Compass

1/ This week’s 🧭 spotlight: @offmarket by @ace 

Built on @base, Offmarket is creating a prediction market for startup IPOs

A thread 🧵

🦙 @alfaca | building fun consumer crypto apps: @offmarket @perl | vc warm intros | fid #539 | resuming /cheesecoin once we hit pmf 🎯

🟢 IPO prediction market brought to you by @offmarket intern

This is a place for founders to connect, build, and gain resources.

2/ Offmarket bridges the gap between private company insights and profit opportunities 

By allowing users to bet on startup outcomes, offmarket let’s users turn conviction into monetization

4/ Offmarket serves a dual purpose: it allows users to potentially gain from their insights 

At the same time, it generates a new data point for startup analysis

5/ Applying prediction market mechanics to private companies democratizes consumer finance like never before and Offmarket is leading the way

Try it out now!

3/ The data generated by prediction markets like Offmarket could offer a new way to gauge public sentiment around private startups

Through the aggregation of user bets, these platforms have the potential to provide unique insights into market perception of a company’s future