NODO Announces Q1 2025 Token Sale & New Omnichain Vaults

[PRESS RELEASE – Singapore, Singapore, October 25th, 2024]

NODO, a prominent multichain prediction markets platform, is excited to unveil its plans for a Token Generation Event (TGE) in Q1 2025 and an expanded roadmap aimed at establishing a comprehensive omnichain DeFi ecosystem. This expansion will feature the integration of futures trading, yield farming vaults, copy trading, a Telegram mini-app, real-world asset (RWA) predictions, and support for the BNB, TON, and SUI blockchains.

The platform seeks to cultivate a highly interactive social trading environment, allowing users to engage in a variety of trading strategies—both actively and passively—while reducing capital barriers, ensuring low transaction fees, and delivering instant payouts.

Enhancing Capital Efficiency Through AMM Aggregation and No-Fee Infrastructure

Once considered a niche aspect of the crypto landscape, prediction markets are transitioning into essential tools for aggregating collective intelligence on a variety of global events. A key challenge in prediction markets has been the absence of genuine decentralization, especially in the structure of community ownership over prediction outcomes. Retail investors in Web3 markets often face limitations in control and influence over their trades and predictions. This challenge is exacerbated by multiple factors: retail traders often experience financial setbacks by entering or exiting trades at inopportune times, while larger players (whales) can manipulate the market to benefit themselves, engaging in practices like pump-and-dump schemes that exploit retail traders as exit liquidity, which leads to even greater losses.

NODO has made considerable progress addressing these issues. A significant area of integration lies in liquidity pools. NODO plans to consolidate existing automated market maker (AMM) models for its market-making, potentially creating more efficient, liquid markets for event outcomes. This strategy will position NODO as a prediction market aggregator, allowing traders access to a wider array of AMMs. Major supported chains include BNB Smart Chain and BASE, with key tokens such as USDT and USDC.

In contrast to current leading prediction markets, NODO provides distinct advantages, including asset security and automatic payouts. The platform achieves this by recording transactions upon users purchasing shares and securing swapped assets in a vault. When an options market concludes, a cross-chain relayer claims the payout, swaps the assets, and distributes them to the user’s wallet.

“The opportunity for retail trading market shares to serve as collateral in lending protocols is particularly thrilling,” says NODO’s Co-Founder Sowmya Raghavan. “This could pave the way for innovative synthetic assets, thereby broadening the array of financial instruments in the DeFi ecosystem.”

NODO is also collaborating with the strategic partner Arthera to facilitate feeless transactions within its product ecosystem.

Laurent Perello, Co-Founder & CEO of Arthera and former TRON DAO advisor, comments: “Optimizing gas fees is crucial—it’s arguably the most essential step for any community-centric Web3 ecosystem aiming for widespread adoption. The collaboration between Arthera and NODO will make prediction markets more accessible for both Web2 and Web3 users.”

Progressive Tokenomics and Market Strategy

NODO has revealed its distribution strategy for the impending token launch. The NODO token ecosystem is crafted to establish a comprehensive foundation for platform expansion, community involvement, and long-term sustainability. Members contribute to the ecosystem by driving volume and fostering community growth, which in turn grants them governance through ownership of the NODO token. Token holders can elect or even serve on a dedicated Security Council responsible for overseeing the platform’s liquidity pool and enforcing stringent security protocols. The ecosystem introduces a unique no-loss staking mechanism, enabling users to safeguard their capital while retaining the opportunity for rewards, effectively mitigating the risk of financial loss while supporting the growth of the platform.

To encourage early adoption, NODO recently launched a social mining initiative that provides its most active users with priority access to the NODO token as community participants by earning “XP Shares” through daily engagement on the platform. This innovative community program has attracted significant attention for NODO across major crypto markets including the US, Nigeria, Kenya, South Africa, Indonesia, Vietnam, and Russia.

About NODO

NODO is an omnichain social futures trading ecosystem boasting over 380,000 users across 14 countries, merging gamification with instant-payout prediction markets. Users can forecast real-world events through NODO prediction markets, while NODO 0DTE Options deliver instant payouts for brief cryptocurrency price forecasts, simultaneously aggregating multiple AMMs for capital efficiency and minimal fees. NODO is creating a gamified social trading environment where users accumulate daily rewards and gain governance within the ecosystem by participating in community market sentiment.

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For further details, users can visit nodo.xyz

For inquiries regarding this release, please contact sowmya@nodo.xyz or team.nodo@nodo.xyz