In partnership with CZ, dingaling is launching predict.fun to predict emerging trends.

Original article by Odaily Planet Daily ( @OdailyChina )

Author｜Golem ( @web3_golem )

On December 4th, Binance founder CZ announced that predict.fun, a new prediction platform incubated by YZi Labs, will soon be launched on BNB Chain. Unlike traditional prediction markets such as Polymarket and Kalshi, predict.fun achieves a key innovation: funds used by users to participate in predictions are no longer idle , but can generate additional returns during the prediction period.

Although the product has not yet been officially launched, this mechanism has already attracted widespread attention. Its core logic likely integrates a "prediction market + DeFi" model—that is, the platform intelligently allocates users' prediction funds into DeFi strategies, thereby significantly improving capital utilization efficiency. If the DeFi strategies operate robustly, users can not only enjoy the potential returns from predictions but also achieve continuous profit accumulation, which also provides a buffer against potential losses from predictions. This design is undoubtedly a noteworthy innovation in the prediction field.

In addition to officially announcing the investment, CZ also revealed that the project's founder had worked at Binance several years ago, adding an extra layer of industry recognition to his background. Interestingly, the founder is none other than dingaling , a well-known figure in the NFT field. Ironically, his past experience and community influence have dampened many people's expectations for predict.fun .

The question of "who dingaling is" sparked considerable discussion in May of this year. Although his real identity has not yet been revealed to the public, various stories circulating online have already sketched out his image. He is a serial entrepreneur who accurately grasps the crypto trend, a well-known NFT whale, an employee fired by Binance for insider trading, and "CZ's old nemesis".

When Uniswap became a hit, dingaling launched PancakeSwap; when Opensea was popular, dingaling created LooksRare; when pump.fun was making a fortune, he launched boop.fun hoping to get a piece of the pie; and now, he has his eyes on the huge cake of prediction markets.

Meanwhile, dingaling was also a highly regarded NFT investment guru in the community back in the day. At his peak, dingaling held 113 Bored Ape Yacht Club (BAYC) tokens and over 70 Azuki NFTs. He was also an early investor in CryptoKitties and one of the largest investors in NBA Top Shots.

These identities and resumes have kept the name dingaling in the spotlight, but what makes dingaling most valuable is his position as the Chief Research Officer (CRO) at Binance, at least before boop.fun was rejected by the community and destroyed by CZ himself.

boop.fun ended in a dismal failure, and dingaling's public image collapsed.

In mid-2025, pump.fun sparked public outrage, attracting numerous competitors. Dingaling, a shrewd serial entrepreneur, launched boop.fun, a meme launch platform touted as revolutionary. Given its prestigious background, investors were naturally eager to buy in. Its token, BOOP, saw its market capitalization soar to $500 million within an hour of listing.

boop.fun's mechanism was quite unique at the time (dingaling seems to be very good at mechanism innovation). The core of boop.fun was incentive distribution. As long as the Meme coin created on the platform was successfully launched, the creator and the coin holder could share the daily reward of 1 million BOOP; users who staked BOOP could also enjoy a proportional share of the platform's Meme coin airdrops and transaction fees.

Imagine if the platform generated a billion-level Meme coin; the Meme coin airdrops received by users who staked BOOP would be incredibly valuable. Unfortunately, this pipe dream never materialized.

When boop.fun launched on May 1st, the platform saw 10,877 Meme tokens created in a single day, surpassing pump.fun. However, its performance has declined ever since. According to Dune data, while boop.fun hasn't "collapsed," it has only launched one Meme token in the past 24 hours. The market capitalization of the BOOP token has now fallen to $8 million.

boop.fun daily token creation count

The entire incentive flywheel of boop.fun is based on the premise of active creation of Meme coins on the platform. However, if the "coin-issuing group" stops launching Meme coins on it or the entire Meme coin market declines, boop.fun will inevitably collapse. It's just that this collapse came too quickly, and perhaps apart from dingaling himself, no one made money from BOOP.

Dingaling's public image was also destroyed by CZ himself at this time. On May 5, a KOL complained that Dingaling was using the name of Binance's former CRO to promote his project, but Binance founder CZ replied that "there are only former employees who were fired by Binance for insider trading, not CROs."

After CZ exposed dingaling, community investigations revealed that the alleged insider trading incident likely referred to dingaling buying a large amount of cakes after creating PancakeSwap, yet still demanding a share of PancakeSwap's profits from CZ. This angered CZ and Ted Lin (former Binance CGO), thus beginning a personal feud between the two. (Related reading: The Feud Between dingaling and Binance CZ )

When faced with CZ's accusations, dingaling did not respond at the time, but stubbornly maintained his identity as Binance's former CRO in his profile (now changed to Binance's former head of research).

However, the community has completely demystified Dingaling. The so-called serial entrepreneur is nothing more than a "high-level speculator" who only knows how to copy products and make money in the hottest trends. The so-called former CRO of Binance is just an employee with a professional stain who was fired for insider trading.

What right do you have to cut us?

Will old rivals reconcile and become pigs riding the wave of opportunity together?

On November 25th, dingaling announced that he would be stepping down as an advisor behind the scenes at the boop.fun platform, while another partner would lead the project. It was initially thought he was retiring, but it turns out he's turning his attention to the next big trend—prediction markets—making a final break from boop.funz.

What's most baffling is that this time, dingaling has joined forces with none other than its old nemesis, CZ, who had publicly slandered it before. Perhaps the two have already reconciled in private, or perhaps it's just a case of the famous saying—there are no permanent friends, only permanent interests.

Although CZ's tweet contained a "disclaimer," YZiLabs (or rather CZ) cannot afford to lose this ticket in the booming prediction market. They need a trader who knows how to ride the wave; while dingaling needs a giant who can endorse him and open the floodgates for traffic.

Driven by shared interests, the two shook hands and made peace, deciding to ride the wave together. Those past grievances about insider trading, the investors' indignation when Boop.fun crashed—all of that is now nothing more than dust, shattered at the dinner table of profit, amidst clinking glasses and exchanging toasts.