ETF Prediction Contest Platform
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ETF Prediction Contest Platform

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Direct Quote

"We're running a poll where you can win a full Bitcoin if you can correctly guess the price of Bitcoin."

Summary

The podcast discusses the idea of engaging the audience by running a prediction contest for the price of Bitcoin, where participants guess the future price to win a reward such as Bitcoin. This concept can be transformed into a dedicated platform where users can register to place predictions, and the platform can utilize smart contracts to automate the reward distribution based on real-time market data. This solves the problem of user engagement in the cryptocurrency space while also fostering a sense of community and competition. The target audience includes crypto enthusiasts, traders, and investors looking to participate in gamified financial predictions. Specific tactics could include leveraging social media marketing to promote the platform, collaborating with crypto influencers for broader reach, and establishing partnerships with crypto exchanges for real-time data feeds.

Categorization

Business Model
Platform
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
1-3 months
Initial Investment
< $1,000

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on August 23, 2025 • Analyzed on October 14, 2023 12:00 PM

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How should I validate this platform idea before building it?

2:34 PM

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2:35 PM

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