Karma——A fully on-chain event distribution protocol on Sui Network
With the popularization of smartphones, personalized recommendations and information flows like TikTok and Instagram have become mainstream in our lives. Despite their convenience and fun, they also come with the information cocoon and unrestrained censorship system brought about by the recommendation system. We want to create a censorship-resistant and fully OnChain event distribution protocol , built by the communities, where all events can be personalized and published on the chain, no longer subject to censorship or deletion by any content platform; the display of events is dominated by group behaviors such as topics and popularity, rather than the opaque recommendation algorithms of Internet companies. This is the Karma fully OnChain event distribution protocol. @ThinkSui@SuiNetwork #ThinkSuiBuilder
During the technical research, we have researched several different blockchain technologies. In the end, we chose to implement the Karma blockchain event distribution protocol on Sui, because Sui has several unparalleled features. @Mysten_Labs@EvanWeb3@kostascrypto@GDanezis@alonsodegortari@EmanAbio@b1ackd0g@SuiNetwork
The prediction market enables betting on all events, and the meme launcher enables pricing speculation on all events.
Together, the two enable hedging against all events.
In summary, if the game remains popular and developers continue to innovate, the demand for the token could increase, thereby raising its value. The developers, being token holders themselves, are further incentivized to maintain this ecosystem.
What we're describing is a situation where a token is tied to the success and popularity of a game or gaming ecosystem. In this model, the token could maintain or even increase in value if the game continues to produce engaging content and attract a large player base.
This alignment between community support and developer incentives creates a feedback loop where developers are motivated to continue building the game, thus keeping the community engaged and maintaining the value of the token.
If I am a creator
1. I can set and deploy prediction events
2. Set options (which coins are options to bet on, if the coin comes from pumpfun, it is tick, if it comes from the entire sol, it is ca),
3. Set the prediction event results.
1 hour until the nuke drops.
Pre-selections are open for all players, however only the sitting president of the highest marketcap country will be obeyed.
The nuke works like this:
The president of the highest country by marketcap selects a country they wish to nuke. The nuke will drain all liquidity from the targeted country, whether it is on Uniswap or on the curve.
Half of the liquidity instantly gets used to buy the winning country and the other half buys a random country on the map.
Both the country that nukes, and the beneficiary of the other 50% are instantly deployed to Uniswap, even if they don't reach the $333k liquidity.
The winning country will also receive $180k in a 3 tx buy. To prevent extreme volatility, these buys will be split into 3 batches over the next 3 days, country tokens will be sent to the burn address.
The block target for the nuke is 14658121 (which occurs in approximately 1 hour)