PredictBase
Create, Predict, and Earn
The problem PredictBase solves
We share 1% of all bet volume with market creators, rewarding those who contribute valuable and timely markets. This turns users into collaborators and grows the ecosystem organically.
If a prediction market doesn't exist, users can create their own instantly. This enables rapid coverage of real-world events, niche topics, or community-specific interests.
Every market, bet, and payout is recorded on-chain, enabling full transparency and auditability. Anyone can verify the state and fairness of the system without needing to trust a central authority.
We use parimutuel betting, where odds are dynamically adjusted based on supply and demand — not fixed by a bookie. This ensures fair pricing, no liquidity bottlenecks, and competitive payouts without needing deep reserves.
Because we don't rely on liquidity pools like AMMs, our system scales naturally without the need for upfront liquidity. This means anyone can place a bet at any time, regardless of market depth.
While our current model avoids liquidity bottlenecks, we plan to introduce AMM-style, fixed-odds markets in the future where users can trade in and out of positions, similar to a decentralized exchange. This enables:
- Real-time trading of odds
- Hedging or flipping positions mid-market.
- Early exits and dynamic liquidity provision
Challenges I ran into
This was our first time building on Base. While the technical documentation was helpful, there was a learning curve in understanding the Base ecosystem and best practices for deploying and indexing smart contracts on it.
One of our biggest non-technical challenges was marketing. With limited funding, we couldn’t run large-scale paid campaigns. As developers, we had to step outside our comfort zone to learn how to craft a messaging strategy, reach users, and grow a community around a decentralized product. Educating users, building trust, and driving organic growth remain ongoing priorities we’re working hard to improve.
Due to funding constraints, we faced challenges scaling our team—we couldn’t afford to hire additional developers or designers. As a result, we simply worked harder, slept less, and pushed through the limitations. Despite the grind, we stayed focused on building core features and delivering a solid user experience, continuously iterating and improving the platform.
Cheer Project
Cheering for a project means supporting a project you like with as little as 0.0025 ETH. Right now, you can Cheer using ETH on Arbitrum, Optimism and Base.