Our project is a Virtual Trading Assistant designed specifically for games and virtual worlds. It addresses the need for automated trading bots within these environments, where manual trading can be time-consuming and lacks efficiency. Our solution leverages the power of Kirobo, Uniswap, and Chainlink to automate trading, analyze token prices, and execute trades based on price imbalances.
Here's how it works:
Users top up their bot balance with USDT (Tether stablecoin). Real-time price data for the ETH/DAI trading pair is retrieved. Our Virtual Trading Assistant calculates the current price ratio (R) between ETH and DAI. It compares R to the expected ratio (RE) to identify any significant deviations. If a deviation is detected, the trading bot automatically executes trades. Assets are swapped to USDT and can be withdrawn by the user. Our business model revolves around two main sources of revenue:
User Returns: Users of the trading bot benefit from the returns generated through successful trades. Developer Commissions: As the developer of the trading bot, we earn commissions on successful trades executed by the bot. The user experience is designed to be seamless and user-friendly. Users connect their Metamask wallet and enter the game environment. The bot interacts with the user, requesting a specific amount of USDT for trading on the Uniswap exchange with the ETH/DAI pair. Once the user agrees and approves the transaction, the trading bot starts its automated trading activities.
The benefits of our Virtual Trading Assistant include:
Automated trading with real-time price analysis, eliminating the need for manual trades. Real-time monitoring of token prices, allowing users to make informed trading decisions. Easy user experience with seamless integration with Metamask, a popular cryptocurrency wallet. In-game automated trading, enabling users to earn returns while enjoying their gaming experience. Our team consists of passionate individuals with expertise in learning, AI, and gaming. Valentin Sotov, our CEO, brings valuable industry insight with a successful track record in launching and selling product companies. Andreas Kobal, our CTO, has extensive experience in web development, digital products, and a strong focus on neural networks and machine learning.
To build our Virtual Trading Assistant, we leveraged several key technologies and platforms:
Kirobo: We integrated Kirobo's blockchain technology to ensure secure and auditable transactions within our trading bot. Kirobo's expertise in transaction security adds an extra layer of trust for our users.
Uniswap: Our trading bot operates on the Uniswap decentralized exchange protocol. Uniswap provides a decentralized and efficient trading environment, allowing our bot to access liquidity and execute trades seamlessly.
Chainlink: Chainlink serves as our decentralized oracle network, providing reliable and accurate real-time price data. We rely on Chainlink's integration to fetch the latest price data for the ETH/DAI trading pair, enabling our trading bot to make informed trading decisions based on current market conditions.
In terms of the technical implementation, we utilized a combination of programming languages, frameworks, and APIs:
Smart Contracts: We developed smart contracts using Solidity, the programming language for Ethereum smart contracts. These contracts facilitate the execution of trades and ensure the security and integrity of the trading process.
Game: For the user interface and front-end development, we utilized game technologies such as Unity. This allowed us to create a user-friendly interface for interacting with the trading bot.
Metamask Integration: We integrated Metamask, a popular Ethereum wallet, to provide seamless integration for our users. Metamask allows users to connect their wallets and authorize transactions with ease, enhancing the overall user experience.
Regarding any notable hacky implementations, we prioritized robustness and security throughout the development process. We followed best practices and adhered to the guidelines set by the platforms we integrated with, ensuring a reliable and trustworthy trading experience for our users.
Overall, our project brings together the power of blockchain technology, decentralized exchanges, and real-time price data to create an automated trading bot within games and virtual worlds. By leveraging these technologies and platforms, we provide users with a seamless, efficient, and secure trading experience while they immerse themselves in their gaming adventures.