PrediBot WhitePaper

Step 1: What is PrediBot?

PrediBot is an AI-powered social betting agent that lets users create and place on-chain predictions simply by tweeting. Built on top of the PredictBase protocol, PrediBot brings decentralized prediction markets to everyday users through seamless, natural interactions on social platforms like Twitter (X).

Unlike traditional betting platforms, PrediBot eliminates complex wallet interactions and interfaces. You don't need to visit a dApp or create a new wallet — just send a tweet, and PrediBot handles the rest, executing on-chain transactions via smart contracts in a trustless and transparent way.

All payouts are secured by smart contracts on PredictBase, ensuring guaranteed outcomes without middlemen. Whether you're placing a prediction or creating a new market, PrediBot makes the entire experience as easy as a single tweet.

Step 2: Problems with Traditional Web3 UX

Accessing on-chain prediction markets today is still difficult for some users. Key problems include:

  • Wallet Complexity: New users must install a wallet extension, create a seed phrase, and manage private keys — a confusing and intimidating process for the average person.
  • dApp UX: Many decentralized applications (dApps) require navigating interfaces, switching networks, and manually connecting wallets — all before placing a prediction.
  • High Drop-Off Rates: These steps lead to user frustration and abandonment, especially among non-technical or mobile-first users who just want a simple way to bet or create markets.

Step 3: The PrediBot Solution

PrediBot solves the friction of traditional Web3 prediction platforms by introducing an AI agent that operates directly on social platforms. No dApps, no wallet setup, no crypto experience needed. Just a tweet. PrediBot creates a wallet for you, securely manages transactions, and executes everything on-chain — all through simple natural language commands on platforms like Twitter (X).

  • Tweet-Based Access: Create or join prediction markets by simply tweeting @predibot_ with your intent — no dApp or extension needed.
  • AI-Driven Market Logic: PrediBot parses user input, matches it to live markets, and places bets through smart contracts.
  • Trustless Execution: All funds and outcomes are managed transparently by smart contracts — PrediBot acts as the AI interface.
  • Frictionless UX: Removes the need for direct wallet interaction or app navigation, opening prediction markets to a broader audience.

Step 4: Business Model

PrediBot operates on a self-sustaining, revenue-generating cycle that fuels both platform growth and token value. Every interaction with the agent — whether placing a bet, creating a market, or claiming rewards — contributes to this loop.

  • Users Place Bets via PrediBot: Anyone can tag @predibot_ to participate in live prediction markets without touching a dApp.
  • 1% Protocol Fee: Every on-chain transaction executed through PrediBot includes a 1% fee.
  • Revenue Collection: This fee is routed to PrediBot's treasury as revenue.
  • Buyback & Burn: 25% of all fees generated are used to buy back and burn $PREDI tokens. (See the Token Utility section for more.)
  • Aligned Incentives: As usage of PrediBot grows, so does revenue, increasing both platform sustainability and $PREDI scarcity.
  • Cycle Repeats: The more users bet via social channels, the more value flows back into the system — rewarding token holders and fueling long-term growth.

Step 5: Token Utility: $PREDI

$PREDI is the native utility and governance token of PrediBot. It powers the agent's ecosystem and aligns long-term incentives between users, creators, and the protocol.

  • Quarterly Buyback & Burn: 25% of all fees generated by PrediBot will be used to buy back and burn $PREDI, reducing circulating supply and increasing scarcity.

️‍🔥 Buyback & Burn Example

If PrediBot generates $1B in total volume in a single quarter and collects a 1% fee, that results in $10M in protocol revenue.

With 25% of revenue allocated to buybacks, $2,500,000 would be used to purchase $PREDI from the open market and permanently burn it — reducing supply and benefiting long-term holders.

Disclaimer: The figures above are illustrative examples based on hypothetical volume. Actual revenue and buyback amounts may vary depending on protocol activity, market conditions, and future governance decisions.

Step 6 : Tokenomics

Initial distribution of $PREDI is designed to ensure long-term sustainability and community ownership:

  • 37.5%: Public Sale — Available at launch with no vesting
  • 15%: Community — Allocated for user rewards, airdrops, and incentive programs; released as needed.
  • 12.5%: Liquidity Pool — Reserved for protocol-owned liquidity and initial DEX/CEX support
  • 11%: Treasury — Released gradually to fund long-term development
  • 10%: Marketing & Growth — Vested over 12 months to support strategic campaigns and ecosystem growth
  • 10%: Team - Linear vesting over 12 months, starting at token launch
  • 4%: Early Backers & Advisors — Released at token launch

Token supply is fixed, and deflationary mechanisms such as buybacks and burns may be introduced via governance proposals.

Step 7: Team

PrediBot is developed by the core PredictBase development team. We specialize in Web3, AI, and decentralized prediction markets — with over 8 years of combined experience building secure, scalable, and user-focused blockchain applications. Our mission is to make on-chain predictions accessible to everyone by removing complexity and delivering powerful AI-driven tools.

Moe

Moe

Co‑Founder

Specializes in smart contracts, DeFi protocols, and AI-integrated dApps. Led engineering for several Web3 platforms and built prediction engines used across multiple chains.

Adrin

Adrin

Co‑Founder

Built high-scale systems at AWS and across multiple Amazon teams. Now focused on decentralized infrastructure, smart contracts, and prediction market design.

Nick

Nick

Advisor

Supporting and advising AI builders across the Base ecosystem.

Step 8: Roadmap (12‑Month Horizon)

Explore PrediBot's 12-month roadmap and future plans as we continue to evolve and expand the capabilities of the agent. This roadmap will grow with new phases as PrediBot matures.

Q2 2025

  • Launch PrediBot on Base Sepolia Testnet
  • Enable first on-chain bets via Twitter (X)
  • Start early user testing and feedback loop

Q3 2025

  • Deploy PrediBot on Base Mainnet
  • Launch $PREDI Token and public sale
  • Integrate with Farcaster
  • Enable user-created prediction markets

Q4 2025

  • Integrate with Telegram/Discord
  • Launch AI chat interface on website
  • Enable copy trading of top strategies
  • Add Coinbase Wallet support

Q1 2026

  • Enable live trading of market shares
  • Add personalization via on-chain history
  • Launch public betting portfolios
  • Automate market promotion via AI agents

Q2 2026

  • Launch gamified prediction markets
  • Deploy personalized AI auto-betting agents
  • Introduce AI-powered prediction analytics

Step 9: Wallet Creation & Key Management

To deliver a frictionless Web3 experience, PrediBot uses the Coinbase Developer Platform (CDP) Wallet API to seamlessly create secure on-chain wallets for users — tied directly to their Twitter handles.

How It Works:

  • Automatic Wallet Creation: When a user tweets at @predibot_, a secure wallet is created for them via CDP based on their Twitter identity.
  • Secure Key Custody via CDP: All private keys are securely generated and stored by Coinbase’s infrastructure. PrediBot never has access to your private keys.
  • Transaction Signing: When you request an action (e.g., place a bet), PrediBot signs the transaction on your behalf via CDP — but only with your authorization.

This approach combines the convenience of Web2 with the self-custody and transparency of Web3. Users retain ownership, while PrediBot acts purely as an intelligent interface to streamline access to on-chain prediction markets.

Step 10: The Future of AI Betting Agents

PrediBot is more than a tool — it represents a new class of autonomous AI agents that bring Web3 to the social layer. No downloads, no friction, no gatekeeping.

As on-chain agents like PrediBot evolve, they will power a new generation of financial and forecasting tools accessible from anywhere — whether it's Twitter, Telegram, or Discord.

Our mission is to make decentralized predictions as easy as tweeting, and to empower anyone in the world to bet, earn, and forecast transparently. Join us as we build the future of social prediction.