Aurax

Aurax is a community where you learn about your future, news and trends, contribute to the community's knowledge, share your winnings and loss, create a place for your imagination and dreams. It is about aggregating collective knowledge and insights into accurate forecasts about future events. It is a Fun-Learn-Earn environment. It is a Prediction market and Question/Answer platform. It would use ZKP for the verification of information without revealing the underlying data where participants may want to keep their information sources private.

This project currently implements Aztec ZKP noir-jwt library to validate users answering the questions and basic UI for the platform

The components are: Market Creation: A market is created for a specific question or event with multiple possible outcomes. Trading: Participants buy and sell shares representing different outcomes. The price of each share reflects the market's collective belief in the likelihood of that outcome. Price Discovery: As new information emerges, the market prices adjust to reflect the changing probabilities of different outcomes. Outcome Resolution: When the event occurs, the market is settled, and participants are rewarded or penalized based on their investments.