DUBAI, United Arab Emirates, June 19, 2025 (GLOBE NEWSWIRE) -- Martini Market, a decentralized prediction market protocol built on the XRP Ledger (XRPL), has officially launched the presale of its native token, $MRT. The initiative introduces a new application category on XRPL, aiming to facilitate outcome-based markets using the network’s efficient and scalable architecture.
The presale began at 3 PM UTC on June 19, offering 4 million $MRT tokens—equivalent to 40% of the total 10 million supply. The presale rate is 1 XRP for 16 $MRT, with a listing rate later set at 1 XRP for 11 $MRT. According to the Martini Market team, the presale will remain open for 30 days, and the token is expected to be listed on Magnetic X DEX and selected centralized exchanges post-sale.
Martini Market is positioning itself to explore decentralized prediction markets within the XRPL ecosystem, leveraging its low transaction costs and fast finality. The platform is being developed at a time when XRPL is undergoing notable infrastructure expansions, including the rollout of native USDC integration, growing stablecoin initiatives such as RLUSD, and an EVM-compatible sidechain to support smart contracts.
The $MRT token will act as a utility asset within the Martini Market platform. As outlined by the team, token functionality includes governance participation, market creation capabilities, and access to potential staking mechanisms. These features are intended to support the protocol’s long-term governance and community involvement once the platform is fully operational.
While prediction markets have existed on other blockchains, Martini Market represents one of the first attempts to bring this functionality to XRPL in a decentralized format. The team states that the platform aims to support a wide range of user-created markets tied to real-world events, subject to regulatory considerations.
For more information on the presale structure, tokenomics, and future development plans, visit the official Martini Market website or follow project updates through social media and community channels.
Official Channels
Website: https://martini.market
X: @MartiniXRPL
Telegram: t.me/martinimarket
Discord: discord.gg/WKCPpGGB
Contact:
Picard Beaumont
contact@martini.market
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