ROBET – Decentralized AI-Powered Prediction Markets Platform

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Introduction

ROBET is a decentralized, AI-powered Prediction Markets platform designed to empower users to create and participate in bets on any event. Unlike traditional platforms like Polymarket, ROBET removes the restrictions of whitelisting and human resolvers, enabling real-time, scalable, and transparent betting.

Video: YouTube

Links:

• Telegram Bot
• Telegram Channel
• Website

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How we do it?

sequenceDiagram
    participant U as User
    participant R as Robet (AI on Telegram)
    participant XC as CosmWasm Contract (on Xion)
    participant AI as ChatGPT & Gemini
    participant FG as Feegrant Module

    U->>R: Message on Telegram with broadcast link + question (e.g., "Will there be a goal?")
    R->>R: Analyze feasibility of creating a bet
    alt Feasible?
        R->>XC: Deploy new bet contract on Xion
        R->>U: Reply with Xion bet link
    else Not Feasible
        R->>U: Decline or provide reason
    end
    U->>FG: Place bets using gasless transaction
    FG->>XC: Forward bet placement to CosmWasm contract
    note over U,XC: Users place their wagers until the bet closes

    par Event Ends
        R->>R: Retrieve relevant video/audio feed
        R->>AI: Analyze outcome (e.g., "Was a goal scored?")
        AI->>R: Provide resolution result
        R->>XC: Resolve bet contract on Xion
        XC->>U: Distribute payouts to winners via feegrant
    end

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Features

1. Seamless Bet Creation

• Users create bets by sharing a broadcast link (e.g., sports matches, political speeches) with a question like:
  “Will a goal be scored in the next minute?”
• ROBET analyzes the feasibility and deploys a smart contract bet on the Xion blockchain, providing users with a Xion Bet link for participation.

2. Gasless Transactions via Feegrant Module

• ROBET integrates the feegrant module on Xion, allowing users to participate in bets without paying gas fees directly.
• This ensures seamless transactions and lowers entry barriers for users.

3. AI-Powered Resolution

• ROBET retrieves video or audio feeds post-event and uses AI models like ChatGPT and Gemini APIs to determine outcomes.
• Winners receive their rewards instantly via blockchain, ensuring transparency and speed.

4. Incentivized Bet Creators

• ROBET rewards bet creators, introducing a creator economy for interactive, engaging bets.
• Content creators can add live bets during streams to enhance audience engagement.

5. Decentralized and Scalable

• CosmWasm contracts ensure trustless execution and payout.
• AI handles a large volume of custom, short-term bets without delays.

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How It Works

Step 1: Creating a Bet

1. Send a tweet with a broadcast link (e.g., a YouTube stream or sports match) and your question.
2. ROBET evaluates the question’s feasibility in real time.
3. If valid, ROBET creates a CosmWasm contract on Xion and replies with a Xion Bet link for user participation.

Step 2: Joining a Bet

1. Participants click on the Xion Bet link and join the bet using gasless transactions via the feegrant module.
2. Funds are held in the smart contract until the event resolves.

Step 3: Resolving the Bet

1. Once the event ends, ROBET retrieves relevant feeds.
2. AI (using ChatGPT and Gemini APIs) determines the result.
3. Winners are automatically awarded their share of the pot directly to their wallets via the feegrant module.

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Technical Architecture

Blockchain Integration

• Platform: Xion (CosmWasm Contracts)
• Features:
  • Smart contract deployment for bet execution.
  • Gasless transactions using the feegrant module.
  • Transparent, fast, and low-cost on-chain transactions.
• Tools Used:
  • CosmWasm SDK for smart contract development.
  • Feegrant Module for gasless transaction support.

AI Integration

• APIs Used:
  • OpenAI’s ChatGPT API for natural language understanding and event outcome analysis.
  • Gemini APIs for advanced media processing (video/audio feed analysis).
• Key Roles:
  • Feasibility analysis for bet creation.
  • Outcome resolution with high accuracy and scalability.

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Key Benefits

1. Real-Time Bets: Create and resolve bets instantly—no human delays.
2. Broad Event Coverage: From sports and politics to niche topics, ROBET supports it all.
3. Gasless Transactions: Feegrant module integration removes barriers for users.
4. Fast Payouts: Blockchain-powered payouts ensure instant rewards.
5. Incentives for Creators: Reward bet creators, fostering a creator-driven economy.
6. Trustless and Transparent: Decentralized execution ensures fairness and security.

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Usage

1. Send your bet creation query on Twitter, including a valid broadcast link.
2. Wait for ROBET’s response with a Xion Bet link on Telegram.
3. Join the bet using gasless transactions via the feegrant module.
4. Receive payouts if you win! 🎉

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Contributing

We welcome contributions! 🚀

1. Fork the repository.
2. Create a new branch for your feature.
3. Submit a pull request with a detailed explanation of your changes.

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License

This project is licensed under the MIT License. See the LICENSE file for details.

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Contact

Have questions or ideas? Reach out to us!

• Telegram: @robet_ai

Let’s build the future of prediction markets together! 🌟