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Seed Offering · March 2026 · Neocybe Inc.

Africa has opinions.
Neo Polymarket
monetises them.

The first institutional-grade prediction market platform purpose-built for the African continent. A live pilot, a continent-scale opportunity, and a seed-stage entry price.

$1.5M–$3M
Seed Raise Target
$27Bn+
TAM by 2030
12–18×
Bull Case MOIC
01
The Opportunity

A proven category.
An untapped continent.

Prediction markets have crossed from academic concept to proven financial infrastructure. Polymarket alone processed $8Bn+ in 2024, with accuracy consistently outperforming traditional polling. Kalshi crossed $1Bn in event contracts. The sector attracted over $500M in venture capital in a single year.

Africa — the world's fastest-growing gambling market, with 835M mobile money accounts and 500M+ youth aged 15–35 — has no equivalent platform. The infrastructure, the culture, and the demand are aligned. The platform does not yet exist.

"The core proposition is simple: Africa has opinions. Neo Polymarket monetises them."
  • Polymarket proof of concept: $10Bn+ lifetime volume. Same mechanics. Africa is 60× larger by population with structurally superior unit economics.
  • Regulatory window: No institutionally-backed prediction market operates at scale in Africa today. First-mover licensing creates an 18-month compliance moat for late entrants.
  • Mobile money as substrate: 835M mobile money accounts; $912Bn in annual transactions. The payment rail for prediction markets is already built.
  • 2027 Nigerian election: The most liquid single-market event in Africa's political calendar — a high-velocity trading catalyst approaching at speed.
  • Information asymmetry premium: African users hold localised knowledge that global platforms cannot price efficiently — creating genuine trading edge that drives retention.
$4.2Bn

Africa gambling market (2024), projected to reach $8.7Bn by 2030 at 13.5% CAGR. Nigeria, Kenya, Ghana, and Uganda lead growth at 15–18% annually.

835M+

Mobile money accounts across the continent. $912Bn in annual transactions. Africa's payment infrastructure is already built — no bank account required for Neo Polymarket users.

22% CAGR

Global prediction market growth rate (2024–2030). Total addressable market exceeds $27Bn by 2030 — excludes sports betting adjacency. Africa is uncaptured.

#1

Sub-Saharan Africa ranks first globally in the Chainalysis Crypto Adoption Index. $125Bn+ in crypto transactions in 2023 — the same digitally-native infrastructure that enables prediction markets.

500M+

Africans aged 15–35. 65% of the continent's population is under 35 — a mobile-first, digitally native generation primed for information-trading platforms.

$500M+

Venture capital invested globally in prediction market platforms in 2024. The category has crossed from experiment to established asset class — Africa's version does not yet have a funded contender.

02
Product Overview

Built, tested, and live
in the African market.

Neo Polymarket enables users to trade financial positions on the probabilistic outcomes of real-world events. The mechanics are identical to Polymarket — but the market categories, payment rails, language, and UX are optimised for an audience that global platforms structurally cannot serve.

The platform is natively integrated with MTN Mobile Money, Airtel Money, Flutterwave (Visa/Mastercard), and local bank transfer. No cryptocurrency requirement. No bank account prerequisite.

Market proposers post a refundable UGX 25,000 bond — incentivising quality market creation while generating float income on the capital pool.

Neo Polymarket — Live Pilot

Technical readiness confirmed.
Product thesis validated.

The platform is operational with live trading markets, verified payment integrations, and measurable pool depth.

12Active Markets
UGX 280M+Pool Value
3,840Traders, top market
Politics
Bobi Wine 2026 candidacy · Museveni 7th term · election postponement
3,840 traders on a single market · Highest engagement vertical
Sports
Uganda Cranes AFCON 2026 · KCCA FC Premier League title
UGX 87.4M pool on AFCON market · Africa's most liquid vertical
Economy
UGX/USD rate · Oil export commencement · MTN subscriber growth
Attracts sophisticated traders · Bridges information-trading and hedging
Entertainment
PAM Awards Artist of the Year · Big Brother Africa outcomes
Highest organic virality · Casual user acquisition driver
03
Traction & Projections

Five-year trajectory,
conservative assumptions.

All projections are modelled on the target raise of USD 2.5M with a 1.5% blended trading fee on winning payouts, 40% 30-day user retention, and an average trade size of UGX 12,000 per transaction.

Annual GMV (USD) — 2026–2030
$0.4M
2026 H2
$4.8M
2027
$18.6M
2028
$44M
2029
$88M
2030
Metric2026 (H2)2027202820292030
Registered Users15,000180,000620,0001.4M2.8M
Monthly Active Traders4,50063,000217,000490,000980,000
GMV (Annual)$0.4M$4.8M$18.6M$44.0M$88.0M
Platform Fee Revenue$90K$1.08M$4.2M$9.9M$19.8M
Data Licensing Revenue$50K$300K$900K$2.5M
Total Revenue$90K$1.13M$4.5M$10.8M$22.3M
EBITDA($1.0M)($1.7M)($0.7M)$3.7M$12.9M
04
Business Model

Five revenue streams.
Self-reinforcing at scale.

Trading Fee
A 1.5–2.5% platform fee deducted from winning payouts. The primary revenue engine — self-scaling with liquidity growth. Mirrors the Polymarket model that generated $80M+ in fee revenue in 2024 alone.
Primary · Scales directly with GMV
Data & Analytics Licensing
Aggregated, anonymised market probability data sold to political research firms, media houses, financial institutions, and NGOs as a real-time African intelligence product with no global equivalent.
High-margin · Grows in value with user base
Promoted Markets
Corporate and media clients pay placement fees to feature their events as prediction markets — a native advertising format directly aligned with user engagement.
B2B · Zero marginal cost per market
Creator Bond System & B2B White-Label
Market proposers post a refundable UGX 25,000 bond generating float income. The platform infrastructure is licensable to African media groups and financial institutions.
Hybrid · Float income + licensing fees
07
Financials & Investment Case

Three scenarios.
One structural outcome.

Bull Case
12–18×
MOIC · IRR: ~60–80%
Platform achieves 1.5M+ users by 2029. Nigeria becomes a top-3 global prediction market. Strategic acquisition by Polymarket, Kalshi, or Robinhood at $150M–$250M+ valuation.
Base Case
4–6×
MOIC · IRR: ~35–45%
Platform achieves 400K users with $3M+ GMV by 2028. Series A closes at $30M+ pre-money. Uganda operations reach EBITDA breakeven.
Bear Case
1.5–2.5×
MOIC · IRR: ~15–22%
Regulatory delays in Kenya push expansion by 12 months. Growth limited to Uganda. Series A delayed to 2028. Exit via trade sale to an African media group.
10
Investment Section

Seed Round — Now Open.

Term Sheet Summary
Raise Target
USD 1.5M – 3.0M
Minimum Ticket Size
USD 50,000
Instrument
SAFE / Priced Equity
Target to First Close
60 Days
Tranche Structure
60% at Close
40% on Milestones
Series A Target
$8M – $15M
Issuer
Neocybe Inc.
Data Room
Available on Request
Why Invest Now

The first close is 60 days away.
The window is narrow.

Neo Polymarket is raising at seed-stage valuation with a live product, measurable pilot traction, and a Series A pathway at $30M+ pre-money.

invest@neocybe.com  ·  www.neocybe.com
Issued by Neocybe Inc.  ·  March 2026