We have onboarded our first protocol apps and launched V0.0.2 contracts to better support market creators! Alongside the Onit frame, our prediction markets are available in mini-apps like TheFalseNine who have deployed football markets for the Champions League. We've also launched some new market types of our own.

Product Features

• API and SDK: We launched our API and SDK, and onboarded our first protocol partners.

• Discrete Markets: We now offer markets for questions like 'Who will win the UEFA Champions League?'. This opens up betting on competitions, or other social markets where your audience are the options.

• Avatars on Chart: We've added Farcaster pfps to the charts so you can see where your friends bet.

• Percentage Markets: Like 'What percentage of the US strategic crypto reserve will be Bitcoin?'

• Tags: Better filtering and discoverability of markets in the Onit frame, and a way for other apps to only show relevant markets to their users.

Highlights

• Onit markets live in other apps with 50+ bets so far

  

• Happy protocol apps integrating Onit

  

Traction

• Onit Frame Users: 583 -> 1002

• Total Bets: 39 -> 122

• Volume: $244 -> $402

• Protocol Apps: 50+ bets came from other applications

Next Steps

• Onboard next batch of protocol users

• Launch a series of themed markets

• Pick up fundraising conversations with investors

Ask

• Intro to apps: We're onboarding more apps who would benefit from embedding highly customisable prediction markets, if you know any please put us in touch.

• Intro to investors: We are raising a $3M pre-seed round. If you know any investors interested in protocols, or prediction markets, we'd love to be put in touch (if that sounds like you, drop me a message below and I can send our memo!)

Contact:

Telegram: james_onit

Follow us: Farcaster | Twitter

Check our markets: https://onit.fun