January 29, 2025
Based, the world’s first permissionless platform for Opinion Markets, has successfully closed a $420,000 pre-seed funding round. Led by dlab, with participation from Manifold Ventures and a group of angel investors, the funding reflects strong early support for the project. Based aims to revolutionize how public opinion and cultural trends are monetized by creating a platform where individuals can speculate on the appeal or relevance of trends, memes, and viral moments.
The platform, built on the Solana blockchain, allows users to turn emerging trends and public sentiment into tradable markets. Based taps into the collective opinion to provide real-time pricing, enabling users to bet on shifts in public opinion, whether driven by breaking news, viral moments, or cultural waves. This approach transforms how people interact with online content, offering financial rewards for those able to spot the next big trend before it peaks.
Based aims to provide a better way to engage with online culture and trends, offering a safer, more sustainable alternative to the high-risk meme coin space. The platform seeks to merge content discovery and financial engagement, giving users a novel way to interact with the ever-changing landscape of internet culture. With this funding, Based is poised to build a platform where public opinion can be traded, and those who can predict the next big shift stand to profit.
About Based
Based is a platform that allows users to participate in Opinion Markets, turning trends, memes, and viral moments into tradable assets. Built on the Solana blockchain, Based allows users to speculate on shifts in public sentiment, making it possible to profit from emerging cultural trends. The platform aims to create a sustainable financial model for users engaged with internet culture.
Website: https://basedapp.com/
X: @Basedappcom
About Investor
dlab
dlab is a venture studio focused on building and investing in decentralized networks. Located in New York, dlab specializes in early-stage investments across the blockchain ecosystem, offering strategic support to its portfolio companies.
Website: https://www.d11-labs.com/
Location: Riverside, California
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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