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BetBazaar

A prediction market based on the Pari-Mutuel algorithm where participants can create market, place bets on the outcomes of specific events, and the payouts are determined by a pooled betting approach.

BetBazaar

Created At

Superhack 2024

Winner of

Blockscout - Use Blockscout Block Explorer!

Prize Pool

Project Description

A prediction market based on the Pari-Mutuel algorithm where participants can create market, place bets on the outcomes of specific events, and the payouts are determined by a pooled betting approach. The project is live and deployed using vercel. Goldsky provides real-time data, ensuring accurate event outcomes.

How it's Made

The BetBazaar prediction market project is built with a Next.js frontend framework and deployed on Base and Mode blockchain. Goldsky provides real-time data, ensuring accurate event outcomes. Wallet connect is used for making blokchain transcations. Key innovations include optimized gas usage for transactions and frontend caching for improved performance

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