Fantasy Beast

1. Pitch Deck Clarify Fantasy Beast
   Live Application
   
   We're building a decentralized platform that empowers users to wager on the future performance of content creators by predicting the exact engagement score they’ll achieve at the end of a betting pool. Unlike binary betting systems—where an incorrect guess might result in a total loss—our platform offers a more nuanced approach where the loss is proportional to how far your prediction deviates from the actual score.

Outcomes are determined based on real-time data fetched from these platforms and verified by an AI agent.

How It Works

1. Create Markets Around Your Favorite Creators
   Launch your own markets by choosing between a binary market or a range-based market and start earning points for your participation.

2. Place Bets and Earn Points
   Engage with active pools by placing bets based on your insights or gut feeling. Earn points for every interaction.

3. Range-Based Pools for Low Risk
   Participate in range-based markets for a safer, low-risk way to earn additional points.

4. Claim Rewards
   Redeem your accumulated points for an exclusive NFT and claim your winnings at the conclusion of each market.
   
   

User Roles & Permissions

• Regular Users: Can deposit funds, place bets, create markets, and withdraw winnings.

• Market Creators: Can set up betting markets by defining event parameters and resolution criteria.

• AI Resolver: An AI agent responsible for fetching, analyzing, and verifying social media data for market resolution.(zkTLS)

• Administrators (Optional): Oversee platform integrity, dispute resolution, and governance. We use this mainly for dashboarding (getting stats)
  
  
  Betting Mechanism

  • Pool Creation: The platform owner establishes a betting pool with a specific end time.

  • Placing Bets: Users select a pool and place bets by specifying the token amount and their predicted engagement score. Bets are accepted only within the designated betting period, and each user can place one bet per pool. Tokens are transferred to the contract upon placing a bet.

  • Setting Results: After the betting period ends, the pool owner records the final engagement score for the associated content creator, concluding the pool and initiating reward calculations.

  • Reward Calculation: Rewards are distributed proportionally based on the accuracy of each user's prediction relative to the actual engagement score.

  • Claiming Rewards: Participants with accurate predictions can claim their rewards after the pool concludes, provided their claimable reward is greater than zero. Tokens are transferred to the user upon successful claim.

  • Fees are paid at the end (from the winnings)
    
    

    Data Fetching & AI Resolver

    • AI Agent Integration: AI agent fetches and processes real-time data from social platforms.

      • Uses API integrations for LinkedIn, GitHub, Farcaster, and Discord.

      • Applies NLP and machine learning models to validate social engagement data.

      • Detects anomalies and potential manipulation.

    • Automated Outcome Resolution: AI agent determines market outcomes based on predefined rules and real-time data.

    • Dispute Mechanism: Users can challenge AI decisions, triggering a decentralized review process.

    Payouts & Settlement

    • Payouts are distributed automatically based on AI agent resolution.

    • Funds are held in smart contracts until resolution.

    • Users can withdraw winnings after the market is settled.

    Gamification & Incentives

    • Leaderboard: Track top bettors and most successful predictions.

    • Achievements & Badges: Users earn NFTs for successful bets, market creation, and referrals.

    Referral Program: Users earn bonuses for inviting others to the platform.