FlowPredicts

How It Works

1. Create Market: Define event details, add betting duration and resolution time and done.
2. Deposit USDf: User needs to deposit USDf on the platform
3. Participate: Bet USDf(PYUSD) on predicted outcomes.
4. Resolution: Market is resolved based on event results captured by the AI Agents or manually by the creators.
5. Payouts: Winners receive proportional rewards from the betting pool.
6. PlatformFEE: Platform charges a 2% FEE on all the predictions.

Key Features

1. Prediction Market Creation

• Users can create markets by defining event details, possible outcomes, and a deadline.
• Customizable market options with support for image URIs for visual representation.

2. Participation in Markets

• Bet on the outcome of various events using USDf(PYUSD).
• Real-time updates on market conditions and betting pools.

3. Decentralized Resolution

• Market outcomes are determined through decentralized mechanisms to ensure transparency.
• Integration with oracles for accurate and reliable event resolution.

4. USDf(PYUSD) Transactions

• Conduct all transactions with the stability of USDf(PYUSD), providing users with a familiar and secure experience.

5. Telegram Integration

• Fully functional mini application available directly on Telegram.
• Intuitive interface designed for seamless interaction.

6. Analytics Dashboard

• View market statistics, betting trends, and historical data.
• Advanced insights for power users and market creators.

7. Smart Contract Security

• All contracts are thoroughly audited for maximum security.
• Transparent smart contract interactions available for review.

8. Community Governance

• Propose and vote on platform changes through decentralized governance.
• Empower users to shape the future of FlowPredicts.

Required Token

To participate in the FlowPredicts platform, users need the specific token deployed at the following address on the Flow EVM Testnet:

0xd7d43ab7b365f0d0789aE83F4385fA710FfdC98F

This token is required to place bets or create predictions.

Pros of FlowPredicts

1. Accessibility

• Operates within Telegram, making it easy to use without requiring external applications.

2. Decentralized and Transparent

• Built on blockchain technology to ensure fairness and resistance to censorship.

3. Stable Transactions

• USDf(PYUSD) integration provides stability in volatile markets.

4. Low Fees

• Leverages blockchain efficiency to minimize transaction costs.

5. Global Reach

• Available to anyone with internet access and a Telegram account.

6. User Engagement

• Interactive features such as leaderboards, rewards, and referral programs.

Potential Roadmap

Short-Term Goals

1. Deploy on the Flow EVM Mainnet for broader adoption.
2. Enhance UI/UX for an improved Telegram experience.
3. Integrate multiple stablecoins for diversified payment options.

Long-Term Goals

1. Launch a dedicated mobile application for Android and iOS.
2. Introduce advanced market types, such as scalar markets.
3. Establish a community-driven reward program.
4. Integrate AI for predictive analytics and market recommendations.
5. Partner with news and data providers for real-time event tracking.

Future Enhancements

Currently, the user who creates a prediction is responsible for resolving it. In the future, we plan to introduce AI Agents that will:

1. Fetch trending topics and live data from platforms like Twitter.
2. Create predictions based on real-time results and popular discussions.
3. Automate the resolution process using decentralized data sources and AI insights.

This will significantly enhance user experience and reduce dependency on manual resolution.