token model
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Researched prediction market and betting liquidity systems
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Developed early models for AI agent-driven betting strategies
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Planned x402 micropayment integration
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Designed tokenomics and futarchy governance structure
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Prepared platform documentation and deployment roadmap
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Regulatory planning and offshore launch preparation are also underway.
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---
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# Team
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**Zabizas**
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Position: Founder & Lead Designer
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Experience: 15+ Years as a Lecturer in Design. 7+ Frontend and UX Designer, 4+ Years Project Manager, 6+ Years working in crypto.
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**Nino**
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Position: Full Stack Developer
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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.
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---
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# How governance works
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There is no voting in XorraBet.
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There is only trading.
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When a proposal is made — for example:
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“Release $60K USDC to fund development and infrastructure.”
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Two conditional markets open.
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Traders buy into whichever outcome they believe produces more value for the protocol.
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The market determines the result.
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The team cannot access the treasury directly.
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Operations run on a defined monthly allowance. Any spending above that allowance requires a futarchy proposal and market approval.
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All treasury transactions and platform metrics are public.
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Transparency is the default.
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---
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# Raise details
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| Item | Details |
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| ----------------- | -------------------- |
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| Raise Target | **$410,000 USDC** |
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| Monthly Allowance | $29,000 |
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| Raise Window | 24 hours on Futardio |
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---
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# Total Token Supply — 20M max (16M circulating at launch)
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| Allocation | Tokens | Share |
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| ------------------------ | ------ | ----- |
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| ICO tokens | 12M | 60% |
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| Liquidity provision | 4M | 20% |
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| Team performance package | 4M | 20% |
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---
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# Liquidity provision breakdown
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3M tokens on Futarchy AMM
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1M tokens on Meteora pool
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20% of funds raised (**$82K**) paired with LP tokens.
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If the raise does not reach **$410K within 24 hours — full refunds.**
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If the target is reached — treasury, spending limits, and liquidity deploy automatically.
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---
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# Team allocation — performance only
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4M tokens are locked at launch.
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Five tranches unlock at:
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2x
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4x
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8x
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16x
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32x
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Minimum **18-month cliff before any unlock**, evaluated using **3-month TWAP**, not spot price.
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At launch **0 team tokens are circulating.**
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If the token never reaches **2x**, the team receives nothing.
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---
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# Target Runway: 12 months
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**Average Monthly Burn:** ~$29,000 USD
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XorraBet is building **a decentralized betting and prediction market protocol** for:
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• Prediction Markets
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• Sports Betting
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• xStocks Trading
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The protocol is governed through **futarchy markets**, ensuring disciplined treasury usage and transparent capital deployment.
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---
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# 12-Month Execution Plan — $350,000 USD
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## Monthly Burn Breakdown
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**Team — $20,000 / month (69%)**
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Core engineering and product development.
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Includes:
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• smart contract engineering
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• frontend platform development
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• AI trading agent infrastructure
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• oracle integrations
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• product design and UX
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---
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**Infrastructure — $4,500 / month (16%)**
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Production-grade platform infrastructure.
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Includes:
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• blockchain infrastructure
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• data indexing and APIs
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• oracle integrations
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• backend services
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• hosting and monitoring
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---
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**Liquidity & Market Bootstrapping — $3,000 / month (10%)**
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Ensuring active and liquid markets.
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Includes:
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• liquidity incentives
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• early trader rewards
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• market maker support
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• event market seeding
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---
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**Governance, Legal & Contingency — $1,500 / month (5%)**
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Operational safety and regulatory preparation.
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Includes:
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• legal advisory
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• governance tooling
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• protocol audits and security reviews
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• contingency buffer
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---
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# Roadmap & Milestones
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## 12-Month Delivery Plan
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---
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## Q2 2026 (Months 1–3)
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**Beta expansion and platform stabilization**
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• Core prediction markets launched
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• Initial sports betting markets
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• Liquidity pool mechanics finalized
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• Oracle event settlement integration
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• Internal performance metrics and analytics
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Goal:
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**Establish active markets and collect user feedback**
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---
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## Q3 2026 (Months 4–6)
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**Liquidity growth and product expansion**
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• Expanded sports betting coverage
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• Improved market discovery and UI
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• Liquidity incentives and trading rewards
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• Early AI trading agent framework
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• Automated odds adjustment improvements
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• Market analytics dashboard
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Goal:
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**Increase market depth and trading activity**
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---
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## Q4 2026 (Months 7–9)
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**Advanced markets and automation**
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• xStocks prediction markets launch
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• Agent-driven trading ecosystem
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• API access for external developers
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• automated market creation tools
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• advanced liquidity pool tuning
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• UX improvements based on user feedback
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Goal:
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**Transition toward autonomous trading markets**
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---
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## Q1 2027 (Months 10–12)
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**Protocol expansion and ecosystem growth**
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• expanded prediction markets (politics, macro, crypto)
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• sports betting coverage expansion
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• developer integrations
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• ecosystem partnerships
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• advanced trading tools
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Goal:
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**Position XorraBet as a core infrastructure layer for decentralized betting markets**
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---
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# Capital Discipline
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XorraBet treasury spending is governed through **futarchy markets**.
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This means:
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• the team cannot withdraw funds directly
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• all major expenditures require proposals
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• markets determine whether spending creates value
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This aligns **protocol decisions with token holder incentives**.
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## Links
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- Website: https://xorrabet.com
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- Twitter: https://x.com/XorraBet
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- Telegram: https://t.me/XorraBet
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## Raw Data
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- Launch address: `24fzAzy51sUFSnRf4qpTqSrrugiKcJ8uVh2TSnQrDdoY`
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- Token: Fom (Fom)
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- Token mint: `FomAXpkLuZRXg4RHf8Rzedr4LjaeNTNhrDphChuQmeta`
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- Version: v0.7
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- Closed: 2026-03-05
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