7 ideas on predictt.org with web3
Predictt is a platform to perform betting on outcome of any future political event. Though the web3 could be a replica of Predictt but would like to include sports, media or any future possible event which had a good traction.
1. Web3 token for processing any transaction in the ecosystem.
2. Charge fix fees for any successful transaction. Just like brokerage.
3. Burn the fix fees charge to increase the token value and decrease its supply.
4. The company can participate in market to sell and buy (only the sold ones) from market.
5. Anyone can sell any no. of smart contracts corresponding to the future event as long as it has the tokens to make out the transaction.
The bought smart contract can be sold to accumulate the tokens.