The problem PrimeBet solves

The Problem It Solves

PrimeBet addresses the challenges of creating and managing secure, transparent prediction markets and betting platforms. Traditional platforms often struggle with issues such as trust, security, and complex user experiences.

Use Cases and Benefits

For Enterprises: Easily create and manage betting campaigns using a no-code tool, with verified on-chain credentials ensuring trust and authenticity.

For Users: Seamlessly place bets with secure fund management, thanks to Coinbase's Smart Wallet and on-chain kit. No need to worry about key management, as passkeys handle security.

Community Engagement: Effortlessly share campaigns on Farcaster & Telegram, reaching a large and active audience, boosting visibility and participation.

Easy Access and Wide Distribution: Leverage the Telegram Mini App & Farcaster Frames to provide easy access and broad user distribution, making it convenient for users to participate directly through Telegram & Warpcast.

PrimeBet simplifies and secures the process, making prediction markets more accessible and reliable.

Challenges we ran into

Integration Challenges

On Chain Kit Integration

Integrating On Chain Kit posed initial challenges due to compatibility issues with existing modules and the need for customized configurations. We encountered issues with transaction routing and data handling discrepancies between the kit and our platform's architecture.

Solution: We tried different alternative solutions for the contract integration and had to settle with the previous version which was compatible with the modules required for the on chain kit.

Simulating Batch Transactions for Fund Distribution

Simulating batch transactions for fund distribution involved complex transaction orchestration and scalability challenges. Ensuring efficient gas usage, transaction prioritization, and error handling under varying network conditions were significant hurdles.

Solution: We created a paymaster for the distributing the funds to the users when the campaign is closed, so that smart contract wallet can directly distribute the funds rather than having to the depend on the external EOA.

Integrating Coinbase Smart Wallet with Telegram Mini App

Integrating the Coinbase Smart Wallet with the Telegram Mini App was a significant hurdle. The primary challenge was ensuring seamless communication and compatibility between the wallet and the Mini App, which required extensive debugging and custom development.