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"A Multitude is a better judge of many things than any individual" - Aristotle

SPECTRUM

A Crypto-economic platform which acts as an information market which provides accurate news for users to both view and bet on.

Members:

  • Abhishek L, NIT Trichy
  • Arvinth S, NIT Trichy

Problems we aim to solve:

Misinformation is a major problem in a world where there are many sources of information on the internet which may or may not provide the right information. This ultimately results in users losing faith in every internet source altogether.

We aim to solve this problem of misinformation by means of crowd verification and independent source (News Organizations) verification of the news shared. We aim to incentivize people to provide right verdicts on each piece of information by allowing them to bet on what they feel is correct. They receive their fair share of profits once the news is verified by the independent sources.

Goals:

  • To provide a trusted source of information.
  • To incentivize and reward users for providing the right verdicts on each piece of information.
  • To reduce spam and misinformation.
  • To help users get news efficiently and effectively.

Use cases:

  • As a primary source of news on the current affairs.
  • Generating personal profits.

Technology Stack:

  • ReactJS.
  • NodeJS
  • Solidity

Packages used:

  • ChainLink (For passing and processing dynamically sized datatypes).
  • Biconomy (For reducing gas prices).
  • Truffle

Working video : https://youtu.be/DIpLobp394A