what's Worm?
Worm is a decentralized prediction market platform built on the Solana blockchain, enabling users to create, trade, and resolve markets on real-world events and outcomes. It emphasizes community-driven engagement by allowing creators to launch markets directly from X posts, earn 2.5% fees on trades, and bootstrap liquidity through a pre-sale bonding curve that starts at 50/50 odds to reward early participants. The platform integrates AI as a copilot to generate detailed resolution criteria, ensuring fair and efficient market closures while maintaining decentralization via the UMA protocol for optimistic oracle resolutions. This setup reduces barriers to entry for creators and participants, fostering a vibrant ecosystem for speculation and information aggregation on Solana's high-speed network.
Worm completed a fundraise.
Links
x.com/wormdotwtfmentioned as upcoming on Cypher platform
Users privately burn ETH to receive a burn-receipt token (BETH), which can later be redeemed for WORM under a fixed issuance schedule, with minting only possible by permanently destroying ETH.
Completed a fundraise.
Launches the first leverage product for prediction markets.
The project is hiring a UX/UI Designer for positions in LA and remote locations.
Testnet upgrades to V3 with staking functionality (3-week locks), direct SETH-to-BETH swaps on Uniswap, liquidity pools with UNI rewards, and streamlined mining without proof flows.
An incentivized testnet is live and the project accepts ETH donations, with early donors eligible for WORM token allocation (percentage to be determined). The project has no institutional backers and the author explicitly warns of potential rug pull risk.
Participates in Gitcoin GG24 Privacy Round with live voting on privoteweb3 for users with HumnPassport.
A user reports being rugged by the project this morning and warns others to unfollow and block the account.
Team consists of developers with high-frequency trading (HFT) background who deployed the project on Solana.
Platform uses AI to help create detailed resolution criteria for prediction markets.
Launches on Solana as a prediction market platform where users can create markets and earn from every trade.
The prediction market semifinals are currently live with rewards reaching $3,600 and continuing to rise, up from the previously reported $2,000+ level. A 10x price curve mechanism is in effect that rewards early participation more heavily.
Won quarterfinals in prediction market showdown and advanced to semifinals tomorrow 1-3pm ET, with voter rewards exceeding $2,000.
The project is participating in a prediction market competition quarterfinals with $100+ prize pools where voters earned $3.3K last week.
Listed on exchange with up to 10x leverage for perpetual trading.
DeSci memecoin targeting billion dollar valuation, described as having questionable utility.