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August 23, 2025 – Trepa, the pioneering Web3 precision prediction platform, today announced the successful closure of a $420,000 Pre-Seed funding round. The round was led by Colosseum, a leading accelerator and venture fund in the Solana ecosystem, with significant participation from Ignight Capital, The Balaji Fund, and a syndicate of prominent angel investors including Mark Pui, Nicolas Weber, Thomas Pan, Yi Wen Deng, Oleg Smagin, Genya Smagin, and Abbas Shaikh.
This strategic investment underscores strong confidence in Trepa's innovative approach to forecasting, which moves beyond traditional binary prediction markets to reward users based on the accuracy and precision of their numerical predictions.
Redefining Prediction: Precision Over Binary
Traditional prediction markets often operate on a "yes/no" or "all-or-nothing" basis, incentivizing directional guessing. Trepa fundamentally shifts this paradigm by focusing on precision predictions. Users forecast specific numerical outcomes for real-world macro signals such as interest rates, inflation figures, bond yields, and public debt levels. The closer a user's prediction is to the actual outcome, the greater their reward, fostering a culture of deep analysis and informed forecasting.
"At Trepa, our mission is simple: make precision in predictions both fun and financially rewarding," stated Jong-Chan Chung, Co-Founder of Trepa. "We're building a platform for thinkers, not gamblers, where intellectual rigor and analytical skill are directly rewarded. This funding is a testament to the urgent need for a more nuanced and accurate forecasting mechanism in the digital age."
How Trepa Works: Intuitive and Rewarding
Trepa's user-friendly interface simplifies the complex world of financial forecasting:
- Swipe to Battle: Users select a prediction pool related to key economic indicators.
- Slide to Estimate: A unique slider mechanism allows users to set their forecast with granular precision.
- Stake Your Prediction: Users back their forecasts with a stake, adding "skin in the game" for clout and potential cash rewards.
- Get Paid for Precision: Rewards are distributed based on how close the prediction is to the real-world outcome, ensuring that partial accuracy still yields returns and significantly lowering risk compared to all-or-nothing models.
This novel approach encourages a more data-literate and thoughtful community, cultivating "superforecasters" who can consistently demonstrate superior analytical skills.
A Foundation Built on Expertise and Innovation
Trepa's journey has been marked by significant achievements, showcasing its robust technological foundation and the expertise of its team. The company was accepted into the highly selective Colosseum accelerator, boasting an acceptance rate lower than many top-tier programs. Furthermore, Trepa clinched the Grand Prize at South Korea’s first Solana hackathon, demonstrating its prowess in building cutting-edge Web3 solutions on the Solana blockchain.
The core team, including Co-Founders Jong-Chan Chung and Leon Meka (CTO), along with key contributors Vladislav Lenskii, Maxim Grinev, Sahil Thakur, Anam Ansari, Johnpaul, and Pince, brings a blend of technical acumen and a deep understanding of decentralized systems. Trepa's development has also been supported by key ecosystem partners such as Solana Foundation, Superteam Korea, Superteam Singapore, Superteam Germany, Helius, Jito Labs, Fragmetric Labs, OL Consulting, and Orrick, Herrington & Sutcliffe LLP.
Strategic Use of Capital
The $420,000 Pre-Seed funding will be instrumental in accelerating Trepa's product development, expanding its feature set, and scaling its user base. Key areas of focus include enhancing the prediction mechanics, introducing new types of prediction pools, and further solidifying its position as the go-to platform for precision forecasting in Web3.
About Trepa
Trepa is the world's first precision prediction platform, built on Web3 principles. Unlike traditional prediction markets, Trepa rewards users for the accuracy of their numerical forecasts on real-world macro signals. By fostering a community of "superforecasters" and emphasizing skill over luck, Trepa aims to create a more intelligent, transparent, and rewarding environment for financial prediction. Trepa is currently in public beta, inviting users to experience the future of forecasting.
- Website: https://www.trepa.io/
- LinkedIn: https://www.linkedin.com/company/trepa/
- X (formerly Twitter): https://x.com/trepa_io
About Colosseum
Colosseum is a leading accelerator and venture fund dedicated to supercharging the Solana ecosystem. Through hackathons and an intensive accelerator program, Colosseum identifies and invests in promising early-stage Web3 startups, providing them with mentorship, resources, and strategic funding to achieve product-market fit and scale.
About Ignight Capital
Ignight Capital is an investment entity actively involved in the crypto space, backing innovative projects that are shaping the future of decentralized technologies.
About The Balaji Fund
The Balaji Fund is an investment vehicle led by Balaji S. Srinivasan, a prominent angel investor, tech founder, and author. The fund focuses on a wide array of frontier technologies, including crypto/Web3, deep learning, and network states.
Compiled by CMO Intern team
