VIBE Light Paper
The Prediction Layer for Social Communities
1. Vision
"The URL is the Market."
VIBE is a decentralized social prediction layer. Our mission is to transform Social Sentiment into a tradable asset class. Current prediction markets are either too financialized (complex like exchanges) or too isolated (require app downloads). VIBE aims to seamlessly embed prediction markets into high-frequency social scenes like Telegram and Discord via minimalist H5 links.
Core Proposition: No App. No Download. Just Vibe.
2. Core Architecture: The Dual-Engine
VIBE adopts a unique dual-engine design to cater to both "Public Retail Users" and "Private Room Owners".
Engine A: Public Arena
An open market for all Web3 users and global players.
Scenario: For global viral events (e.g., US Elections, World Cup, Super Bowl, Bitcoin Price Predictions).
Mode: Parimutuel. All bets go into a single smart contract pool, and winners split the prize pool based on their share.
Settlement: On-chain Settlement, fed by Oracles, transparent and open.
Fees: The platform charges 2% of the winners' profits as protocol revenue.
Engine B: Private Room
A SaaS tool for Group Admins, KOLs, and Private Bookies.
Scenario: For private traffic, friendly wagers, and small communities (e.g., "Friends' Watch Party Group").
Mode: "Splitwise for Betting" (Social Ledger).
Ledger Mode: Supports pure record-keeping. Funds do not pass through the chain; settlement is handled offline by the room owner (via Venmo / Cash App / Revolut / Cash).
Proxy Betting: Room owners can place bets on behalf of users, lowering the barrier to entry.
Fees: 0% Commission. The platform takes no cut from private bets.
Business Model: Room owners pay a SaaS Subscription Fee (monthly rent) to maintain room operations.
3. User Experience (UX)
VIBE strives to eliminate all friction in Web3 usage.
Generate: A Bot in a Telegram group captures keywords or responds to commands, automatically generating a unique betting link.
Click: Users click the link, and a lightweight H5 betting card pops up directly within the chat window. No redirection, no download.
Vibe:
Public: Connect wallet, one-click signature to bet.
Private: Click options to record (credit granted by the room owner).
4. Tokenomics ($VIBE)
$VIBE is the core utility token of the ecosystem, designed to balance supply and demand and capture protocol value.
Supply Side (How to Earn)
Trade-to-Earn: Users generate volume in the Public Arena to earn $VIBE rewards.
Share-to-Earn: Every generated link carries a referral code. Sharers earn commissions and token rewards for bringing in valid volume.
The Web2.5 Funnel (Conversion Airdrop): Active users in Private Rooms (off-chain) who accumulate enough points can claim an Onboarding Airdrop by creating a wallet and entering the public domain.
Demand Side (How to Use)
SaaS Staking: Private Room owners can stake a sufficient amount of $VIBE tokens to waive monthly SaaS subscription fees.
Fee Discount: Holders of $VIBE enjoy a fee reduction from 2% to 1% when settling in the Public Arena.
Buyback & Burn: A portion of the 2% fees from the Public Arena and subscription revenue from Private Rooms will be used to buy back and burn $VIBE, achieving deflation.
5. Roadmap
Phase 1: Foundation (Current)
Public Arena MVP: Launch parimutuel prediction features for viral events (e.g., sports).
Private Ledger Bot: Release a free Telegram ledger bot to acquire B-side room owners via utility.
Web3 Social Login: Integrate Email/Twitter login to lower the barrier.
Phase 2: Expansion
$VIBE TGE: Token Generation Event and Exchange Listing.
Fiat Onramp: Integrate Credit Card/Fiat payment channels to bridge Web2 user funds.
SaaS Pro: Launch paid Private Room features (Advanced Reporting, Risk Management Tools).
Phase 3: Scale
Layer 2 Migration: Deploy to L2 networks like Arbitrum/Base for ultra-low fees.
SaaS API: Open API to allow large communities and third-party frontends to access the Vibe protocol.
Vibe DAO: Initiate community governance, allowing the DAO to decide fee parameters and new sports categories.
Join the Vibe. [Website] | [Twitter] | [Telegram] | [Discord]
Last updated
