2️⃣ Bull’s Eye

Bull’s Eye will appeal to those who can analyze the market, because you have to guess the future price as precisely as possible, and not just the direction (as in Up/Down). It doesn’t matter if one’s estimate is higher or lower than the actual price; what matters is the difference between the two.

Currently, the game is only available on BTC, with plans to add other cryptocurrencies. There is one timeframe, for example, 10 minutes, and each user has 1/10 of that timeframe, meaning 1 minute, to try and guess the exact price of the asset at the end of the period.

The game works as follows:

1. The player chooses amount to play with and enters a price estimate.

2. As the game round ends, the system acquires the up-to-date price from the Chainlink oracle.

3. All player forecasts are benchmarked against the actual price, and the one closest to it is selected.

4. The player whose estimate came closest to the eventual price takes home 50% of all the money in the pool if their forecast hits the bull’s eye (closest guess). Those who came second and third in terms of precision get smaller prizes.

5. The pool is reset and starts accumulating funds again.

📌Example:

Alice estimates that the price of BTC will reach $66,503 for 1 BTC, while Bob’s forecast is $66,530, and Frank’s is $66,550. At the end of the round, the actual price is $66, 512. Alice’s guess is $9 below the actual price, which is within 0.5% of the actual price, while Bob’s is $18 higher, and Frank’s is $38 higher. We’ll assume that the rest of the players in the pool are even further away from the real price. Therefore, Alice defeats both Bob and Frank, securing 50% of the pool's money, minus a platform fee of 10% for $1 guesses or 7.5% for $5 guesses, paid by the other participants excluding our winners: Alice, Bob, and Frank.