Based is a crypto-native opinion markets platform that lets users trade on whether social content will be judged Based or Cringe by collective sentiment. Based's Twitter Score is 21 out of 1000 as of September 2026, ranking #45,822 (top 10%) among 486,573 tracked accounts.
Based was founded by Jimi Lehtonen, Juuso Roinevirta, and Heikki Vänttinen as a continuous opinion measurement system, setting it apart from conventional prediction markets that require resolvable outcomes. Rather than forecasting discrete events, the platform turns every post in its gamified social feed into a live market where users trade on expected collective sentiment. The project raised a $420,000 pre-seed round led by dlab, with Manifold Ventures and angel investors also participating, as reported in January 2025.
Based's architecture spans several components: the consumer-facing app, the on-chain Based Protocol, Based Pro, an Index Manager, the Hermeneutic Quantization module, and the Hermes data-consumer platform. The Hermeneutic Quantization approach is notable for combining machine-based content classification with economically backed human trading signals, positioning the platform within the emerging InfoFi category. The beta phase has concluded, and the project is currently accepting waitlist signups ahead of its mainnet rollout.
Based has published 1,107 posts on the platform and has been mentioned by 33 accounts a total of 37 times.
Who follows Based on X?
The accounts that follow Based include 50 founders, 8 angel investors, 69 influencers and 2 VCs, among them John Wang, Mario Nawfal, MoonPay, LilMoonLambo, Ultra and Adam Hollander.