XO Market
Announcements
XO Market is the first conviction marketplace, enabling anyone to create and trade markets based on their strongly held beliefs.
In a conviction market, users stake financial value behind their level of confidence in an outcome, either by creating a market on that outcome or trading shares in it. This approach removes traditional gatekeepers to market creation, bringing liquidity and insight to previously inaccessible or niche topics.
XO Market is currently in Open Beta. The platform is live with real USDC trading, open market creation, continuous Conviction Points (CP) rewards, and integrated fiat and crypto deposits. Anyone can sign up directly and start using the platform.
XO Market is backed by 20VC and Picus Capital, with participation from Coinbase Ventures, Ventures Together, Foreword VC, and pre-seed investors Delphi Ventures and Cyber Fund. Over 30 angel investors from sports, gaming, and crypto have also joined, including Pat Cummins (captain of the Australian cricket team), Michele Attisani (founder of FACEIT), and Sidney Gakpo (co-founder of CMG Nexus).
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
