
Limitless Secures $4 Million to Turbocharge Token Launch
Limitless has carved a niche by offering ultra-short-term asset price markets—contracts that settle within minutes or hours, akin to zero-day-to-expiry options but without the complexity. These have amassed over $250 million in traded volume since launch. With a user base hungry for fast-paced, accessible trading, the platform is now integrating a points programme capable of rewarding participants for trading activity, liquidity provision, and community referrals ahead of its token rollout.
CEO CJ Hetherington frames the initiative as a gateway to democratise crypto markets: 'The future of trading is easy, fast, and powered by an army of token holders. We're excited to bring this vision to reality'. The points programme, expected to support token distribution through an airdrop, is aimed at deepening engagement and rewarding loyal users.
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The capital will also underwrite a newly launched mobile-first trading interface optimised for global accessibility. The app provides streamlined navigation and faster execution, catering to both casual novices and experienced traders keen on trading on-the-go. Platform enhancements funded by this round include improved infrastructure, expanded feature sets, and beefed-up user acquisition efforts to cement Limitless's edge in the burgeoning decentralised finance prediction market space.
The funding round saw participation from top-tier blockchain investors such as 1confirmation, Collider, Node Capital, Paper Ventures, Public Works, Punk DAO, WAGMI Ventures, and the Base Ecosystem Fund via Echo, underscoring strong ecosystem confidence. These backers also supported an earlier $3 million pre‑seed round led by 1confirmation.
Limitless plans to become the first major prediction-market protocol to tie its token launch to user engagement, deploying a gamified reward mechanism through its points system to qualify early users for airdrops. This approach reflects broader DeFi trends where platforms align incentives with active, committed participants—creating more sustainable engagement and network vitality.
Arthur Hayes's entry as adviser signals strategic depth. His track record at BitMEX suggests he will guide Limitless through nuanced liquidity strategies, regulatory landscapes, and potential volatility management—all pivotal areas for a prediction-market platform targeting rapid growth.
Limitless's commitment to innovation is clearly evident. Since launch, it has recorded over $250 million in volume, driven by demand for accessible high‑frequency trading instruments on Bitcoin and other assets. The new funding and points engine prepare Limitless to amplify that momentum, with the token launch slated to reward the platform's most engaged users and cement its position in the DeFi ecosystem.
Operationally, this means investing in scalable architecture and user-centred design, while nurturing a community aligned around incentives that both drive platform usage and distribute value equitably. This dual focus on infrastructure and engagement marks a maturing phase for Limitless as it transforms from promising startup to market contender in prediction markets.

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Arabian Post
02-07-2025
- Arabian Post
Limitless Secures $4 Million to Turbocharge Token Launch
Limitless, the leading prediction-market platform on Base, has closed a $4 million strategic funding round to bolster its forthcoming token generation event. The injection, led by Coinbase Ventures and featuring Arthur Hayes's family office Maelstrom, elevates the total capital raised to $7 million. Hayes, co‑founder of BitMEX, also joins as an adviser, lending his market insight just as the platform unveils a new points system designed to reward active users. Limitless has carved a niche by offering ultra-short-term asset price markets—contracts that settle within minutes or hours, akin to zero-day-to-expiry options but without the complexity. These have amassed over $250 million in traded volume since launch. With a user base hungry for fast-paced, accessible trading, the platform is now integrating a points programme capable of rewarding participants for trading activity, liquidity provision, and community referrals ahead of its token rollout. CEO CJ Hetherington frames the initiative as a gateway to democratise crypto markets: 'The future of trading is easy, fast, and powered by an army of token holders. We're excited to bring this vision to reality'. The points programme, expected to support token distribution through an airdrop, is aimed at deepening engagement and rewarding loyal users. ADVERTISEMENT The capital will also underwrite a newly launched mobile-first trading interface optimised for global accessibility. The app provides streamlined navigation and faster execution, catering to both casual novices and experienced traders keen on trading on-the-go. Platform enhancements funded by this round include improved infrastructure, expanded feature sets, and beefed-up user acquisition efforts to cement Limitless's edge in the burgeoning decentralised finance prediction market space. The funding round saw participation from top-tier blockchain investors such as 1confirmation, Collider, Node Capital, Paper Ventures, Public Works, Punk DAO, WAGMI Ventures, and the Base Ecosystem Fund via Echo, underscoring strong ecosystem confidence. These backers also supported an earlier $3 million pre‑seed round led by 1confirmation. Limitless plans to become the first major prediction-market protocol to tie its token launch to user engagement, deploying a gamified reward mechanism through its points system to qualify early users for airdrops. This approach reflects broader DeFi trends where platforms align incentives with active, committed participants—creating more sustainable engagement and network vitality. Arthur Hayes's entry as adviser signals strategic depth. His track record at BitMEX suggests he will guide Limitless through nuanced liquidity strategies, regulatory landscapes, and potential volatility management—all pivotal areas for a prediction-market platform targeting rapid growth. Limitless's commitment to innovation is clearly evident. Since launch, it has recorded over $250 million in volume, driven by demand for accessible high‑frequency trading instruments on Bitcoin and other assets. The new funding and points engine prepare Limitless to amplify that momentum, with the token launch slated to reward the platform's most engaged users and cement its position in the DeFi ecosystem. Operationally, this means investing in scalable architecture and user-centred design, while nurturing a community aligned around incentives that both drive platform usage and distribute value equitably. This dual focus on infrastructure and engagement marks a maturing phase for Limitless as it transforms from promising startup to market contender in prediction markets.


Arabian Post
25-06-2025
- Arabian Post
Palm-based Payments Gain Traction Across Poland and Thailand
Arabian Post Staff -Dubai Poland has become the first European country to pilot palm vein–based biometric payments, while Tencent is advancing similar technology in Thailand, setting the stage for a wider rollout across Southeast Asia. Autopay's HandGo system and Tencent's palm biometrics reflect a growing global interest in contactless and secure transaction methods. Autopay has initiated a pilot of HandGo by allowing customers at select venues—such as the Limitless sauna complex in Sopot—to make purchases by placing their palm on a scanner. Once a user links a payment card in the Autopay app, they register their palm vein pattern via QR-triggered enrolment. A digital hand token is then stored securely, enabling future transactions without a card, smartphone, or smartwatch. Autopay emphasises that no actual image of the hand is stored—only encrypted vein pattern data and a payment token meeting PCI‑DSS standards. Company executives describe the offering as a potential game‑changer for wellness and sports facilities, emphasising convenience and hygiene. ADVERTISEMENT Globally, competitors already include Amazon's Amazon One and Alipay's PL1 device. Autopay distinguishes itself in Poland by being the nation's first palm-auth payment provider, placing it alongside early vein‑scanning efforts by BPH bank and fintech Payvein. Another biometric contender, PayEye, combines iris and facial recognition for payment authorisation. Despite its versatility, PayEye requires merchants to deploy specialised terminals that support both biometric and traditional card payments, boosting acceptance rates. Meanwhile, Tencent Cloud is intensifying its push into palm biometrics in Thailand. Vice‑president Jimmy Chen told the Bangkok Post that the country, backed by its 'Cloud First' policy and digital transformation initiatives, makes an ideal launchpad. Tencent is collaborating with local technology firms such as MFEC and True IDC to test the system across multiple sectors, including convenience stores, retail, entertainment, education and finance. Early trials in venues like 7‑Eleven, Siam Commercial Bank, and The Mall Group underscore a focus on Thailand's tourism-driven retail sector, where international visitors may welcome a card- or cash-free experience. Tencent Cloud's palm recognition has already been implemented in China at Beijing Airport Express, Shenzhen University, and numerous 7‑Eleven outlets. The system uses infrared imaging to analyse both surface palm lines and the vein network beneath the skin. Data is encrypted and stored with irreversible transformation to safeguard privacy. The architecture integrates local data centres—in Thailand's case—with no cross-border transfers, aligning with regulatory frameworks. Analysts from GlobalData suggest that if the trials succeed, Thailand could become the gateway for adoption across Indonesia and Malaysia, offering scalability and enhanced security compared with fingerprint or facial recognition. The initiative follows earlier pilot projects: Tencent partnered with Visa in Singapore in November 2024 during the Fintech Festival, allowing DBS, OCBC and UOB cardholders to enrol palm biometrics at café POS terminals and make payments thereafter through voice‑free palm scans. Tencent's palm system, recognised with a Fintech Excellence Award in Singapore, reportedly supports transaction speeds within a second, even under poor lighting or wet conditions. In Southeast Asia, Alipay's PL1 palm scanner is already deployed across several markets. PL1 requires users to enrol their palm lines and vein data, then allows tap‑free transactions at metro gates, buses and retail outlets. The competitive landscape also includes Amazon's Whole Foods adoption of palm scan technology in the US and pilot programmes by J.P. Morgan and Mastercard for palm‑based checkout systems.

Crypto Insight
17-06-2025
- Crypto Insight
Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato'
BitMEX founder Arthur Hayes warns that an incoming wave of new stablecoin companies will try to follow Circle's successful public offering, but are more likely doomed to fail. In a post on Monday, Hayes cautioned that while Circle's IPO marks the beginning of 'stablecoin mania,' most new public stablecoin companies will be overvalued and fail. 'The listing marks the beginning, not the end of this cycle's stablecoin mania,' he said, adding that the bubble will pop after the public launch of a stablecoin issuer 'that separates fools from tens of billions of capital by using a combination of financial engineering, leverage, and amazing showmanship.' The next wave of listings will be 'Circle copycats,' he said, adding that investors should 'Trade this shit like you would a hot potato.' Don't short, warns Hayes However, Hayes stopped short of urging traders to short the stocks, as pro-crypto sentiment in the United States and 'stablecoin mania' narrative will drive prices up initially. 'These new stocks will rip the faces off of shorts,' he cautioned. The US Senate is poised to vote on key stablecoin legislation on June 17, which would further fuel the narrative if it passes. 'Stablecoin regulation in the US will kick off a wave of new stablecoins in the US and all over the world,' concurred Chainlink co-founder Sergey Nazarov on Tuesday. New stablecoins have limited chances of success Hayes argued that the fundamental question for any stablecoin issuer is how they will distribute their product. He identified only three viable distribution channels: crypto exchanges, Web2 social media giants and legacy banks. Without access to these channels, new stablecoin issuers have 'no chance of success,' he said. Most new public stablecoin companies will be overvalued and fail because distribution channels are already locked up by existing players, new entrants will have to pay substantial fees to exchanges or yield to depositors, and social media companies and banks will build their own stablecoins, he explained. 'For those of us who have been in the trenches for some time it will be hilarious to watch the suited-up clowns that are able to hoodwink the investing public into investing in their dogshit companies.' Circle (CRCL) is overvalued Hayes argues that Circle (CRCL), at this stage, is 'insanely overvalued,' and hands 50% of its interest income to Coinbase. However, its price will 'continue levitating,' he added. Circle completed a successful initial public offering on June 5, with its share price surging by the end of the trading session. CRCL is currently up more than 80% since it was listed, hitting an all-time high of just below $165 on June 16, according to Google Finance. Source: