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Objective:
Officially launch Panana Predictions on the Aptos mainnet.
Features:
• Full functionality for predicting real-world events and crypto asset prices, accessible via both WebApp and Telegram Bot.
• Generate traction through X and other channels.
Smart contract audits to ensure security and transparency.
• Implement metrics to evaluate future success of the plattform.
Objective:
Introduce a Panana Liquidity Token (PLT) to enhance market liquidity and unlock user stakes.
Features:
• Users will receive liquidity tokens in exchange for their staked assets, enabling liquidity without locking up funds.
• These liquidity tokens can be traded or used in DeFi protocols, adding more flexibility for users.
• Liquidity incentives and staking rewards to increase engagement and participation.
• Implement an optimistic resolution strategy to resolve markets in a decentralized manner.
Objective:
Expand token support beyond the current assets.
Features:
• Allow users to place bets using stablecoins and meme-coins popular in the Aptos ecosystem.
• Enhanced flexibility in asset choices, broadening the appeal for a wider user base.
Objective:
Launch targeted marketing campaigns and features to grow the Panana user base and scale the marketplace.
Features:
• Social media campaigns, influencer partnerships, and paid advertisements to raise awareness.
• Community-driven growth through referral programs and incentive schemes.
• Ongoing user education and outreach, focusing on global adoption and partnerships with other platforms.
• Multilingual support for global accessibility.
Meet the fantastic bananas behind the Project
With over 9 years of experience in software development and a strong track record in Customer Innovation and New Business at Porsche Digital, Marcel brings a wealth of expertise in software architecture, development, and blockchain technology.
With over 7 years of software engineering experience across various industries, Aaron specializes in infrastructure design for high scalability and availability. He has a proven track record of leading technological growth and winning multiple hackathons.
Marco is specialized in 3D animation and UX design. With over 15 years of experience, he brings expertise to every project. He is the UX artist behind Panana Predictions and ensures that the user experience is intuitive and engaging.
Panana Predictions is a decentralized prediction market where users can bet on the outcomes of crypto asset price movements as well as real-world events such as sports, politics, and more. Users place bets on whether a supported crypto asset's price will go up or down within a specified time frame or on the outcome of a real-world event. If your prediction is correct, you win a proportional share of the opposing bets.
When a market opens, users can place bets on whether the price of a chosen asset (e.g., SOL, ETH, APT, USDC, or BTC) will go up or down by the end of a specified time period, or they can bet on real-world events like sports matches, political outcomes, or other specified scenarios. Once the market starts, no new bets can be placed. The market will automatically resolve after the predefined time period or event occurs. The winning side receives the funds from the losing side, distributed proportionally based on the amount bet.
No, once you place a bet, your assets remain locked in the market until it resolves. Whether you're betting on a crypto asset price or a real-world event, the funds cannot be withdrawn until the outcome is determined, and winners are paid out.
A 2% fee is applied to all winning bets. This fee is automatically deducted from the winnings when the market resolves, whether it's a crypto price prediction or a real-world event.
Yes, you can place bets on both outcomes (e.g., price going up or down or multiple sides of an event) in the same market if you choose. However, you cannot withdraw or alter these bets once placed.
Markets are automatically resolved by our platform once the predetermined time has passed. In rare cases, users also have the option to manually resolve the market once the market period has ended, although this should not typically be necessary.
Yes, anyone can create a market on Panana Predictions. The supported assets for creating markets and placing bets are SOL, ETH, APT, USDC, and BTC. Once a market is created, other users can participate and bet on the outcome.