Background

The decentralized prediction market within consumer dApps is experiencing rapid growth, enabling participants to trade based on the outcomes of future events rather than traditional financial assets. According to Meta Tech Insights, this market was valued at approximately USD 1.4 billion in 2024 and is projected to reach USD 95.5 billion by 2035, growing at a CAGR of around 46% between 2025 and 2035.

Blockchain technology enhances these markets by providing decentralized infrastructure, reducing the need for intermediaries, and ensuring transparent and tamper-proof transactions. This way allows for peer-to-pool betting, where users can place wagers directly into liquidity pools managed by smart contracts.

Polymarket, a decentralized prediction platform, has gained significant attention for its role in political event forecasting. During the 2024 U.S. presidential election, Polymarket’s betting volume exceeded $3.3 billion, reflecting substantial public engagement and confidence in the platform’s predictive capabilities. Notably, a French trader reportedly earned $85 million in profits by accurately predicting the election outcome, highlighting the platform’s potential for high-stakes wagering.

Key Pain Points Being Tackled

In the realm of decentralized prediction markets, @monad_xyz Native Projects like RareBetSports (RBS), Kizzy, and LEVR Bet are addressing several prevalent challenges to enhance user experience and operational efficiency.

• Transparency and Trust:Traditional prediction markets often suffer from a lack of transparency, leading to user skepticism regarding fairness and reliability. To mitigate this, platforms are implementing decentralized technologies. For instance, RBS utilizes smart contracts on Monad to automate event result verification and reward distribution, aiming to provide a transparent and tamper-resistant system
• Real-Time Data Accuracy:Accurate and timely data is crucial for the integrity of prediction markets. Delays or inaccuracies can undermine user confidence and the platform’s credibility. Kizzy built their own data engine to give just-in-time data and LEVR addresses this by employing an oracle-driven liquidation engine that synchronizes with live game events. These solutions aim to provide real-time odds updates to support high-frequency betting.
• User Engagement and Accessibility:Engaging a broad user base requires intuitive interfaces and relatable content. Kizzy focuses on integrating social media elements with prediction markets, allowing users to engage in competitions involving creators and influencers. This approach leverages familiar social platforms to attract and retain users.
• Risk Management:Managing risk is a significant concern, especially in platforms offering leveraged betting. LEVR Bet introduces the MVP Vault, which acts as a counterparty to all bets and is structured in tranches to mitigate full risk exposure from any single game. This system is designed to enhance the platform’s stability and reliability.
• Fee Structures:High fees can deter users from participating in prediction markets. To address this, LEVR Bet implements a hybrid fee structure aimed at reducing the vigorish (VIG) compared to traditional sportsbooks, potentially offering bettors more favorable odds.

By focusing on these areas, RBS, Kizzy, and LEVR Bet strive to overcome common challenges in prediction markets, seeking to provide users with transparent, accurate, engaging, and fair platforms. Following are highlight and key features of each project:

RareBetSports (RBS)

@RareBetSports (RBS) is revolutionizing the sports betting landscape by integrating Monad’s features to offer a decentralized, transparent, and user-centric platform. Powered by Monad, RBS provides users with a seamless and efficient betting experience.

RBS is developed and operated by a team of 10 members from distributed across four countries and five cities. The team comprises individuals with diverse backgrounds in blockchain technology, sports analytics, and software development, collectively working towards creating an engaging and secure sports betting experience.

Key Features of RareBetSports (RBS)

Real-Time On-Chain Sports Data with RBS Oracle and RareLink:

• RBS offers on-chain sports data, including odds, lineups, schedules, and injury reports, through its RBS Oracle and RareLink systems. This setup is designed to ensure accurate and verifiable data for on-chain contracts, aiming to enhance transparency and trust in the betting process. RBS provides traditional sports betting options, enabling users to place bets on various sports events. The platform supports over ten sports, including football and basketball, and accepts cryptocurrencies like USDC for participation.

Decentralized Daily Fantasy Sports (DFS):

• RBS has developed a DFS app with a decentralized, user-driven architecture. Users can connect, select players, and potentially increase their crypto holdings, offering an engaging experience. In the DFS mode, users assemble virtual teams within a budget constraint. Points and rewards are earned based on the real-world performance of the selected athletes. This feature allows users to engage strategically by leveraging their sports knowledge to optimize team selection.

Community-Centric Contests:

• RBS includes token-gated contests and enhanced payouts for partner communities, aiming to foster engagement among users. As the platform expands, it plans to offer gaming, crypto, and community incentives to attract sports fans globally.

Mobile and desktop interfaces of RBS. Currently, the platform can be experienced by applying for an Early Access Code.

RBS is the first-place winner in the Monad Madness Pitch Competition BKK

By deploying on Monad, RBS leverages its capabilities to ensure secure and efficient operations. The use of smart contracts facilitates automated processes, reducing the need for intermediaries and enhancing transparency in event result verification and reward distribution. Currently, RareBetSports is in the early access application stage, inviting users to apply for early access to the platform.

Kizzy

@kizzymobile is positioned as the “DraftKings for Social Media,” combining social media with real-time betting. Kizzy team comprises individuals with experience in consumer web3 applications and a strong interest in both social media and online betting sectors. Their background includes building and engaging with various crypto projects, positioning them to understand and cater to the convergence of these markets.

Kizzy’s Unique Features

Social Media Integration:

• Kizzy targets a unique niche by linking betting activities to social media performance. Users can bet on real-world metrics like the engagement of a creator’s tweets, the views on their videos, or the outcomes of social events. This feature combines elements of social media interaction with betting mechanisms, creating a novel user experience.

Skill-Based Betting Mechanism:

• Unlike random chance-based betting, Kizzy’s approach depends on users’ knowledge of influencers and trends. For instance, if a user knows that a creator’s giveaway posts typically perform well, they can place bets based on that insight. This mechanism fosters a sense of control and ownership over betting outcomes, which could increase user retention.

Ease of Onboarding with Mobile and Social-First Approach:

• Kizzy allows users to set up and start betting within 30 seconds through its mobile app. This positions Kizzy as a product for on-the-go users who are actively engaging with social media platforms.

Kizzy is the second-place winner in the Monad Madness Pitch Competition BKK

Aditya M, Founder and CEO of Kizzy, pitched at Monad Madness Bangkok.

Kizzy stands out by pioneering a new intersection between social media and betting. By leveraging Monad’s features, Kizzy seeks to provide a secure, scalable, and user-centric experience that differentiates it from established players. Its focus on skill-based and personalized betting in the influencer economy positions it as a unique offering in the growing Monad’s consumer/social ecosystem.

LEVR

@LEVR_bet is a decentralized sports betting platform that integrates leveraged DeFi mechanisms with traditional sports wagering. By building on Monad, LEVR Bet aims to offer users a unique betting experience. Below is an analysis of LEVR Bet’s features and how it utilizes Monad’s capabilities.

Unique Features of LEVR:

Leveraged Betting:

• LEVR allows users to place bets with up to a 5x multiplier on their positions, enabling the potential for higher returns compared to standard betting platforms.

MVP Vault Mechanism:

• The platform employs an MVP (Most Valuable Player) Vault that acts as the counterparty to all bets. This vault is structured in tranches to mitigate full risk exposure from any single game, aiming to enhance the platform’s stability.

Oracle-Driven Liquidation Engine and Liquid In-Game Exchange Market:

• Utilizing an oracle-based system that synchronizes with live game events to provide real-time odds updates, LEVR supports high-frequency betting by ensuring that odds reflect the most current game developments. It also features a liquid in-game exchange market, allowing users to enter and exit bet positions instantly throughout a live sporting event.

Hybrid Fee Structure:

• LEVR implements a hybrid fee structure that reduces the vigorish (VIG) significantly, potentially providing bettors with a more favorable edge compared to traditional sportsbooks.

LEVR BET won third place in the Monad Madness Pitch Competition NYC

In September 2024, LEVR Bet announced the successful completion of a $2 million pre-seed funding round. The round was led by Third Earth Capital and Kobol Fund, with participation from investors including Hyperithm, Big Brain Holdings, Varys Capital, Dewhales Capital, FunFair Ventures, Chorus One, L2 Iterative Ventures, and Avalaunch. This funding is intended to support the development and launch of LEVR Bet’s decentralized leveraged sports book exchange on Monad.

By integrating with Monad’s technology, LEVR seeks to provide a decentralized, leveraged sports betting platform that combines the benefits of DeFi with traditional wagering. Its unique features, such as leveraged betting, real-time odds updates, and a liquid in-game exchange market, aim to distinguish it from competitors in the evolving landscape of online sports betting.

Conclusion

Monad’s native consumer app ecosystem in the prediction market sector is demonstrating significant potential, fueled by Monad’s cutting-edge blockchain infrastructure. Consumer dApps (prediction market) such as RareBetSports (RBS), Kizzy, and LEVR Bet are addressing key challenges in the industry, including transparency, user engagement, risk management, and fee structures. These platforms aim to innovate within their niches by leveraging Monad’s high throughput, low latency, and scalability.

By introducing unique features such as real-time data integration, personalized betting experiences, and advanced risk management systems, these projects seek to redefine how users interact with prediction markets. They differentiate themselves from traditional competitors like Polymarket and DraftKings by offering decentralized, transparent, and user-centric alternatives.

As these projects continue to evolve, they are likely to attract a diverse user base looking for better UX. Monad’s performance plays a pivotal role in enabling this innovation, positioning its native ecosystem as a key player in shaping the future of consumer dApp (decentralized prediction markets).

Disclaimer:

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