Problem Statement
Traditional voting and prediction platforms suffer from several limitations:
Centralization
Platforms that rely on central authorities lead to trust issues, censorship, and control over user funds.
Legal Restrictions
Most platforms encounter regulatory obstacles related to gambling, financial speculation, and securities laws, especially when financial rewards are involved.
Complexity in Reward Distribution
Traditional platforms often have opaque or biased methods of reward distribution, which discourages participation.
Delays in Rewards Distribution
Centralized platforms often rely on outdated banking systems, leading to delays in processing rewards and transactions. Unlike blockchain, these systems are not as traceable or fast.
MatchUp solves these problems by creating a fully decentralized, smart contract-based system where all processes—voting, participation, and reward distribution—are handled autonomously by the blockchain.
Token protection and transactional flow
A unique feature of MatchUp is that if a user selects the wrong side in a voting campaign and does not win a share of the reward pool, their tokens are returned with zero fees. This ensures users are NOT penalized for incorrect choices and can use their tokens in future events.
Below is the transactional flow for a user buying $MATCH tokens and participating in a campaign: