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Fair question. I understand Odell’s concern around custodial Lightning.
We’re also building a self-custodial version using Spark where YES/NO shares are tokenized and held alongside sats in self-custody.
The goal is simple: users should control both their sats and their market positions.
Sharing a quick demo below of the direction we’re heading.
wow on iOS?
I’m not a huge fan of spark but I understand the tradeoff you are making to bring this product to market
Yes - same here, not a big fan either, but it's the most viable solution currently. This is how WalletOfSatoshi(WoS) got around to operate in US. The plan is to have both custodial and self-custodial version. Self-custodial version will become mandatory for the US users and optional for the rest of the world users just like WoS.
Another good thing about spark is that there is a possibility of holding YES/NO shares in self-custody on WoS. We are in talks with them, and they have given us a soft green light.
However if a better solution for self-custody emerges at a later stage, we will gladly migrate to it.
The main reason we want to also keep the custodial version is for the bot-economy, bots like OpenClaw will each make 1000 trades/second, the self-custodial version will just not be technologically viable for bot-economy. And of-course to serve users from under-privileged economy who have no skills or desire for self-custody.
big plans!!
Thanks 🙏 humble plans.
Would you like to share your email so that I can get Derek started formally on this. No pressure. Feel free to take your time to decide.
The asking price for this round is too high for me.
While I like the project and roadmap it’s still a bit risky for me to risk $10k at this moment.
Totally understand. Early-stage projects always carry risk. Appreciate you taking the time to review Predyx and sharing your feedback. And as always, thank you for supporting Predyx.
Good luck on your raise!
Via what platform? also Odell is bearish on Predxy due the custodial lightning