Myriad’s $10M Feat or Digital Gold Rush? 🚀💰

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In the grimy alleyways of Web3, where dreams are coded in hexadecimal and hope is traded like stock, Myriad has struck oil-$10 million in USDC trading volume, no less. A feat so grand it makes a Cossack’s heart skip a beat. Over 511,000 souls have flocked to this digital bazaar, lured by the promise of profiting from prophecy. Or, as Gorky might say, “The future is a loaf of bread, and they’re selling shares in the oven.”

Loxley Fernandes, the man behind the curtain (or perhaps the blockchain), declares Myriad is “building the rails” for prediction markets to evolve from crypto’s eccentric cousin to DeFi’s new heir. One might call it alchemy, if alchemists accepted USDC instead of gold leaf.

Growth Metrics and Market Reach

March 2025 saw Myriad’s USDC markets open like a can of worms-or a treasure chest, depending on your appetite for chaos. By July, they’d hitched a ride on Ethereum’s Linea L2, a move so bold it could make a Tsarist general weep. Multichain functionality, they call it. Fernandes, ever the visionary, insists trading ideas is the “next frontier.” Frontier? More like a circus, but let’s not quibble.

Engagement? Oh, it’s there. 60,000 browser extensions installed, 5.4 million predictions made. From Nvidia’s valuation to bird flights over Texas (feathers in the sky, perhaps?), Myriad’s users are a curious bunch. One wonders if they’ve predicted their own obsolescence yet. 🤔

The company now dabbles in B2B, crafting protocols for corporate prognostication. EigenLayer, EigenCloud, ERC-PRED-terms that sound like they were scribbled on a napkin during a particularly spirited tea party. The future, it seems, is both cloudy and capitalized.

Why Prediction Markets Are Rising

These markets have proven their worth, outpacing polls and pundits in predicting presidential outcomes. A feat that would make even the most cynical of Marxists raise an eyebrow. And now, Interactive Brokers’ founder Thomas Peterffy claims they’ll outshine stock markets in 15 years. A bold claim, but then again, who’s counting when the next crypto moonshot is just a tweet away?

Fernandes, ever the Robinhood of ideas, compares Myriad to a financial revolution. “Trading ideas is the next frontier,” he says, as if the phrase isn’t already clogging the airwaves. One can almost hear the sound of cash registers clinking in the background. 💸

In the end, Myriad’s surge is less about numbers and more about a societal shift. Soon, we may trade opinions as easily as assets. A world where your guess about bird flights is worth more than your actual job. Welcome to the future, dear reader. Or as Gorky might say, “The revolution is here, and it smells of gaslight and optimism.” 😏

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2025-09-01 20:56