HivePredict Now Has Auto Resolving Commodities Markets

in HiveDevs3 months ago (edited)

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On HivePredict one of the features I wanted to launch with was auto resolving markets where data is obtained from an official source and used to automatically pay out on the resolution date/time. We've got Crypto and Sports for auto resolving markets, but the hot topic right now is oil and of course other markets like Gold and Silver.

So, I added in some commodities for auto resolving markets.

I've created a market for Brent Oil which automatically gets the price from investing.com: https://hivepredict.app/markets/ae9fb901-9cc3-4a6e-bb0e-2d0bb074c086

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As you can now see we have for crypto:

  • Bitcoin
  • Ethereum
  • HIVE
  • Solana
  • Dogecoin
  • BNB

For commodities we have:

  • Gold
  • Silver
  • Copper
  • Crude Oil
  • Brent Oil

This means instead of waiting for a market to be manually resolved, it just happens because we have a source of truth for the data. I plan on adding in additional auto market data types, as I prefer as many markets as possible are driven by real data and not manually verified outcomes (which are slower and more time consuming).

I also used this as a good opportunity to fix up the UX for the create market screen.

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Previously we had like 9 tile items and it was a mess, so things are now within categories and a lot easier to choose from and less confusing (which is why I think people weren't using auto markets for markets where it would have been better if they did).

Go check it all out: https://hivepredict.app/ and as always, any feedback/suggestions or anything you can reach out in the comments or on Discord.

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wow so basically a polymarket built on hive?

Kinda. Polymarket works more on a shares based approach whereas Hive Predict is a betting pool where everyone places a bet an outcome and the winning side shares the entire pool. I wanted to do the shares approach, but you need larger active user numbers and liquidity to pull it off, so I went parimutuel instead. But essentially same concept.

o.o i see. good work as usual. if u were to do something like hive keychain or the other proposals could u replicate what theyve done using less funds?

I feel like any dedicated single senior or principal developer could effectively replicate any of the proposals in a matter of days or weeks using AI-assisted development. These tools are very effective as skill multipliers. I don't think any random person could do it, but someone experienced who has the time could do this without asking for a single cent. It would just be time and having access to AI tools like Claude Code.

What Magi are doing is a little more complicated than most DHF projects. Cross-chain stuff is a little bigger than a static front-end or basic Javascript, especially when you're going into EVM territory. But could a single developer accomplish what Magi has done so far by themselves? Yes, definitely. But it would take a little time.

I don't think people realise just how good AI agents have become in the past 4 or so months. Like scary good. Developer headcount replacing good. Which is why you're seeing companies like Block, Atlassian and others laying off staff and admitting it's because of AI. These things are coming for our jobs.

For example, the Hive Keychain extension is easily replicable. The browser extension which is the main crowning jewel, I already built my own browser extension with the same feature set called Signet: https://github.com/Vheissu/signet this is:

  • 1:1 with Keychain features
  • Written in Typescript
  • Supports unlocking with a fingerprint instead of always password (handy if you're on a Mac)
  • Hive Engine support
  • Fully covered in tests
  • Nice UI (has graphs and charts)
  • Supports password manager imports from 1Password and LastPass

You can see I replicated something that went even further than what Hive Keychain offers and this has taken me about a couple of hours to build. I've got an announcement post coming for it shortly.

The only thing AI isn't good at right now is design, but sing something like Tailwind and existing design systems, you can instantly get nice UI's anyway without being a designer (I do recommend doing design yourself at the moment).

There's one proposal that talks about funding AI to help build . With this one being funded, I hope it can bring the cost down for other projects but I don't know if they would be willing to lay off some of their members.

Surely, there has to be a time where we just stop giving out free money for these projects if it's clear that it can be done for way cheaper and possibly even better