Reels-Fi
Reels-fi is a platform designed for avid reel viewers, offering them the opportunity to place bets on the engagement of reels. If the engagement of a reel increases within a specified time frame, users can earn rewards based on their predictions.
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Problem Statement
Reels-fi is a platform designed for avid reel viewers, offering them the opportunity to place bets on the engagement of reels. If the engagement of a reel increases within a specified time frame, users can earn rewards based on their predictions.Monetize Your Existing Reels: Turn your current reels into revenue-generating content. Upload Custom Reels: Share and monetize your own custom-created reels. Invest in Favorite Creators' Reels: Place an investment amount on your favorite content creators' reels for a specific tenure. Withdraw Rewards: Redeem your earnings once the investment tenure is complete. Earn Reels-Fi Tokens: Gain Reels-Fi tokens through a "Refer and Earn" program.
Solution
We utilizedNext.jsfor the frontend framework, paired withTypeScriptfor type safety and enhanced development efficiency.Tailwind CSSwas integrated for responsive and modern UI design. On the blockchain side,Soliditywas used to develop smart contracts, while we incorporatedLayerZero's OFT Adapter and OFTfor cross-chain functionality, enabling seamless token transfers between networks. Additionally, we integratedRootStock Testnetto test and deploy contracts, ensuring compatibility with the Bitcoin ecosystem. Using LayerZero’s technology benefited our project by simplifying multi-chain interactions, while RootStock allowed us to leverage Bitcoin’s security in a decentralized environment.
Hackathon
ETHOnline 2024
2024