PMF

prediction ma

2026-08-10 15:01:09

Solana Prediction Market Trepa Shuts Down, Final Round Ends Aug 12

Solana-based prediction market platform Trepa has announced it will shut down. The final round of user participation ends August 12, and the application will remain operational until September 30 so users can withdraw their funds. After that date, the platform will no longer be accessible. The Trepa team said it failed to find product-market fit (PMF). The platform operated a prize pool split mechanism: users guessed specific numerical values, and payouts were distributed proportionally based on how accurate their guesses were. That model made returns unpredictable and gave users no way to exit positions before the round concluded. The additional requirement to participate during fixed time windows each day also put significant pressure on retention. The team ultimately concluded it could not find a sustainable growth path, and is now winding down operations while keeping withdrawals open until the September 30 cutoff.

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Ethereum Foun

2026-08-10 03:49:11

Ex-Ethereum Foundation Member: Founders Can't Rely on EF to Find PMF

Former Ethereum Foundation startup support member Abbas Khan has a blunt message for founders: don't rely on the foundation to help you find product-market fit (PMF). In a post on X, Khan, who left the foundation, said the strongest founders already understand this. They tend to know their direction, their shortcomings and what they need, and they come to the foundation with specific, well-scoped requests. Some founders, he said, once hoped that an Ethereum retweet or support from the foundation would solve distribution and PMF problems. But as he put it, 'No foundation can make you successful. Building the product, finding distribution and validating PMF is on you.' Khan also admitted that criticism of the early Ethereum Foundation for lacking a founder support team was fair, adding that those functions improved over time. However, he made a distinction between 'supporting builders' and 'expecting the foundation to make you successful.' What the foundation can offer, he said, is resource connections, onboarding programs and mentorship. What it cannot do is build a team's project or determine the project's fate.

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