Monad Ecosystem Guide: Consumer dApp
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Monad Ecosystem Guide: Consumer dApp
In the prediction market space, Monad-native projects such as RareBetSports (RBS), Kizzy, and LEVR Bet are working to address common challenges to improve user experience and operational efficiency.
Navigating Web3 tides with focused insightsBackground
Consumer decentralized applications (dApps) featuring prediction markets are experiencing rapid growth, enabling participants to trade based on the outcomes of future events rather than traditional financial assets. According to a report by Meta Tech Insights, this market was valued at approximately $1.4 billion in 2024 and is projected to reach $95.5 billion by 2035, with a compound annual growth rate (CAGR) of around 46% from 2025 to 2035. Blockchain technology provides these markets with a decentralized infrastructure that reduces reliance on intermediaries while ensuring transparency and immutability of transactions. This decentralized model supports peer-to-pool betting, where users can directly deposit their wagers into liquidity pools managed by smart contracts.
Polymarket, as a decentralized prediction platform, has gained significant attention for political event forecasting. During the 2024 U.S. presidential election, Polymarket recorded over $3.3 billion in betting volume, reflecting strong public engagement and trust in its predictive capabilities. Notably, a French trader reportedly earned $85 million by accurately predicting the election outcome, highlighting the platform’s potential for high-stakes wagering.
Addressing Key Pain Points
In the prediction market space, native Monad projects such as RareBetSports (RBS), Kizzy, and LEVR Bet are actively addressing common industry challenges to enhance user experience and operational efficiency.
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Transparency and Trust: Traditional prediction markets often lack transparency, leading users to question platform fairness and reliability. To address this, these platforms are leveraging decentralized technologies. For example, RBS uses smart contracts on the Monad blockchain to automate event outcome verification and reward distribution, aiming to create a transparent and tamper-proof system.
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Real-Time Data Accuracy: Accurate and timely data is critical for maintaining the integrity of prediction markets. Delays or inaccuracies can erode user confidence and damage platform credibility. Kizzy has built its own data engine to deliver real-time information, while LEVR employs an oracle-based settlement engine synchronized with live match events. These solutions aim to provide users with real-time odds updates, supporting high-frequency betting.
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User Engagement and Accessibility: Attracting a broad user base requires intuitive interfaces and accessible content. Kizzy integrates social media elements into its prediction market, allowing users to engage in contests related to creators and influencers. By leveraging familiar social platforms, it enhances user acquisition and retention.
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Risk Management: Risk management is crucial, especially in prediction markets offering leveraged betting. LEVR Bet introduces the MVP Vault (Most Valuable Player Vault), which acts as the counterparty to all bets and is structured in tiers to mitigate full exposure risk from individual matches. This system aims to improve platform stability and reliability.
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Fees Structure: High fees can deter user participation in prediction markets. To resolve this, LEVR Bet implements a hybrid fee structure designed to reduce the vigorish (VIG)—the margin commonly found in traditional sportsbooks—thereby offering more attractive odds to bettors.
By tackling these key issues, these native Monad projects are redefining how prediction markets operate, delivering platforms that are more transparent, intelligent, and user-friendly. Focusing on these areas, RBS, Kizzy, and LEVR Bet strive to overcome common industry hurdles and offer users transparent, accurate, engaging, and fair experiences. Below are highlights and core features of each project:
RareBetSports (RBS)
RareBetSports (RBS) is revolutionizing the sports prediction market by integrating Monad's capabilities to deliver a decentralized, transparent, and user-centric platform. Leveraging Monad, RBS offers users a seamless and efficient betting experience.
RBS is developed and operated by a team of 10 members distributed across five cities in four countries. With diverse expertise in blockchain technology, sports analytics, and software development, the team is united in creating an engaging and secure sports prediction market experience.
Key Features of RareBetSports (RBS)
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Real-Time On-Chain Sports Data via RBS Oracle and RareLink: RBS delivers on-chain sports data—including odds, lineups, schedules, and injury reports—through its proprietary RBS Oracle and RareLink system. This setup ensures accurate and verifiable data feeds to on-chain smart contracts, enhancing transparency and trust during the betting process. RBS supports traditional sports prediction markets, enabling users to bet on a wide range of sporting events. The platform covers over ten sports, including football and basketball, and allows participation using cryptocurrencies such as USDC.
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Decentralized Daily Fantasy Sports (DFS): RBS has developed a decentralized, user-driven DFS application. Users can connect to the platform, select players, and potentially grow their crypto holdings through an engaging gameplay loop. In DFS mode, users build virtual teams within a budget cap and earn points and rewards based on real-world athlete performance. This feature empowers users to strategically apply their sports knowledge to optimize team selection.
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Community-Centric Competitions: RBS offers token-gated contests and enhanced community reward mechanisms to boost user engagement. As the platform scales, it plans to introduce additional games, cryptocurrency integrations, and community incentives to attract sports fans globally.
RBS offers both mobile and desktop interfaces. Currently, users can access the platform by applying for early access codes.
RBS was the first-place winner at the Bangkok stop of the Monad Madness pitch competition
By deploying on the Monad blockchain, RBS leverages its high-performance and secure infrastructure to ensure stable platform operations. Smart contracts automate various processes, reducing reliance on intermediaries while increasing transparency in event resolution and reward distribution. Currently in early access, RareBetSports welcomes users to apply for access and experience its features firsthand.
Kizzy
Dubbed the “social media version of DraftKings,” Kizzy combines social media with real-time betting. The team behind Kizzy consists of experienced professionals in consumer Web3 applications who have a deep interest in social media and online prediction markets. Their background includes involvement in multiple crypto projects, giving them valuable insights into the needs of this converging landscape.
Unique Features of Kizzy
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Social Media Integration: Kizzy targets a unique niche by linking betting activities to social media performance metrics. Users can place bets on actual creator engagement indicators such as tweet interactions, video views, or outcomes of social events. This integration creates a novel user experience that blends social interaction with betting mechanics.
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Skill-Based Betting Mechanism: Unlike traditional prediction platforms based on randomness, Kizzy’s betting model relies on users’ knowledge of influencers and trends. For instance, if a user knows that a particular creator’s giveaway campaigns typically perform well, they can leverage that insight to make informed bets. This approach gives users greater control and engagement, improving retention.
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Mobile-First Experience and Social-First Design: Through its mobile app, Kizzy enables users to set up and start betting within 30 seconds. Designed for users who want to participate anytime, anywhere, this seamless flow makes Kizzy ideal for mobile-first audiences.
With these features, Kizzy not only innovates the fusion of social media and prediction markets but also delivers a betting experience tailored to user behavior through its mobile-first interface and skill-based mechanics.
Kizzy placed second at the Bangkok stop of the Monad Madness pitch competition
Aditya M, Founder and CEO of Kizzy, presenting at Monad Madness Bangkok
Kizzy stands out by pioneering a new category that merges social media with prediction markets. By leveraging Monad’s capabilities, Kizzy aims to deliver a secure, scalable, and user-centric experience that differentiates it from traditional platforms. Its focus on skill-based, personalized betting positions it as a distinctive product within the Monad consumer/social ecosystem, particularly relevant in the influencer economy.
LEVR
LEVR Bet is a decentralized sports prediction market platform that combines leveraged DeFi mechanisms with traditional sports betting. Deployed on the Monad blockchain, LEVR Bet aims to deliver a unique betting experience. Below is an overview of LEVR Bet’s key features and how it leverages Monad technology.
Unique Features of LEVR
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Leveraged Betting: LEVR allows users to place bets with up to 5x leverage, offering higher potential returns compared to standard prediction market platforms.
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MVP Vault Mechanism: The platform utilizes an MVP (Most Valuable Player) Vault that serves as the counterparty to all bets. Structured in layers, this vault mitigates full risk exposure from single games, enhancing overall platform stability.
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Oracle-Based Settlement Engine and In-Game Liquidity Market: LEVR uses an oracle-based system synchronized with live match events to provide real-time odds updates, supporting high-frequency betting and ensuring odds reflect the latest game dynamics. The platform also features a highly liquid in-game trading market, allowing users to enter or exit positions instantly during ongoing matches.
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Mixed Fee Structure: LEVR implements a hybrid fee model that significantly reduces the vigorish (VIG) typically seen in traditional sportsbooks, offering bettors more favorable odds.
Through these innovations, LEVR Bet seeks to establish a differentiated presence in the sports prediction market, leveraging Monad’s technology to deliver a more flexible, secure, and efficient betting experience.
LEVR BET won third place at the New York stop of the Monad Madness pitch competition
In September 2024, LEVR Bet announced the successful completion of a $2 million pre-seed funding round. The round was co-led by Third Earth Capital and Kobol Fund, with participation from Hyperithm, Big Brain Holdings, Varys Capital, Dewhales Capital, FunFair Ventures, Chorus One, L2 Iterative Ventures, and Avalaunch. The funds will support the development and launch of LEVR Bet’s decentralized leveraged sports prediction market exchange on the Monad blockchain.
By integrating with Monad technology, LEVR aims to build a decentralized leveraged sports prediction market that combines the benefits of DeFi with traditional prediction markets. Its unique offerings—such as leveraged betting, real-time odds updates, and a highly liquid in-game trading market—are designed to stand out in the evolving online sports prediction landscape, providing users with innovative and diverse betting experiences.
Conclusion
The native consumer application ecosystem on Monad shows immense promise in the prediction market sector, powered by Monad’s cutting-edge blockchain infrastructure. Consumer dApps like RareBetSports (RBS), Kizzy, and LEVR Bet are addressing critical industry pain points—including transparency, user engagement, risk management, and fee structures. By harnessing Monad’s high throughput, low latency, and scalability, these platforms are driving innovation within their respective niches.
Through unique features such as real-time data integration, personalized betting experiences, and advanced risk management systems, these projects aim to redefine how users interact with prediction markets. They differentiate themselves from traditional competitors like Polymarket and DraftKings by offering decentralized, transparent, and user-centric alternatives.
As these projects continue to evolve, they are poised to attract a diverse user base seeking superior user experiences. Monad’s high-performance technology plays a pivotal role in enabling this innovation, further solidifying its native ecosystem’s position in shaping the future of consumer-facing prediction market applications.
Note: This long-form series aims to introduce native projects within the Monad ecosystem. Interested readers can follow the links below to explore different segments:
Monad Ecosystem Guide: Native DEX/Perp Preview
Monad Ecosystem Guide: Native Liquid Staking / Native DEX Part II
Note: My Ecosystem colleague Michael previously published an in-depth article on decentralized prediction markets. Those interested can click here to read it.
We welcome more Chinese-speaking builders to learn about Monad’s technological innovations and join our ecosystem. Monad places great importance on the Chinese-speaking market and developers. Below are official links and community channels—feel free to reach out anytime.
Official Links
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Website:https://monad.xyz/
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Twitter:https://twitter.com/monad_xyz
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Substack:https://monadxyz.substack.com/
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Discord:https://discord.gg/monad
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Developer Discord:https://discord.gg/monaddev
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Monad Chinese Community Twitter:https://x.com/monad_xyz
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Monad Chinese Telegram Group:https://t.me/Chinads
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Monad Chinese Developer Telegram Group:https://t.me/+UE_dh4BNHIxhMjY1
Note: The author is Harvey from the Monad Ecosystem team, currently based in Hong Kong/Shenzhen, working closely with APAC colleagues to promote the growth of the Monad ecosystem in Chinese-speaking regions. We actively seek to bring in Chinese-speaking talent and foster a thriving ecosystem. Ecosystem partners and developers are welcome to DM us anytime.
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