Just wanted to raise an idea - I am not sure if this conflicting around celeste its put that for discussion in discord #celeste .
How about a Challenging Smartcontract where two parties can challenge for an outcome. The outcome will be decided by the inherent oracle or a oracle which while creating the challenge we will point to a a URL which can spit the outcome.
For example
A and B register in the smartcontract and put say 100 USD each, time to check , And post a URL which will give the outcome in a JSON an oracle will read the
response and set the appropriate outcome.
Where it can be used any game, any sport event - Me and my friend decide to play X game if the X game can implement to show the result for a certain game the outcome
can be decided and money sent to whoever was the winner.
Its like Pooltogether probably but with a decisive outcome of an action from minimum parties.
Lets say I can add one more example:
- A and B challenge, A says price of bitcoin will be < 50000 and B says > 50000
API to check
https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=USD
Response
{
“bitcoin”: {
“usd”: 59292
}
}
value to check
bitcoin.usd
The oracle checks the URL supplied in the contract for specific time and then sends the pooled amount to who wins this case B
P.S: I am already working on another project but if anyone is willing to adopt the idea I am there to support and drive the project.
Its a pretty simple use case and will require SmartContract Dev, Front End Dev and Oracle to update the results.