Description
Project Description
Prediqs is a decentralized prediction market platform powered by AI-driven insights and blockchain technology. We aim to revolutionize forecasting by creating a secure, scalable, and transparent platform where users can predict global events and engage in community-driven markets.
Our vision is to integrate AI models and blockchain protocols to provide real-time, data-driven predictions, offering a trustless environment that democratizes access to prediction markets globally.
Problem / Solution
Problem: Prediction markets lack transparency, accessibility, and scalability. Centralized platforms often suffer from manipulation, high fees, and limited user trust.
Solution: Prediqs provides a decentralized, AI-powered prediction market with transparent and trustless outcomes. By integrating cross-chain capabilities and focusing on usability, Prediqs simplifies market participation, ensuring accessibility and engagement for users worldwide.
Detailed Product Description
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Core Components:
- AI Integration: Real-time predictive models improve accuracy for forecasts.
- Smart Contracts: Enable secure, automated, and tamper-proof market operations.
- Decentralized Governance: Users shape platform evolution via community voting.
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Interoperability: Prediqs integrates with multiple Layer-1 and Layer-2 blockchains to ensure broader market access and scalability.
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Use Case: Predict outcomes in diverse categories such as sports, finance, and politics, with users staking tokens and earning rewards.
Go-to-Market Plan
- Launch a Testnet to onboard beta users and gather feedback.
- Utilize AI-driven insights and marketing campaigns for user acquisition.
- Deploy on mainnet, focusing on cross-chain liquidity and accessibility.
- Scale through partnerships with blockchain ecosystems and DeFi platforms.
Value Capture for Ecosystem
- Increase transaction volumes and on-chain activity through prediction markets.
- Enhance the utility of tokens within the ecosystem, driving adoption and liquidity.
- Attract new users by creating a transparent and engaging platform powered by AI and DeFi.
Team Members
- Berkehan Yusuf Ceylan (Founder): Blockchain developer with expertise in smart contracts.
- Batuhan Hınçal (CTO): Full-stack developer specializing in scalable blockchain solutions.
- Celal Gündoğdu (Growth Hacker): Digital marketing expert with a focus on community building.
- Atlas Deniz Akbulut (COO): Skilled in operations and project management.
- Doruk Tan Karakaş (AI Developer): Focuses on AI model development and integration.
- Eylem Sena Özcan (Art Director): Designs user-friendly, intuitive interfaces.
Team Code Repos
Will be hosted on GitHub: prediqs
Development Roadmap
- Months 0-3: Testnet deployment and initial AI integration.
- Months 4-6: Mainnet launch and smart contract audits.
- Months 7-12: Expand markets, scale user base, and integrate DAO governance.
KPIs:
- Reach 5,000 users by the end of Year 1.
- Facilitate 100,000 transactions on-chain.
- Generate $10,000 in transaction fees within the first year.
Additional Information
This grant supports:
- Interoperability
- Decentralized Governance
- DeFi Tools for Prediction Markets
Prediqs - Prediction Market for Everyone.pdf
Development Roadmap & Funding Allocation
Total Requested Amount: $75,000
Milestone 1: Testnet Launch
- Duration: Months 0-3
- Funding Needed: $30,000
- Deliverables:
- Finalize smart contract development for prediction markets and staking.
- Deploy the platform on Testnet to gather initial feedback.
- Integrate AI prediction models for accuracy testing.
Milestone 2: Mainnet Deployment
- Duration: Months 4-6
- Funding Needed: $25,000
- Deliverables:
- Launch mainnet with refined features based on Testnet feedback.
- Complete a third-party audit of the platform’s security.
- Introduce initial liquidity incentives for early adopters.
Milestone 3: Scaling and User Acquisition
- Duration: Months 7-12
- Funding Needed: $20,000
- Deliverables:
- Achieve 5,000 active users on the platform.
- Scale operations to handle high transaction volumes and expand prediction categories.
- Generate at least $10,000 in fees through market participation.
Rationale for Funding Distribution
- First Milestone prioritizes the foundation, ensuring the Testnet launch is fully functional and receives necessary user feedback.
- Second Milestone focuses on security and launching on mainnet, ensuring a stable user experience.
- Third Milestone allocates resources to marketing and scaling efforts, cementing Prediqs’ position as a leading decentralized prediction market.
This strategic distribution ensures that Prediqs meets its development goals efficiently while maximizing the value delivered to the blockchain ecosystem.