The Problem It Solves
In the volatile world of cryptocurrency, traders and enthusiasts face several critical challenges:
1. Missed Opportunities
- Fear of Missing Out (FOMO) often leads to rushed, emotional decisions in crypto trading.
- Traditional platforms don't provide structured ways to act on market predictions or capitalize on future movements.
2. High Entry Barriers
- Many crypto prediction markets require large capital investments or complex trading knowledge, limiting accessibility for average users interested in participating in market movements.
3. Limited Social Validation
- Traders often lack reliable ways to validate their market predictions or get community feedback before making investment decisions.
How FOMOWallet Solves These Issues
For Traders & Enthusiasts
- Make calculated bets on future crypto prices using AI-assisted insights.
- Start with small amounts to test predictions without risking large capital.
- Get real-time feedback on prediction accuracy from AI agents.
- Learn from community predictions and market trends.
- Earn rewards for accurate market predictions.
For Community Members
- Track successful predictors and their strategies.
- Participate in prediction markets without deep technical knowledge.
- Receive automated alerts about new betting opportunities.
- Get AI-guided feedback on market trends.
- Build reputation through successful predictions.
For Market Analysts
- Access encrypted, tamper-proof prediction data.
- Analyze community sentiment through betting patterns.
- Track market prediction accuracy over time.
- Utilize AI insights for market analysis.
- Share predictions with built-in social features.
Additional Features
New Development During Hackathon
This project was conceived and developed entirely during the hackathon period. We built everything from scratch, including:
Core Infrastructure
- Complete smart contract architecture on Polygon
- Fully homomorphic encryption implementation using Inco testnet
- Subgraph deployment for data indexing
- AI agent integration for user feedback
Innovative Features
- Real-time guess proximity feedback system
- Social integration with Twitter alerts
- Email notification system
- AI-powered hint generation
User Experience
- Interactive betting interface
- Real-time feedback mechanisms
- Social tagging system
- Community engagement features
We took the project from concept to working prototype during the hackathon timeframe, demonstrating the potential for combining blockchain technology, FHE, and AI in a novel gaming application.
Note: The entire project was conceptualized and executed within the hackathon duration, showcasing rapid development and integration of multiple complex technologies.