Phoenix VC, a venture capital firm based in Dubai, UAE, announced its seed-stage investment in Predictr.club, P2P ERC20 prediction platform.
It is a newly launched platform that is decentralizing the P2P prediction segment and has closed its first successful round of 80,000 PDCT tokens in less than 24 hrs. of listing on Bounce.
Predictr.club is a P2P prediction platform that enables users to make predictions and get friends, family, and the world to back their views with their PDCT Tokens. It is powered by its own utility token called the PDCT and is now available on Uniswap with plans of listing on a few Centralized exchanges in the coming weeks.
According to the Phoenix Venture Partner, Mr. Bijan Alizadeh – “Prediction markets are the next big thing in the Crypto Industry and there are players like Augur and PlotX that are catering to different segments. For Phoenix Predictr was interesting as it added gamification and has benefits for the originator and the participants – A truly Decentralised Prediction marketplace.”
Phoenix VC is a Crypto venture capital firm focused on blockchain technology and the digital currency ecosystem and market development in the Middle East & Africa. The company targets investments in Seed, Private and Public Rounds launched by projects like Predictr.club that seek to decentralize the global economy. Its key investments include ACDX, Digicol, Predictr, Graph and many others across Private, Public and Seed Rounds.
–AK
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.