Please describe your proposed solution.
Build a decentralized prediction market platform on Cardano, allowing users to speculate on future events using ADA. Examples would include events such as elections or sports outcomes.
Website will be www.cardanopredict.io to show the Proof of concept.
open source code will be published to https://github.com/badbios420
popular events could be added by community
market values of odds would provide predictive wisdom from the shareholders.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
This type of service does not currently exist in the ecosystem and would benefit everyone becuase this would provide more use cases for the blockchain. This would incresase interest in utilizing Cardano for gaming projects. The added benefits from this proposal will leverage the wisdom of the Cardano community to be able to see different odds or perceived likelyhood of events.
How do you intend to measure the success of your project?
Success will mean delivering a working product to the community, where they can speculate on future events utilizing ADA as collateral.
Releasing the open source code to the community.
Working Proof of Concept for other startups here www.cardanopredict.io.
Please describe your plans to share the outputs and results of your project?
all progress will be available to see at www.cardanopredict.io.
domain already purchased.
Results will be brodcasted widely on social media and results will be published into a commeoritive cNFT.
Open source code will be published to Github.