How SIRE Is Leveraging AI to Democratize the Edge in Prediction Markets

What if an AI could finally beat the house in sports betting — and you could own a share of the winnings?

That's the mission behind SIRE, a new community-driven experiment to leverage AI in prediction markets. The project was flagged by a number of Coinage community members, and nominated in our Crypto Project of the Year series.

“We are genuinely trying to democratize access to high frequency trading in sports,” Core Contributor Max Sebti told Coinage. “So for us, it would always be a way for people to finally be part of the 3% of people hopefully making money on sports markets”

Sebti describes SIRE not as a single AI agent, but “a multi-agent system that is plugged into prediction markets,” powered by another company he co-founded called Score. That company specializes in computer vision and plans include honing in SIRE's model to use it to make smarter bets on sports lines, trading across prediction markets to adapt in real time.

But what separates SIRE from other algorithmic betting bots isn’t just AI. It's a community. Instead of keeping that edge behind closed doors or inside a hedge fund, SIRE has open-sourced it, with a vault that lets people buy in to share in wins and losses. As Sebti notes, results are certainly not guaranteed.

“We just had this very simple idea of open sourcing sports syndicates,” Sebti said. “We wanted people to be able to come buy units from the vault, track their unit price, and then sell their units when they're happy about the unit price. And then just go in and out in a very simple way.”

That vault — a smart contract–powered betting pool — is just the beginning. SIRE plans to roll out multiple vaults, including a new “Delta Vault” focused on market-making rather than directional betting. But no matter how complex the trading strategy becomes, the structure is designed to remain transparent.

Sebti explained that from the beginning, the SIRE token was “fair launched,” and includes a buyback-and-burn flywheel funded by profits from the trading agents.

“Part of the profits are used to buy back the token and burn the token,” he said. “That’s comparable to what BNB could be or other trader tokens.”

SIRE may be playing in a niche, but it’s already gaining traction. The team’s first vault launched with a $500,000 cap and was filled in six minutes. They doubled the limit and filled that as well during last year's crypto pain.

“Even if we’re a small token and we have a small community, the traction and the support from the community is actually quite impressive,” Sebti said.

SIRE is also actively integrating into prediction markets. It already has one announced partnership, with more expected to be revealed soon. “Any revenue coming from airdrops or partnerships would go back 100% to the token,” Sebti confirmed.

While the ambition is global, the scope is staying focused. For now, SIRE is only targeting sports markets. Despite potential opportunities in political or financial markets, Sebti said it’s better to specialize. “Sticking to sports is probably going to be a good thing for us,” he said. “When you start setting up the features that we were just talking about … it’s very hard to go from sports to politics.”

At a market cap for its token at just $3 million, it might not be the biggest player in prediction markets yet — but if Sebti and the team have their way, it could grow into a worthy challenger.

Coinage Caucus and Network NFT holders, along with $COINAGE holders on Base and BAT holders on Ethereum can vote to advance SIRE in our Crypto Project of the Year series when voting opens (must be holders by the time the snapshot is taken.)