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Reels-Fi

Reels-fi is a platform designed for avid reel viewers, offering them the opportunity to place bets on the engagement of reels. If the engagement of a reel increases within a specified time frame, users can earn rewards based on their predictions.

Reels-Fi

Created At

ETHOnline 2024

Project Description

Reels-fi is a platform designed for avid reel viewers, offering them the opportunity to place bets on the engagement of reels. If the engagement of a reel increases within a specified time frame, users can earn rewards based on their predictions.

Monetize Your Existing Reels: Turn your current reels into revenue-generating content. Upload Custom Reels: Share and monetize your own custom-created reels. Invest in Favorite Creators' Reels: Place an investment amount on your favorite content creators' reels for a specific tenure. Withdraw Rewards: Redeem your earnings once the investment tenure is complete. Earn Reels-Fi Tokens: Gain Reels-Fi tokens through a "Refer and Earn" program.

How it's Made

We utilized Next.js for the frontend framework, paired with TypeScript for type safety and enhanced development efficiency. Tailwind CSS was integrated for responsive and modern UI design. On the blockchain side, Solidity was used to develop smart contracts, while we incorporated LayerZero's OFT Adapter and OFT for cross-chain functionality, enabling seamless token transfers between networks. Additionally, we integrated RootStock Testnet to test and deploy contracts, ensuring compatibility with the Bitcoin ecosystem. Using LayerZero’s technology benefited our project by simplifying multi-chain interactions, while RootStock allowed us to leverage Bitcoin’s security in a decentralized environment.

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