$SOMI in collaboration with Basketball legend Tristan Thompson, somnia launched yesterday Basketball.fun, the first truly NBA-native prediction market platform that offers:
- Exotic, precise, and customizable prediction markets (Exotic Micro-Events): you can bet on granular, highly specific events within games that traditional sportsbooks don’t offer.
- Fully admin-designed markets and odds (beyond simple AMM or yes/no models): The team creates and controls complex markets and narratives, enabling multi-leg, social-driven, and meme markets.
- True Player-vs-Player (PVP) betting experience: Users compete directly against each other by staking Player Tokens, enhancing community engagement and competitive fun.
- Clear, fixed prize pools and interaction-based gameplay rather than pure gambling: with transparent risk structures focus on entertainment and participation.
- on-chain settlement using official NBA data: Outcomes are verified on-chain with immutable, trustworthy data feeds ensuring fairness.
- Socially shareable markets as engaging content (Screenshots, Clips, Memes): Markets are designed to be easily shared and discussed across social media, driving organic growth and community buzz.
Basketball.fun app just launched on somnia network - take a look - it looks unbelievably amazing
The first-of-its-kind app that enables users to accurately predict basketball game outcomes and player performance, powered by cutting-edge AI technology and sports data analytics.
Backed by somnia in collaboration with Basketball legend Tristan Thompson
$SOMI We have waited patiently for a long time, but I believe that when somi decides to love us bacl, it will do so suddenly, aggressively, and in an unprecedented way…
Confession: I became more confident in the Somnia project when the parent company Improbable sold one of its most important studios to Yoga Labs.
Before that, I was enthusiastic, but I also had some doubts. Some people argued that Herman Narula, the head of Improbable, would not care much about a relatively small investment of somnia worth $200 million, especially compared to the parent company’s valuation of over $3.4 billion. They said it’s just a bet that he can afford to lose.
However, this sale and the clear reallocation of resources toward Somnia was, for me, a strong signal. It showed a deliberate strategic shift: Somnia is no longer a side bet that can be written off easily as they claim. It has become a central focus for the company, one that could now determine not only the success or failure of the Improbable itself, but also the future and market valuation of Improbable as a whole.
context: Improbable develops several side projects and also invests in other ventures that are not related to it. When they reduce working on other projects and focus on somnia it means they are fully all on it.
Time only will tell if I’m right or wrong - but you need to know that so far, everything we’ve seen with somi - from day one until now has been pure speculation. Because the real game begins when somnia has a project in its ecosystem that delivers actual usage, and that’s what I believe is coming soon.
This is when capital will be deployed for a reason, not merely for speculation.
$SOMI Regarding those who see me as overly bullish despite SOMI’s price fluctuations:
I am an investor, and you might be a trader — if that’s the case, we’re fundamentally different.
As an investor, I study the coin thoroughly, and if I believe in its future, I buy and hold for long time. No amount of volatility shakes me as long as my decision is based on solid research and deep conviction.
Sure, I might be right or wrong at the end but that’s life: decisions come with rewards or consequences. So I accept the result.
That’s why I don’t panic or sell just because the price dips a little, nor do I think about constantly selling and rebuying. That’s a stressful game that keeps you awake at night. What good in money if it costs you your health?
Some might say, “But isn’t trading fun? Isn’t that the spirit of crypto?”
True - I do enjoy that adrenaline rush though.
So, most of my money is invested for the long term, but I leave a small portion for that trading game - just not big enough to make me live in anxiety.
$SOMI YOM, the global award-winning Web3 and cloud gaming infrastructure company based in the Netherlands after it is strategic cooperation with somnia today..
Believe me, we are not bullish enough for what’s coming …
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