lobby.fun
Lobby.fun is a dynamic social trading platform that turns investing into a game. Pick up to five assets, enter duels or free-for-alls, and prove who knows the meta best!
About
The problem it solves ### Problem Statement > In essence, Lobby.fun is a tool for mediating disagreements between strong personalities and influential figures in the crypto space. Put simply, it allows [those making bold claims about market movements and asset potential on social channels](https://polymarket.com/event/jingtao-vs-zata?tid=1719796837161) to *put their money where their mouth is*. ### The Solution Lobby.fun provides a social platform where users can engage in direct trading competitions, called "lobbies." A lobby is a regulated system that allows direct player-vs-player (PVP) competition in trading, structured as a duel (one-on-one) or a free-for-all (up to 10 participants). ### How It Works 1. A host creates a lobby. 2. Users join it, providing up to 5 assets they feel will perform the best in the specified time. 3. The lobby starts. 4. Once the lobby ends, our contract calculates performances and awards the pot to the winner. ### Benefits for Users - **Engagement and Validation**: Users can validate their market predictions by entering lobbies and competing against others. This system allows them to back up their claims with actual performance, enhancing their credibility and public image. - **Reputation Building**: Every win, loss, and statistic in Lobby.fun is public, creating a transparent record of a user's market knowledge. - **Social Interaction**: By enabling direct competition based on market predictions, Lobby.fun fosters a more interactive and engaging environment. Users can challenge each other, test their strategies, and prove their expertise in a public forum. - **Trustless Competition**: Unlike informal bets, Lobby.fun provides a structured and transparent environment for trading competitions. Funds are securely managed, ensuring fair play and trust in the outcomes.
How it's made
Challenges we ran into The major challenge we faced during the development of Lobby.fun was integrating the Pyth network oracle to access asset prices. Pyth, a blockchain oracle, operates on a pull model, which presented several complexities and hurdles. **Complex Documentation**: The documentation for Pyth was challenging to go through. We encountered numerous instances of outdated or incomplete information. This made it incredibly challenging to understand the correct implementation steps and usage patterns. **Understanding the Pull Model**: The pull model itself was a novel concept for us, and wrapping our heads around it required significant effort. The intricacies of this model added another layer of complexity to our integration process. It was ultimately through brute effort and determination that we more-or-less figured out how to get what we needed from Pyth.