With the help of Crpto’ntvest, users would be able to organize their investments in cryptocurrencies in the most efficient way. Users can either escrow their cryptocurrencies with us and we would invest that in the stock market using the Gnosis based prediction market thereby giving a share of profits to the investor or users can invest their cryptocurrencies on their own using the same gnosis’ prediction market and we would take a share of their profits. The user can withdraw his cryptocurrency at the terms decided in the smart contract made when user invested his cryptocurrency.
Gnosis provides a prediction market platform where participants try out trading in prediction markets and therefore win tokens as a reward for successful predictions. Gnosis safe aims to provide all users with a convenient and secure way to manage their funds and interact with decentralized applications on Ethereum along with cheaper setup and transaction costs.
We would be having these major goals in the initial phase
- For the users investing(which would also include the users escrowing their cryptocurrencies) their cryptocurrencies with us, we have to make a Smart Contract(which would be unbreakable as it would be built on the azure blockchain) benefiting both the user and the company.
- Integrating the gnosis prediction market and safe with our Dapp so that it provides a user-friendly and an engrossing platform.
- Creating a smart contract with the experts which are analyzing the market on gnosis prediction market and also ranking them on the basis of their successful predictions.
- User logs in our DApp
- Here we can also use trulioo identity verification API to verify the user. Trulioo help businesses comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) rules.
- Opts to either escrowing or investing it on his own using our Smart Contract.
- Next comes the gnosis prediction market. Here our analysts participate in the prediction market in lieu of tokens or rewards.
- According to the prediction provided by the prediction market, we would devise an algorithm to further invest in the Stock Market using Kite Connect API for selling or purchasing of shares.
- Kite Connect API allows execute orders in real-time (equities, commodities, mutual funds), manage user portfolios, stream live market data over WebSockets, etc.
- Users than withdraws his cryptocurrencies(whenever he wants) according to the smart contract prepared at the time of investing.
- This completes the tenure of the smart contract made.