Prophet
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Decentralized prediction market: bets on short-term changes of asset prices

Community: @prophet_ton_community
X/Twitter: x.com/prophet_ton
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Welcome to the official channel of Prophet Protocol โ€” the first decentralized prediction market on TON๐Ÿ”ฎ

The project is currently under development and submitted to the Open League Hackathon

Some details about Prophet:

โ€” Place bets against each other on short-term changes of asset prices directly in Telegram using Mini App

โ€” After a five-minute round the winners share the losers' cash pool

โ€” The protocol logic runs fully on-chain thanks to smart contracts and price oracles

The last day to submit work for the hackathon is June 15, and the winners will be announced on July 15. So we are planning to launch Prophet on the mainnet this summer!

Stay tuned, join our channel & chat and spread the word about Prophet!
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๐ŸŽ‰ Prophet โ€” The Open League Hackaton semi-finalist

Prophet has been chosen as one of 100 best projects among the total of 961 entries for the competition!

Thank you for the support, this is only the beginning โค๏ธ

cooking something for tomorrow, stay tuned๐Ÿ”ฎ
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๐ŸŽ‰ Public Alpha build of Prophet is live!

We are happy to release early alpha build of Prophet โ€” an app where your can earn TON by predicting the short-term price changes of trading assets

Prophet is currently participating in The Open League Hackaton โ€” this build is made for our contest submission

๐Ÿ”ฎ Try Prophet now

๐Ÿ›  We are building โ€” you are welcome to report possible bugs and share your ideas in the Prophet community topic

๐Ÿ‘€ Learn more about Prophet in Docs

โš ๏ธ This version is an MVP for the hackathon, so it may contain bugs and errors. Use the app at your own risk

Community | App | Docs | ๐•
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it just works :)
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#update

added
a bet result notification ๐Ÿ’ฌ
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๐Ÿ”ฎUp or down: how to play Prophet

With Prophet you can earn by predicting where the price will go in the following 5 minutes. Letโ€™s say, you checked TON price chart and noticed a dip that you expect to be rebought soon.

๐Ÿค” Sure, you can open a long position with x100 leverage for 5 minutes, But here is a more convenient and safe way to bet:

1. Open Prophet and select an asset. In our case it will be TON/USD ๐Ÿ’Ž

2. Select the amount of TON for your bet in the Next round section. You can do it by pressing + buttons or just by typing it in. This section also shows the time left before the price locking and total amount of TON in the round's pool.

3. Place your bet by pressing ๐ŸŸขUp or ๐Ÿ”ดDown buttons โ€” the minimum amount is 0.1 TON. Here you can see the odds that will be used to calculate your possible win. Notice, that the odds can change during the entry phase if someone else bets after you did.

4. When the entry period is over, the round goes Live. The Live round section allows you to track your bet status. It contains info about the price locked, live change since lock and your bet amount. Asset price locks for 5 minutes before the final calculation.

5. Recieve your win โ€” prizes are paid automatically right after the round finish. Previous section shows the result, final odds and prize pool of the past round. Also, you can track your bet history and stats in the Profile tab.

๐Ÿ”ฎ Try Prophet now and bet safe!

Community | App | Docs | ๐•
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Prophet is a finalist of The Open League Hackathon

๐ŸŽ‰ Our project is in the top 24 among all participants, and in the top 8 in the DeFi track

๐Ÿ’ธ By now, we are nominated for a $10,000 prize and the same amount in Telegram ads credits, that will be used to promote Prophet

๐Ÿ—“ The final stage remains: live judging session, which will take place tomorrow, July 19. The final results of the hackathon will be announced on July 21.

๐Ÿ›  After that, we will continue building Prophet: extended functional, UI updates in accordance to your feedback and new amazing features

๐Ÿ”ฎ Stay tuned, it's just the beginning!

Community | App | Docs | ๐•
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๐ŸŒš
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๐Ÿ The Open League Hackathon is over!

We were very excited to participate, it was an amazing experience for our team.

During the hackathon we have:

โ€” Built an MVP that was tested by almost 100 unique players that placed over 250 bets
โ€” Made it to the list of 24 best out of almost a thousand submissions and to the Top 8 in the DeFi track
โ€” Nominated for a $10,000 prize and the same amount in Telegram Ads credits to be used for Prophet development

โค๏ธโ€๐Ÿ”ฅ Special thanks to our community for supporting us and believing in us!

Unfortunately, we didn't get into the Top 3, but that's no reason to despair, we got a good boost anyway. We'll continue developing Prophet and will announce our future plans soon! 

Here is a video from the organizers announcing the winners and a folder with the channels of all the finalists. We wish them a lot of success in building and improving the TON ecosystem together with us! 

๐Ÿ”ฎ Stay tuned; the end of the hackathon is only the beginning of our journey. Thank you all!

Community | App | Docs | ๐•
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๐Ÿ‘‹ Friends, hello everyone!

๐ŸŒค Summer is over, it's time to get back out there and get active. We've been working on Prophet all this time. Here are some of the latest updates:

- Improved UI and updated smart contracts
- Added bets for NOT/USDT
- Changed the round logic: now they don't run automatically, but starting with the first bet

๐Ÿ† We have also applied for the sixth season of The Open League in DeFi League and are waiting for the approval

๐Ÿค– By the way, our bot will respond to your bet with a minimum size on the opposite side, so you can compete with it anytime!

๐Ÿ‘€ There's also something else we hope to tell you about soon!

Community | App | Docs | ๐•
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๐Ÿ It's October, friends, and here are our plans for the rest of the autumn

๐Ÿ›  We are actively developing Solo Mode and we plan to launch its first version in November. There is a lot to prepare, we want your experience to be pleasant and technically safe

๐Ÿ”ฎ In this mode you will be able to predict the price of asset after any time, the odds will be fixed and known in advance, and the funds for the winners will be taken from the Vault, to which anyone will be able to provide liquidity.
This will make Prophet attractive to both traders and liquidity providers, as well as to holders of our utility token $BURN!

๐Ÿ“– More details on how Solo Mode works will be covered in several articles that will be published throughout October, don't miss it!

Community | App | Docs | ๐•
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