Updated 346 days ago

Gelotto

Human Oracles - Enable cheaper, faster, and accurate human consensus on-chain

  • Crypto / Web3
  • CosmosHub
  • Juno
  • DeFi
  • Account Abstraction
  • Infra / API
  • Creator Economy
  • Archway
  • Crosschain Infrastructure

Gelotto is ushering in a revolutionary human oracle protocol, a unique integration bringing human consensus directly on-chain. This isn’t just about answering questions or predicting world events. It’s about enabling a seamless flow of real-world data to Web3, facilitated by humans who can validate and determine the truth.

A central feature of this protocol is the development of technology that enables wallets to accumulate a social score. This isn’t just a number—it’s a reflection of the wallet’s credibility and behavior. Good actors are recognized and rewarded with perks like reduced gas fees, discounts, and early access.

The human oracle protocol is powering one of the first dApps—a prediction market. Users have the freedom to initiate various markets, speculate on political outcomes, anticipate market trends, or predict stock prices. The resolution comes from our human oracle, a jury system that’s as credible as it is reliable.

Your social score is pivotal here. It grows with your participation—your voting frequency, accuracy, and the validation that comes from being a verified user. The link between your digital identity and real-world credentials like social media and KYC enhances your credibility.

Creating a prediction market is tailored and flexible. You set the jury pool requirements, adding a layer of personalization to the process. Honesty is the currency in this ecosystem. To participate, users bond a certain amount, and those caught in dishonesty face slashed stakes and a dented social score.

But this is just the beginning. We aim to expand the human oracle protocol, making it accessible to anyone needing a customized jury for a specific purpose. We’re making the pursuit of truth profitable.

Our foundation is in the Cosmos ecosystem, but our eyes are set on integrating with major networks like ETH, ETH L2s, AVAX, DOT, and beyond. We’re offering a cost-effective, secure, and flexible means to access data that’s crucial for the next wave of DEFI, social, and various other projects.