probable

According to official news, the smart DeFi assistant Otomato announced the completion of a $2 million financing led by Improbable. Otomato is a no-code Web3 automation protocol and DeFi assistant that allows users to create, monitor, and automate on-chain operations, with over 3,000 users currently.

Binance founder Changpeng Zhao commented on social media about "Predict.fun announcing a strategic acquisition of Probable," stating: "Congratulations, I am glad to see two strong projects joining forces."ChainCatcher previously reported that, according to official news, the BNB chain prediction market Predict.fun announced a strategic acquisition of Probable, which was originally an on-chain prediction platform incubated by PancakeSwap and YZi Labs.This acquisition will accelerate improvements in market architecture, execution efficiency, and capital utilization by enhancing its underlying technology stack, thereby further increasing the efficiency of the Predict.fun prediction market.

According to official news, the BNB Chain prediction market Predict.fun announced a strategic acquisition of Probable, which was originally an on-chain prediction platform incubated by PancakeSwap and YZi Labs.This acquisition will accelerate improvements in market architecture, execution efficiency, and capital utilization by enhancing its underlying technology stack, thereby further increasing the efficiency of the Predict.fun prediction market.

According to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the prediction market Probable based on the BNB Chain has gained the most new followers among X (Twitter) top personalities. New influential figures following this project include cryptocurrency analyst Phyrex (@Phyrex_Ni), airdrop blogger Hebi (@hebi555), and 0xAA (@0xAA_Science).

The prediction market Probable, supported by Pancake and YZi Labs, announced on social media that it achieved $1 billion in on-chain prediction trading volume within 36 days of its launch.

The leading NFT project "Bored Ape" BAYC co-founder Garga.eth announced on the X platform that Yuga Labs has acquired the Improbable Unreal Engine creation platform and reached a permanent licensing agreement with Improbable for Otherside's high concurrency technology. Additionally, relevant engineers and developers from the platform will join Yuga Labs, with the specific acquisition amount not disclosed. It is reported that this acquisition will enable builders, developers, and artists on the Otherside platform to better construct community experiences using metaverse technology software and tools.

Zhao Changpeng retweeted a related tweet about the deployment of the prediction market Probable on the BNB Chain and stated, "Multiple prediction markets are running on the BNB Chain." Probable is co-incubated by PancakeSwap and YZi Labs, supported by the UMA Optimistic Oracle.

PancakeSwap announces the launch and incubation of the on-chain prediction market platform Probable, which is jointly supported by PancakeSwap and YZi Labs, and will be exclusively deployed on the BNB Chain.According to reports, Probable is positioned as a user-centric on-chain prediction platform, featuring zero fees, on-chain settlement, and a simplified user experience. Initially, the platform will not charge prediction fees, leveraging the low-cost and high-performance infrastructure of the BNB Chain to support users in predicting the trends of crypto assets, global events, sports events, and certain regional specialty markets.On the mechanism level, Probable uses UMA's Optimistic Oracle as the event adjudication tool, achieving result confirmation through a dispute-based verification method to enhance the transparency and censorship resistance of the prediction market. Additionally, users can recharge with any token, and the system will automatically convert it to USDT on the BNB Chain for participation in predictions, lowering the operational threshold.PancakeSwap stated that Probable is an independent project, and its team will advance product implementation and ecosystem expansion with the support of PancakeSwap and YZi Labs. The prediction market is expected to officially launch soon.

ChainCatcher message, according to the ranking surge data from the Web3 asset data platform RootData, as of October 28, 18:40, Infura has risen by 732 ranks, ranking first; Improbable has risen by 715 ranks, ranking second; Lumoz has risen by 665 ranks, ranking third.Additionally, the Web3 asset data platform RootData shows that Infura is a blockchain infrastructure development platform with high availability APIs and development tools, providing developers with fast and reliable access to the Ethereum and IPFS networks. Infura simplifies blockchain development into a cohesive experience, consolidating all of a developer's tools in one place: Ethereum nodes, Eth2 nodes, transaction relays, Layer 2 networks, IPFS, Filecoin, etc., allowing developers to focus on building and scaling the next generation of software.It is reported that RootData has launched the first "Web3 Hot Projects Ranking." This popularity ranking helps users capture the real pulse of attention through 4.3 million real user behavior data, improving the accuracy of user investment decisions. The ranking is calculated in real-time based on weighted factors such as the frequency of searches by platform users, project click rates, user votes, and the popularity and influence on the X platform.

ChainCatcher news, according to CoinDesk, the Otherside development company Improbable will launch the Somnia blockchain DevNet phase.The official statement indicates that this blockchain will handle over 400,000 transactions per second (TPS), with sub-second latency and low fees, and is compatible with the Ethereum EVM.

ChainCatcher news, according to Cointelegraph, the metaverse technology company Improbable has sold its Web3 gaming company The Multiplayer Group for approximately $97.1 million (£76.5 million), with Keywords Studios as the buyer.

According to Chain Catcher, as reported by Decrypt, Improbable, the development company behind Yuga Labs' metaverse Otherside, is set to raise $111 million (£100 million) in a new funding round, with a valuation of $3.36 billion (£3 billion), up from a valuation of $2.8 billion (£2.5 billion) in 2018.Improbable CEO Herman Narula revealed that the company's new technology can now support thousands of players interacting simultaneously and will focus on creating virtual worlds for popular Web3 companies like Yuga Labs.Chain Catcher previously reported that blockchain gaming company Improbable announced in April this year that its new project M² completed $150 million in independent financing, led by a16z and the SoftBank Vision Fund, with a post-money valuation of $1 billion. (The Block)