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Confetti
Confetti is a Web3 platform where users buy votes on contests to fund reward pools and earn rewards by voting for winning entries early. Users can also create their own contests on any subjective question and earn a share of contest volume.
Distributed
Description
Confetti is a decentralized voting and rewards platform where participants buy votes on contests they believe in, with the majority of spend (90%) funding a rewards pool. Voters who back winning entries earn a share of the rewards pool proportionate to their vote, with earlier votes being cheaper and offering greater potential returns via Confetti's price curve mechanism. In addition to participating in existing contests, users can create their own contests on any subjective topic (e.g. best player, best dressed) and opt in to earn a percentage of all volume generated on that contest. Contests run across multiple blockchain networks, including Polygon, Monad, Ethereum mainnet, and Abstract. The platform serves everyday crypto users and community members interested in gamified, incentivized voting and contest creation, and is developed by JK Labs Inc.Grant Funding
VC Funding
None
2024
$0
$3M