ceo @pumpcade // building the fastest prediction markets

Joined December 2019
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I spent 5 months banging my head against the wall pitching VCs for them to usually just reject my product outright due to the live token. Fast forward, and we've raised $6M across 2 rounds in the span of 12 days from some of the most powerful VCs in the industry. A live token should not stop you. If your product is good, the necessary venture capital is not off the table. A lot of VCs don't understand this yet, but I believe that with @pumpcade we will rewrite the playbook on this. Launching $PUMPCADE allowed me to quit my job and bootstrap the first 6 months of my company. The community backed me and allowed me to build an MVP and get instant feedback on every feature I released. We're in the big leagues now. We are well capitalized and are setting ourselves up to deliver an experience unlike anything you've seen before. The fastest prediction markets. Any verifiable source. Resolved Instantly. Extremely grateful for our investors (@foundationcap @jump_ @pumpfun @radiosolace), our community of token holders, my team (@steoniy @gnarzilla), and a final extra shoutout to Pump Fun again for making this possible and supporting builders. Anyways, Pumpcade.
We're proud to announce that we have closed another oversubscribed funding round for $5M We're bringing on @jump_ for their expertise in revolutionary decentralized technology and are excited to have @foundationcap double down on fast paced instantly resolved markets Pumpcade.
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Stories like this are why I quit my job to build @pumpcade. For the first 6 months I was solo, without paying myself a dime. I didn’t care. It’s because the mission is so important. If you are correct, you should never be a loser. Humans do not belong in the resolution loop.
First of all, I want to sincerely thank @WSJ and @aosipovich for covering my Polymarket case and taking the time to understand the full story. But of course, the thank-you list does not stop there. I also want to thank @TheBlockCo , @cryptodotnews , @CryptoTimes_io , @FXFinanceFeeds , @DeFiRate , @bitget , @kucoincom , @MEXC , @LBank_Exchange , @YahooFinance , Crypto Economy, CVJ, BigGo Finance, Cryptonews.net, 0xzx, Westlaw Today, BitcoinFoundation.org, SonDakika, Haberler, Star-activation, Due Diligence Hub RSS, and all the other media platforms, aggregators, translators, mirror sites, and multilingual repost pages that paid attention to this issue. I never imagined that losing around $35,000 on a prediction market would accidentally turn into a small international media tour. Jokes aside, I am truly grateful that so many people were willing to look into the details of this case. For me, this is not only about one trade or one loss. It is about whether users can trust written market rules, whether platforms should be transparent when resolving disputes, and whether prediction markets can truly earn mainstream trust. Thank you to everyone who listened, reported, shared, translated, reposted, mirrored, aggregated, or simply cared. Money can go to zero. Rules should not.
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3 months ago I won the Pump Fun hackathon. In the last 3 months, the @pumpcade team has speedran a year's worth of fundraising, product development, engineering, and GTM planning. I said it from the start. It's not a memecoin. It's a company, and a damn fucking powerful one.
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Pop Punk retweeted
Pumpcade in your pocket.
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Haven't been very active here and it's for very good reasons. The @pumpcade team is VERY active behind the scenes. Right now we're: 1. Finishing mobile apps (iOS and Android) 2. Integrating the new UI from design team 3. Integrating World Cup Markets 4. LEGAL STUFF Pumpcade
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I may or may not have the @pumpcade native mobile app on my phone with sports markets right now. This changes the game.
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I clicked create token on Pump Fun and turned it into 2 of the fastest fundraising rounds back to back (with a token already live) and 5 full time employees (so far). You can basically do anything you want if you're motivated enough. Pumpcade.
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I can sell you @pumpcade in one sentence. When a market ends, you know whether you won or lost within a single second.
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Pop Punk retweeted
Pumpcade fixes this. Sports, stock, crypto, and futures markets (and many more soon) that are instantly resolved at market end by official verifiable data sources. A truth machine should have no humans in the loop.
Polymarket’s system for resolving disputes is drawing scrutiny from traders. In nearly 20% of disputes reviewed by the Journal, accounts deciding the outcome were tied to bets in the same market. on.wsj.com/3RQqeZt
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Sports betting traditionally is not fun With our resolution engine, protocol, and infrastructure being purpose built for short duration markets, pumpcade makes speculating on sports outcomes extremely fun When sports markets drop on @pumpcade, everything changes
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Pop Punk retweeted
Soon this will be the defacto way to live bet sports. - Will the next pitch be a ball or strike - USA goal in the next 5 minutes - What side of the field will the ball be on in 1 minute And just wait till they start cooking on football for the fall Anyways, pumpcade
Created and assigned 4 beefy tickets for each one of my engineers related to sports markets 20 hours later and all the work is done @pumpcade engineering team ships at an unfathomable pace I can confidently say that our sports markets are one of the most fun things onchain
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Created and assigned 4 beefy tickets for each one of my engineers related to sports markets 20 hours later and all the work is done @pumpcade engineering team ships at an unfathomable pace I can confidently say that our sports markets are one of the most fun things onchain
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100% of team efforts are now on @pumpcade sports markets. We've historically built in public and shared progress screenshots/videos along the way, but not this time. When it drops, it drops. We haven't seen any approaches to sports markets like this... EVER. Pumpcade.
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Sitting here and reviewing all of the sports data that's available to us from our provider. Sports markets on Pumpcade are going to be an experience unlike anything anyone else offers... even the pure sports focused platforms. What we're able to do is truly insane. Sportcade.
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We are pushing hard to get sports markets live in the @pumpcade open beta. Good news on that front. As of tomorrow, we will have access to ultra realtime sports data. We'll aim to start with World Cup and MLB markets, and expand as interest grows. Sportcade.
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At the surface level of @pumpcade we are building something that feels like a game But the underlying tech is a world class resolution engine that's capable of resolving any proven outcome quickly and under heavy load It's a wolf in sheep's clothing to fix outcome resolution
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Pop Punk retweeted
"Don't trust, verify." That's been crypto's claim for a long time, but it only works if you can actually verify. Every system has trust assumptions. The chain, the oracle, the data source, the path from the real world into the machine. What crypto actually changes is not whether trust exists, it is whether trust is visible, narrow, and something people can inspect. Prediction markets are a good test case for this. Before a market settles, messiness is expected. People are pricing incomplete information, disagreeing on what's likely, and arguing about what's true before it becomes obvious. The crowd is doing real work. After settlement, the messiness should stop. The current Polymarket dispute over Strategy's Bitcoin sale is a clean example of what happens when it doesn't. Strategy sold 32 BTC during the May 26-31 window. The market asked whether Strategy would sell any Bitcoin by May 31. The SEC filing confirming the sale came on June 1. So the dispute is not really about whether the sale happened. Everyone agrees it did. The dispute is about which interpretation controls: did the market ask whether the sale occurred by May 31, or whether it was publicly confirmed by May 31? That's a real ambiguity. Once it exists, the market stops being about prediction and starts being about resolution politics. That's where subjective settlement falls apart. It doesn't matter whether the resolver is a company, a committee, a validator set, a DAO, a multisig, or token-weighted voters. If settlement depends on what a group of people decides after the fact, trust lives with that group. You haven't eliminated the human judgment problem, you've just moved it somewhere harder to reason about. The version that actually works is narrower. The rule and the resolution source are both defined before the market opens. The input is observable onchain or from a named publication. The resolver is deterministic, and settlement follows mechanically from that. Show the path from condition to input to output. Make it verifiable. Make it dull. When resolution isn't boring, trust landed somewhere it shouldn't have.
I started @pumpcade with the core idea that outcome resolution should be automatic. It absolutely should not be left up to a group of people to decide, nor should rules be modified mid market. Pumpcade ONLY allows markets that can be instantly resolved, with zero human input.
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I started @pumpcade with the core idea that outcome resolution should be automatic. It absolutely should not be left up to a group of people to decide, nor should rules be modified mid market. Pumpcade ONLY allows markets that can be instantly resolved, with zero human input.
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We just hired a COO at @pumpcade. Absolute rock star candidate. When I found out this individual was available I dropped everything to bring them onboard. They will lead Growth, Marketing, GTM, Operations, and so much more. They start on Monday. Will share more soon.
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As mentioned prior, we contracted a design studio for the production grade rebrand of @pumpcade The open beta has served the purpose of monitoring user behavior and getting feedback on the general layout of the application Here's a sneak peak of where we're at internally
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I have been vehemently preaching ONLY automatically resolved prediction markets, like what we're doing with @pumpcade for a reason. We are only going to continue to see more and more resolution issues like we saw today with the Microstrategy market. Pumpcade fixes this.
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