Social prediction platform Slips raises $3.5 million in funding, AI-generated market + location-based group interactions

2026-01-16 11:34:11

Abstract generation in progress

【BlockBeats】A new player has entered the prediction market track. Decentralized social prediction platform Slips recently announced the completion of a $3.5 million seed round funding, led by Las Olas Capital and Sunset Bay Capital, with co-investors including Andrew Schwartzberg, a co-owner of the NBA Charlotte Hornets and Leeds United Football Club.

The highlight of Slips is its integration of P2P prediction markets with location-based social features — users can participate in AI-generated prediction markets on-chain and also engage in real-time interactions through offline group activities. This online-offline hybrid model is still relatively uncommon in the prediction market space.

After securing funding, Slips plans to mainly strengthen its financial infrastructure, focusing on opening up cryptocurrency payment channels and improving stablecoin withdrawal mechanisms. In other words, they aim to make users' fund inflows and outflows smoother and lower the barriers to entering prediction markets. Against the backdrop of increasing market attention to prediction applications, Slips' move in this round is quite interesting.

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SchrodingerWallet

· 8h ago

Offline group interactions? Sounds good, finally someone wants to combine prediction markets with social networking. It's reasonable to spend this money on payment channels, but is it really that difficult to withdraw stablecoins? Another new player in the prediction market space, feels a bit crowded. AI-generated markets + geolocation? This combination is interesting, but the concern is user retention, which is an old problem. $3.5 million is a small funding round; let's see how far it can go. Will there really be people participating in offline group activities? Or is it just another fake demand? It seems the focus is still on payment infrastructure; without that, everything else is pointless. New project, new concept, but Polymarket already dominates the prediction market space. Why would they break through? Geolocation social + prediction—will it turn into another small-town chat app in the crypto world?

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DAOdreamer

· 8h ago

The idea of integrating online and offline is indeed innovative, but I wonder what the actual conversion rate will be. Geographical social networking + prediction markets—this combination is quite powerful. Is this an opportunity for small-town youth? Once again, 3.5 million. It seems that funding for prediction projects is getting smaller and smaller... I just want to know if stablecoin withdrawals can truly be resolved, otherwise it's just a show. NBA owners entering the scene—this lineup of investors is truly outrageous.

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SleepyValidator

· 8h ago

The combination of online and offline is indeed innovative, but among the many tracks in the prediction market, which few are truly active?

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gas_guzzler

· 8h ago

Combining online and offline sounds like a good strategy, but can market prediction really rely on geographic location and social connections to go viral? It still feels mostly like a gimmick... They raised 3.5 million and are really willing to spend it, but infrastructure alone is a bottomless pit. Another project trying to do everything, ultimately either dying in payment clearing or becoming useless. A project backed by NBA owners, this endorsement does carry some weight. Stablecoin withdrawal mechanism... it's an old topic, but the key is still to solve the issue of trading depth. Offline group interactions sound like an excuse; frankly, they still want to retain users through social stickiness. Will it last? How did they come up with the name Slips? Does it imply losing money... just kidding. Another one? They've probably stepped on all the pitfalls of prediction markets. The funding amount isn't small, and operations and marketing will definitely require spending. Let's see how they break through later.

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MevWhisperer

· 8h ago

Combining online and offline? Sounds good, but I wonder if the actual implementation will just be a mess. The AI-generated prediction market setup feels a bit gimmicky; only if it can actually run will it be considered real skill. Raising so much funding just to open up payment channels? It feels a bit backwards. The prediction market track is really saturated; let's see who can survive until the end. The team has a good background, and having someone from the NBA endorsing it does leave some room for imagination.

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