Code Monkey home page Code Monkey logo

codefundo2019's Introduction

CodeFunDo2019

Overview

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.

About GNOSIS

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.

Goals

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.

Flow

  • 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.

codefundo2019's People

Contributors

palakg11 avatar

Watchers

James Cloos avatar Hritvi Bhandari avatar  avatar  avatar

Recommend Projects

  • React photo React

    A declarative, efficient, and flexible JavaScript library for building user interfaces.

  • Vue.js photo Vue.js

    🖖 Vue.js is a progressive, incrementally-adoptable JavaScript framework for building UI on the web.

  • Typescript photo Typescript

    TypeScript is a superset of JavaScript that compiles to clean JavaScript output.

  • TensorFlow photo TensorFlow

    An Open Source Machine Learning Framework for Everyone

  • Django photo Django

    The Web framework for perfectionists with deadlines.

  • D3 photo D3

    Bring data to life with SVG, Canvas and HTML. 📊📈🎉

Recommend Topics

  • javascript

    JavaScript (JS) is a lightweight interpreted programming language with first-class functions.

  • web

    Some thing interesting about web. New door for the world.

  • server

    A server is a program made to process requests and deliver data to clients.

  • Machine learning

    Machine learning is a way of modeling and interpreting data that allows a piece of software to respond intelligently.

  • Game

    Some thing interesting about game, make everyone happy.

Recommend Org

  • Facebook photo Facebook

    We are working to build community through open source technology. NB: members must have two-factor auth.

  • Microsoft photo Microsoft

    Open source projects and samples from Microsoft.

  • Google photo Google

    Google ❤️ Open Source for everyone.

  • D3 photo D3

    Data-Driven Documents codes.