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StakeWise

a decentralized prediction market platform using Web3 technologies where users can bet and use locked asset as collateral to back their predictions.

StakeWise

Created At

ETHGlobal Brussels

Project Description

This project involves developing a decentralized prediction market platform utilizing Web3 technologies. Users can place bets on various outcomes and use locked assets as collateral to back other predictions. The platform ensures transparency and security through blockchain integration, providing a trustless environment for users to engage in prediction markets. By leveraging smart contracts, the platform automates the betting and collateral management processes, enhancing efficiency and reliability. This innovative approach aims to revolutionize prediction markets by offering a decentralized, secure, and user-friendly platform for betting and collateral management.

How it's Made

This project involves developing a decentralized application (dApp) as a Telegram mini APP using Metamask wallet, (Initially planned with Linea but chainlink and Linea don't have automation for price feed so couldn't and last minute changed to Polygon ) Polygon POS blockchain, and Chainlink Pricefeed automation to provide real-time asset price data securely and efficiently. Finally deploying with Vercel online.

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