StormMarkt

The StormMarkt is a decentralized platform where users can make predictions and place bets on future weather conditions, such as rainfall or temperature on a specific day. The platform leverages blockchain technology and smart contracts to ensure transparency, fairness, and automation in market operations. By integrating real-time weather data through APIs, the platform allows users to participate in a decentralized prediction market, where outcomes are automatically determined and rewards are distributed based on the accuracy of predictions. This project aims to provide a valuable tool for industries sensitive to weather, such as agriculture and energy, by offering a way to hedge against weather- related risks. Additionally, it opens up new opportunities for cryptocurrency enthusiasts and investors to engage in a unique market driven by real-world data. The system is designed with modularity in mind, allowing for future expansions such as more complex data analysis, additional market types, and enhanced user interfaces.

We leveraged scaffold-eth2 to integrate with Kinto and add our own contracts for prediction market rules and weather api integrations.

The project is still in development and more details will be added as we progress, this is a section we have not yet settled on.

The project is still in development and more details will be added as we progress, this is a section we have not yet settled on.