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FootyOracle

P2P Prediction Market with Defi and NFTs

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FootyOracle

P2P Prediction Market with Defi and NFTs

The problem FootyOracle solves

FootyOracle is a P2P football prediction market where players can take part in lossless markets, de-risk their positions using NFTs and participate in the liquidity pool.

Lossless Markets allow players to deposit their bets on AAVE / BENQI and the winner will get the interest earned from all the players' deposit in the market.

In other markets, players can take a bet and hold it or convert it into an NFT and sell it on our secondary market to de-risk their position.

Players can also choose to contribute to a Liquidity Pool and receive LP NFTs. The platform will use these funds to take the opposite position to a player and increase engagement. The Market Maker will join a bet only if the odds are in its favour.

Challenges I ran into

Creating Market Makers and Lossless Betting with Benqi was challenging.

Discussion