PredictX
A crypto-focused prediction market on Sei blockchain. Predict "Yes" or "No" on key questions & access AI-powered forecasts using LSTM on past 60 days' data. Trade smarter with blockchain & AI !
Created on 14th February 2025
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PredictX
A crypto-focused prediction market on Sei blockchain. Predict "Yes" or "No" on key questions & access AI-powered forecasts using LSTM on past 60 days' data. Trade smarter with blockchain & AI !
The problem PredictX solves
Crypto predictions often rely on speculation, emotions, or biased opinions, leading to uncertain decisions and missed opportunities. Our platform changes that by combining AI-driven insights with decentralized prediction markets, offering a smarter way to forecast crypto trends.
How It Helps Users
- Informed Decisions – Our AI model (powered by LSTM) analyzes the past 60 days of data, providing real-time crypto predictions to guide your choices.
- Earn Rewards – Engage in Yes/No prediction markets and profit from your accurate forecasts.
- Blockchain Security – Built on the Sei blockchain, ensuring transparency, trust, and decentralization.
- Reduced Risk – Unlike speculation, our AI-generated insights add data-backed confidence to your predictions.
Whether you're a trader, investor, or crypto enthusiast, our platform empowers you to predict smarter, trade better, and stay ahead of the market!
Challenges I ran into
Building a crypto prediction market with AI-powered insights came with several hurdles. Here are some key challenges and how we overcame them:
1️⃣ Integrating LSTM for Crypto Predictions
- Challenge: Training an LSTM model on volatile crypto data was tricky due to high market fluctuations and the need for accurate predictions.
- Solution: We fine-tuned the LSTM hyperparameters, experimented with different feature sets, and used data preprocessing techniques to improve accuracy.
2️⃣ Ensuring Fast & Secure Transactions on Sei Blockchain
- Challenge: Blockchain transactions need to be fast, cheap, and secure, especially for a high-traffic prediction market.
- Solution: We optimized smart contract logic, minimized gas fees, and leveraged Sei's high-performance capabilities to ensure seamless user experience.
Tracks Applied (2)
AI Advancement: Best-in-class
Prediction Markets - Players make on-chain predictions (e.g., sports results, elections), with AI agents analyzing data trends to offer insights and rewards for accurate forecasts
Discussion
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