reply on: 🚀 Introducing Predyx: The Future of Prediction Markets on Lightning Network ⚡️ \ stacker news ~oracle

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110 sats \ 4 replies \ @BlokchainB 2 Jan \ on: 🚀 Introducing Predyx: The Future of Prediction Markets on Lightning Network ⚡️ oracle

As a user of the site for many months I like it. The team has worked hard to add features and thus far has done way more development than its competitor

For a few hundred sats you can have some fun making guesses. On politics, sports, the economy, and more!

But the site is still in beta so be prepared to run in to some bugs. Plus the mobile experience is just okay I wish it was better. The sign-in can be a bit clunky (for some reason the site always adds an underscore to my login name when I auto populate it with a password manager) and when entering values for bets the screen loses focus often frustrating me when entering the actual amount of shares I wish to purchase.

Overall the site has promise but I fear once they get massive volume the US government will shut this down because US men (like myself) are completely cucked by our government and we allow them to take away simple freedoms like wasting our money on betting sites.

113 sats \ 1 reply \ @mega_dreamer OP 3 Jan

Thanks for appreciating our hard work.

With regards to regulations, as you may already know, we're incorporated in Delaware. In the background we've been working on being fully regulated in US. We maybe partnering with a major Wallet (can't say the name yet) for wallet mgmt and LSP as they have secured money transmitter license in US and EU. Possibly, we'll also be offering buy sats with fiat within the app. If we have to fight the battle in court just like Kalshi, we're prepared for it. Since Kalshi was able to get all the approvals from regulators, it will be easy for us.

I think once our PWA app is out for mobile access, the UX will improve drastically.

100 sats \ 0 replies \ @BlokchainB 3 Jan

Fantastic!!

189 sats \ 1 reply \ @Skipper 2 Jan

This should be done with Nostr to be honest. It's the only way to not ever get shut down.

21 sats \ 0 replies \ @mega_dreamer OP 3 Jan

Yes nostr is on our roadmap. First we'll start offering bets via SmartWidgets. Hopefully it makes to the NIP, please support this NIP-22: https://github.com/nostr-protocol/nips/pull/1454#issuecomment-2421668042

Regarding storing the order-book and state in nostr. Its a pain in the ass. Around 2 yrs ago, I did launch decentralized ordinals marketplace on nostr. (I'm not proud of it as ordinals turned out to be Udi's scam) I was storing and PSBT order-book on nostr to make it decentralized. As with real-time Prediction markets like Predyx, the nostr orderbook will just not scale.