By Shogo Ishida, Co-CEO, EMURGO Middle East & Africa
Since 2023, EMURGO Africa’s portfolio company NODO has cultivated a vibrant community of over 300,000 blockchain enthusiasts across 14 countries. Through strategic partnerships with industry giants like Tether, NODO has solidified our reputation as a trusted platform for blockchain education, product showcases, and connecting innovative projects with international investors.
Key Highlights
- NODO has been live for over 2 years, with a user base exceeding 300,000 across 14 countries.
- Relaunched as a gamified prediction market: users can earn through placing predictions and providing liquidity in NODO’s platform.
- Partnered with major blockchain industry leaders including Tether, TRON’s SunPump & Kommunitas.
- NODO is actively fundraising in it’s seed round, and is open to lead and follow on investment opportunities.
The Way Forward
In our next phase, NODO launched as a leading community-backed multichain prediction market platform, aiming to address two core challenges in Web3:
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Information Fragmentation: Especially in the Web3 industry, retail traders often suffer significant losses due to ill-timed trades and poor knowledge on trading strategy. The reliance on inadequate market data and poorly times market entries leads to significant losses among traders. NODO wants to bridge this gap, and offer you quality decisioning information on Web3 markets.
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Liquidity Fragmentation: This occurs when liquidity in financial markets is spread across multiple trading venues, platforms, or exchanges, rather than being concentrated in a single location. Even in large prediction markets like Polymarket, market manipulation and lack of access to deep liquidity increases the risk potential for prediction market trade. Fragmentation increases transaction costs due to differences in prices across platforms, leading to less efficient trading.
NODO’s Solution: Onchain Social Trading Community
NODO recognized the issue of trend discovery and information fragmentation across various prediction markets, making it difficult for users to find and participate in promising opportunities. NODO’s solution is to integrate these markets into a single, seamless interface, allowing users to trade across platforms with just one click.
How NODO Works
NODO users can actively engage in trending events and topics through market discussions. This in turn drives reliable Web3 market speculation and community sentiment to earn USDT.
- Select Trending Prediction Polls: Users can Predict the future outcome of events by buying YES or NO shares.
- Enter Stablecoin Settlement Trades: Place a market order to get in right away or a limit order to get in at your desired price, by purchasing USDT via providers including Onramp. Money or depositing via centralised exchanges.
- Real World Settlement: The market resolves at the stated date.
- Earn Rewards: Early adopters have access to NODO GEM campaigns including an early Deposit Bonus and Referral Bonus.
Global Reach and Industry Impact:
Worldwide Coverage: NODO’s product launch received organic global coverage from industry-leading Web3 media outlets, including Cointelegraph, Coinmarketcap, Cryptopolitan, Cointrust, Coinpaper, Tradingview and Times Tabloid.
This recognition has credited NODO as the leading platform empowering African and growth market users with the opportunity to trade and earn from prediction markets.
Partnerships with Industry Leaders: Since launch NODO fortified strategic partnerships with market leaders such as IOST, Kommunitas, Solana Super Team, Zesh, and Spores Network. With a diverse network of over 1,260 Web3, community, and VC partners built over 1.5 years, NODO is well-known and trusted by industry players and leaders. Recently, NODO also formed a strategic partnership with SunPump, the first meme fair launch platform on TRON which generated over $1 million in revenue in the past 11 days.
Viral CryptoTwitter AMA: Over 620,000 live listeners tuned in during our product launch week to learn about and try out our new product. Our top AMAs included ICP Global Hubs (1.1M listeners), ICP Africa TownHall (473K listeners), and Avalanche (374K listeners).
NODO’s Next Phase:
NODO plans to rapidly scale operations and drive volume generation to achieve over USD$3 Million in transaction volume within the next three months.
- Phase One: Focus on testing and maintaining the prediction market narrative, adding SocialFi products like Engage2Earn and Refer2Earn, and demonstrating the viability of our model.
- Phase Two: Expand product offerings to include leverage, margin trading, and other high-margin products, with preparations for more trading-related features, staking, and yield-generating options.
- Phase Three: Integrate decentralized finance (DeFi) and yield farming features to retain users and generate passive yield.
For more information on how to get involved, please reach out to our fundraising team via email at contact@nodo.xyz and Telegram on @sraghavan. Thank you for your continued support and belief in NODO's potential.
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