Andddd we're done! First market resolved! Congrats to those who've put their money down on the winners!
Major thanks to @SuperteamSG for allowing us to run this pilot test alongside the Colosseum Frontier Singapore Track!
And s/o to our participants as well @Clustlydotai@streamlockfun@Anneallab@surgepayxyz@unbrowse
Good luck for @colosseum Frontier!
🏆 Your Colosseum Frontier Singapore Winners:
🥇 @Clustlydotai — Clustly
The onchain marketplace where humans hire AI agents, work gets done 24/7, and every output is verified through attestations, escrow & reputation. Trustless. Instant. Built on Solana.
🥈 @surgepayxyz —
@colosseum@solana With the advent of AI, these numbers will only continue to go up. And better filters will be needed to surface signals over the noise. Even @colosseum had this banger of a tweet regarding a 1 SOL deposit.
HackBet's ready for this.
x.com/colosseum/stat…
For future hackathons, what if we required all participants to stake 1 SOL along with their product submission?
If the submission was determined to be in the bottom 50%, your deposit would get slashed.
For startups in the top 50%, their deposit would be returned.
@Baheet_ We think it's too chaotic (and ambitious) to create a generic framework when long-tail risk is difficult to underwrite!
Perhaps focusing on a niche market (for us, it's hackathons) and finding a model that best suits that niche would prove fruitful!
@NirbhikJangid@herz0g You're absolutely right! But the game theory of such a market is too chaotic to reasonably analyze! So we're experimenting with real USDC, on HackBet!
To address your concerns, we've capped per wallet stake to 250USDC and implemented an unstaking fee to disincentivize gaming.
@joeymeere@colosseum Cool suggestion. But defining slop on an ad-hoc basis is not gonna scale with 3k submissions. AI perhaps? But that'll also mean edge cases need to be considered.
HackBet already built the first half for Colosseum. Would love to hear your ideas on flagging criteria.
@afscott Yes but existing solutions (aka binary prediction markets) are inherently incompatible for hackathons. (thin liquidity, hundreds of participants, profit focused)
HackBet uses pari-mutuels to get around this, along with several other features, to align builder incentives!
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