The decentralized prediction market network Reppo has secured a $20 million strategic investment commitment.

Odaily reported that the decentralized prediction market network Reppo announced that its Reppo Foundation has received a $20 million strategic investment commitment from Bolts Capital. This funding will support the next phase of development and ecosystem expansion of the Reppo protocol, as well as drive the use of prediction markets to solve training data bottlenecks.

Reppo stated that its core concept is to transform human judgment into verifiable and incentive-constrained data sources through a prediction market mechanism, thereby addressing the challenge of acquiring high-quality data for current AI training. By building decentralized data networks (Datanets), the project supports multimodal data processing including text, images, audio, and video, providing support for model training, evaluation, and fine-tuning. (Chainwire)