m3taversal
d71fb54b7a
Co-authored-by: m3taversal <m3taversal@gmail.com> Co-committed-by: m3taversal <m3taversal@gmail.com>
172 lines
10 KiB
Markdown
172 lines
10 KiB
Markdown
---
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type: source
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title: "Futardio: Bynomo fundraise goes live"
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author: "futard.io"
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url: "https://www.futard.io/launch/2aJ7mzSagAVYr1hYFgJAYHCoDLbvkjTtRRe44knWidRc"
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date: 2026-04-13
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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: Bynomo
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- 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.
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- Funding target: $50,000.00
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- Total committed: $16.00
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- Status: Live
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- Launch date: 2026-04-13
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- URL: https://www.futard.io/launch/2aJ7mzSagAVYr1hYFgJAYHCoDLbvkjTtRRe44knWidRc
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## Team / Description
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## Bynomo - Oracle-bound binary trading, built for speed!
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**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.
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**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.
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---
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## What makes Bynomo different
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| vs. | Limitation | Bynomo |
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|-----|----------------|--------|
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| **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** |
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| **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 |
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| **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 |
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| **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 |
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**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.
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**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).
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---
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## Traction (real usage, pre–marketing launch)
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- **~12,500+** bets settled (Solana-led; methodology: internal + on-chain reconciliation)
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- **~250 SOL** staked volume (~**$46K** USD at contemporaneous rates)
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- **~76** unique wallets (early, high-intent cohort)
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- **~3,400+** community members across [X](https://x.com/bynomofun) / [Telegram](https://t.me/bynomo) / [Discord](https://discord.com/invite/5MAHQpWZ7b) (all organic)
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- **Strong sessions:** ~**2h+** average session time (last 7 days, analytics)
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- **Zero paid marketing** to date — product-led pull only
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We are **not** asking funders to bet on an idea alone; we are scaling something that **already converts**.
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---
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## [Market & GTM](https://docs.google.com/presentation/d/1kDVnUCeJ-LZ3dfpo_YsSqen6qSzlgzHFWFk79Eodj9A/edit?usp=sharing)
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**Beachhead:** DeFi-native traders who want **fast, simple, oracle-resolved** instruments + **Web2 binary-option refugees** who want **clearer rules and crypto-native custody**.
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**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.
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**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).
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---
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## Use of funds — pre-seed **$50K**
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| Category | **$50K** | Purpose |
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|----------|-----------|---------|
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| **Engineering & team** | $20K | Senior full-stack, smart contract/infra, BD, graphics, video production house, mods, security reviews, chain integrations and more.. |
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| **Growth & marketing** | $15K | KOLs, paid social, community grants, events, content, ambassador, partnerships, AMA's |
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| **Product & infra** | $10K | RPC, indexing, monitoring, Pyth/oracle costs, Supabase scale, security tooling |
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| **Operations & legal** | $5K | Entity, compliance counsel, accounting, admin and much more |
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### Monthly burn
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Assumes **lean team** until PMF acceleration; ramp marketing after launch.
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| Monthly | **Lean ($50K path)** |
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|---------|------------------------|
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| Payroll (3 FTE equiv.) | ~$1.5K–$3K |
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| Infra + tooling | ~$300–$500 |
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| Marketing & community | ~$500–$1.5K |
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| Ops / legal / misc. | ~$200–$1K |
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| **Approx. monthly burn** | **~$2.5K–$6K** |
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### Runway (directional)
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- **$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..
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---
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## Revenue model
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1. **Platform fees** — % on deposits / withdrawals (tiered governance model in product; default framing **~10%** platform fee layer as in live economics).
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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.
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Unit economics: **high margin** at scale; marginal infra **<$0.10** per active user at current architecture (subject to traffic).
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---
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## Roadmap & milestones
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| Target | Milestone | Success metric |
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|--------|-----------|----------------|
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| **May 2026** | **200+** Pyth markets (FX · stocks · commodities · indices) | 5× tradable surface, 5 partnerships, 4 advisors |
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| **June 2026** | Native mobile / **PWA** | **60%+** mobile sessions, Per-chain ecosystem outreach — regional community groups + executive retweets + every ecosystem project across all chains |
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| **July 2026** | **P2P mode** (player vs player) | Remove house directional cap, 100 micro-influencer campaign (1K–20K followers) in trading, crypto, Web3 niches |
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| **August 2026** | **5+** ecosystem embeds, Referral Leaderboard, Affiliate Marketing & fee share, Weekly Podcast / AMA Series on X with top traders |
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| **September 2026** | Public launch + **Blitz Season 1** | **2,500** active traders · **~$80K MRR** trajectory |
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| **October 2026** | **10K** MAU · **~$320K MRR** path | Series A readiness |
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| **November 2026** | Token liquidity seeding + airdrop + CEX pipeline | Depth + holder distribution |
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---
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## Team
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- **Amaan Sayyad** — CEO
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- **Cankat Polat** — Head of Tech
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- **Abhishek Singh** — Head of Business
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- **Farooq Adejumo** — Head of Community
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- **Konan** — Head of Design
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- **Promise Ogbonna** — Coummunity Manager
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- **Abdulmajid Hassan** — Content Distributor
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*(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) )*
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---
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## Risks (we disclose, not hide)
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- **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.
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- **Oracle / feed:** we rely on **Pyth / Chainlink** and chain liveness; we monitor staleness and failover.
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- **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**.
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---
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## Why Solana / Futard community
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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.
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**We’re raising to turn a working product into a category-defining distribution engine across chains — starting from proof on Solana.**
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---
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### Links
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- **App:** [https://bynomo.fun/]
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- **X:** [https://x.com/bynomofun]
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- **Telegram:** [https://t.me/bynomo]
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- **Litepaper:** [https://bynomo.fun/litepaper]
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- **Discord:** [https://discord.com/invite/5MAHQpWZ7b]
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- **Demo:** [https://youtu.be/t76ltZH9XSU]
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## Links
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- Website: https://bynomo.fun/
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- Twitter: https://x.com/bynomofun
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- Discord: https://discord.com/invite/5MAHQpWZ7b
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- Telegram: https://t.me/bynomo
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## Raw Data
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- Launch address: `2aJ7mzSagAVYr1hYFgJAYHCoDLbvkjTtRRe44knWidRc`
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- Token: BkC (BkC)
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- Token mint: `BkCHkQjbuKrbw1Yy8V3kZPHzDsWpS4R8qBZ7zenDmeta`
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- Version: v0.7
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