BetSet : Crypto Prediction Platform

BetSet : Crypto Prediction Platform

Bet on the Rise, Hedge the Fall.

Created on 31st January 2025

BetSet : Crypto Prediction Platform

BetSet : Crypto Prediction Platform

Bet on the Rise, Hedge the Fall.

The problem BetSet : Crypto Prediction Platform solves

In today’s fast-paced world, people love predicting market movements, especially in the ever-volatile crypto space. However, traditional betting platforms often lack transparency and fairness, leaving users uncertain about the integrity of their wagers. BetSet solves this by leveraging blockchain technology to provide a transparent, secure, and decentralized platform where users can confidently bet on the rise or fall of cryptocurrencies. Whether you’re predicting Bitcoin’s next surge, Ethereum’s dip, or the future of altcoins, BetSet offers a trustless system where every bet is handled fairly, securely, and with complete transparency.

Challenges I ran into

One of the major hurdles we encountered during development was ensuring full transparency and security in the betting process. We wanted to eliminate the need for third parties and ensure the platform was fully decentralized. Implementing smart contracts helped us overcome this challenge by allowing us to automate the entire betting and payout process. This eliminated the risk of human error or bias and ensured that users could trust the platform.Additionally, with Supra launching its mainnet, one of the biggest hurdles was adapting our contracts to be compatible with Supra's infrastructure. Writing Supra-native smart contracts required extensive testing and optimization to ensure seamless execution. Another critical aspect was integrating Supra’s oracle services to fetch real-time crypto price data securely and efficiently. Accurate and decentralized price feeds were essential to maintain fairness in the betting process, preventing manipulation and ensuring a trustless experience.We also faced some technical challenges integrating decentralized wallet connections, but after multiple iterations, we achieved a seamless, secure way for users to connect their wallets.

Tracks Applied (2)

Supra MoveVM Bounty

Our project aligns with the Supra MoveVM Bounty Track by being built on Supra’s L1 network and utilizing Supra Oracles f...Read More

Atmos Super-DEX Track

Our project integrates with Atmos Super-DEX by leveraging its liquidity engine and trading capabilities. Since betting o...Read More

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