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OpenMarket

Creator led prediction marketplace on Mantle which uses different AI models to aid in market creation and settlement

OpenMarket

Created At

ETHGlobal Bangkok

Project Description

OpenMarket is the AI powered ,creator led prediction marketplace where people can bet on future events, with focus on quick games and creator earnings. Built on Mantle blockchain for fast, cheap transactions.

Key Features:

  1. PvP Price Prediction Game
  • Two players bet on ETH price
  • 30-second quick rounds
  • Closest guess wins
  • Fast payouts
  1. Creator Markets
  • Anyone with whitelisted address can create prediction markets
  • Creators earn fees from their markets
  • Share markets with friends
  • Focus on local/community events
  1. AI Integration
  • AI helps create relevant markets
  • AI speeds up result verification
  • Reduces need for human judges or Oracles
  • Faster payouts

How it's Different:

  • Gamified experience of prediction markets
  • Creators make money from their markets
  • Local focus instead of just global events
  • Almost zero manual verification needed (Manual verification is needed only for dispute resolutions)
  • Game-like experience (not just boring bets)

How it's Made

  1. Smart Contracts (Solidity)
  • Main PredictionMarket contract handles bets and payouts
  • Integration with Pyth for real-time ETH price feeds
  • Built-in creator fee system
  • Automated settlement logic
  1. Frontend (React)
  • Privy SDK for easy web3 login/wallet connection
  • Market creation dashboard
  • Leaderboards and user profiles
  • Game lobby for PvP matches
  1. Backend (Node.js)
  • Matchmaking system for PvP games
  • Queue management for players
  • WebSocket connections for real-time updates
  • Temporary price storage for game results
  1. AI Resolution System
  • Processes market outcome data
  • Verifies results from various sources
  • Automated decision making for market settlement
  • Feeds results back to smart contracts
  1. Blockchain (Mantle)
  • Low gas fees for frequent transactions
  • Fast settlement times
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