The problem BasedBets solves

The Problem Bet-A-Meme Solves

1. Monetizing Viral Culture:
   Turns memes into a financial opportunity by letting users bet on viral trends and earn rewards.

2. Transparent Betting:
   Uses blockchain to ensure bets and rewards are fair, secure, and verifiable by anyone.

3. Community Engagement:
   Encourages collaboration and competition, making meme creation and sharing more interactive and rewarding.

4. Simplified Participation:
   Connects social media trends with blockchain, making it easy for users to engage and benefit from viral memes.

5. Automated Rewards:
   Eliminates manual errors with automated, fair reward distribution through blockchain technology.

How People Can Use It

• Creators: Showcase memes, gain followers, and earn rewards for virality.
• Trend Watchers: Bet on meme templates to profit from viral predictions.
• Marketers & Influencers: Drive campaigns and amplify reach with memes.
• Blockchain Fans: Enjoy a fun, transparent use of decentralized technology.

Bet-A-Meme makes viral culture accessible, engaging, and financially rewarding while ensuring fairness through blockchain.

Challenges we ran into

Challenges We Ran Into

1. Real-Time Data Sync:
   Combining blockchain events with Firebase for instant updates was tricky.
   Solution: Added middleware for smooth synchronization.

2. Social Media Integration:
   Tracking meme virality via Instagram faced API limits.
   Solution: Optimized calls and implemented caching.

3. Responsive UI:
   Balancing complex data with a clean design was challenging.
   Solution: Used Tailwind CSS and modular components for simplicity.

4. Reward Distribution:
   Ensuring fair and transparent payouts without duplication.
   Solution: Automated checks to validate claims effectively.

These challenges pushed us to optimize and streamline every part of the system.