Bull vs Bear
Bull vs Bear Game
Introduction
Welcome to the Bull vs Bear Game - an exciting prediction market game within the Luckblocks ecosystem! This game allows players to test their market prediction skills by betting on whether the price of cryptocurrencies will go up (Bull) or down (Bear) within specific timeframes.
In the world of cryptocurrency trading, "Bulls" are optimistic investors who believe prices will rise, while "Bears" are cautious investors who anticipate price drops. Our Bull vs Bear Game brings this market dynamic to life in an engaging, gamified experience where your prediction skills can earn you rewards.
What is Bull vs Bear?
Bull vs Bear is a prediction game based on real cryptocurrency price movements. The concept is simple yet thrilling:
Bull Position (UP): You predict the price will be higher at the end of the round
Bear Position (DOWN): You predict the price will be lower at the end of the round
The game currently tracks the BTC/USDT price pair, which may be modified through community governance in the future. All bets are placed using USDT tokens, simplifying the calculation of potential profits and losses. Each round consists of a 5-minute betting period followed by a 5-minute live period.
Each round has a set duration, and the game uses reliable price oracles to determine the starting and ending prices. The outcome is transparent, verifiable on-chain, and cannot be manipulated by any party.
How It Works
Round Structure
Round Creation: New rounds are automatically created by the smart contract
Live Phase: Players can place bets on UP (Bull) or DOWN (Bear)
Lock Phase: Betting closes and the starting price is recorded
Ending Phase: The round ends, final price is recorded, and winners are determined
Claim Phase: Winners can claim their rewards
Betting Process
Enter the amount you wish to bet
Choose your position: UP (Bull) or DOWN (Bear)
Confirm your transaction
Wait for the round to complete
If your prediction is correct, claim your winnings! Disclaimer: Due to the decentralized nature of execution, if a round takes over 2 minutes to finish, all users will be eligible to claim a refund on that round.
Price Oracle
The game uses Chainlink price feeds as a reliable and tamper-proof source of price data. This ensures that all price information is accurate and cannot be manipulated, providing a fair gaming experience for all participants.
Winning Conditions
If you bet UP and the closing price is higher than the starting price, you win!
If you bet DOWN and the closing price is lower than the starting price, you win!
Winners receive rewards proportional to their bet amount and the total pool distribution.
Game Features
Real-Time Price Charts
The game interface includes real-time price charts powered by TradingView, allowing you to analyze price movements and make informed decisions before placing your bets.
Transparent Verification
All game results are recorded on the blockchain and can be verified by anyone. The smart contract code is open-source and audited for security.
Rewards System
Winners share the prize pool based on their bet amount relative to other winning bets. The prize pool consists of the total bets minus a small platform fee that supports the Luckblocks ecosystem.
Early Bird Bonus
The Bull vs Bear Game rewards early participants with an "Early Bird Bonus." The first 4 players to place bets in each round receive a 20% bonus on their potential rewards. This incentivizes quick participation and helps kickstart each round with initial liquidity.
Draw Rounds
In case of a draw (when the closing price is exactly the same as the starting price), the entire pool amount is moved to the next round, and players lose their bets. This mechanism ensures that the prize pools grow over time and maintains excitement for future rounds.
Fee Structure
The Bull vs Bear Game implements a transparent fee structure that supports various aspects of the Luckblocks ecosystem. For each bet placed, the following fee distribution applies:
NFT Node Fee (2%): Rewards the NFT node operators who maintain and execute the game rounds
Referral Fee (2%): Distributed to users who refer new players to the platform
Minimum Amount Pool Fee (2%): Contributes to ensuring minimum prize pools for future rounds
Staking Fee (3%): Rewards CRANNI token stakers, enhancing the token's utility
Cynths Fee (1%): Supports the Cynths synthetic assets platform within the ecosystem
This balanced fee structure ensures the game's sustainability while rewarding various participants in the Luckblocks ecosystem. The total fee of 10% is competitive within the prediction market space while providing significant value to the community.
Strategies for Success
Technical Analysis
Trend Lines: Identify the current price trend direction
Support and Resistance: Look for key price levels where reversals might occur
Moving Averages: Use these indicators to spot potential trend changes
Market Sentiment
Monitor social media and news for market-moving events
Be aware of overall market conditions (bullish or bearish)
Consider trading volume as an indicator of price movement strength
Risk Management
Don't bet more than you can afford to lose
Diversify your predictions across different rounds
Consider the house edge in your betting strategy
Common Patterns
Breakouts: When price moves strongly beyond a resistance or support level
Consolidation: When price moves sideways before making its next move
Reversal Signals: Indicators that the current trend might change direction
Integration with Luckblocks
Bull vs Bear Game is fully integrated with the Luckblocks ecosystem:
CRANNI Token Utility: CRANNI token holders receive special benefits
NFTnodes Support: The game is supported by the Cranni Societas NFTnodes network
Referral Program: Earn rewards by inviting friends to play
Getting Started
Connect Your Wallet: Link your Web3 wallet to the Luckblocks platform
Fund Your Account: Ensure you have USDT in your wallet for betting
Choose a Round: Select an active round that matches your prediction timeframe
Place Your First Bet: Start with a small amount to get familiar with the game
Track Results: Monitor the BTC price movement and outcome of your prediction
Frequently Asked Questions
What happens if the price doesn't change?
If the closing price is exactly the same as the starting price (which is rare but possible), the round is considered a draw, and total amount are utilized on next round.
Can I cancel my bet?
Once a bet is placed, it cannot be canceled as it's recorded on the blockchain. Make sure you're confident in your prediction before confirming.
How are rewards calculated?
Rewards are calculated based on your bet amount, the total amount bet on your position, and the total amount bet in the round. The exact formula ensures fair distribution among all winners.
Is there a minimum bet amount?
Yes, there is a minimum bet amount to ensure that transaction fees don't outweigh potential rewards. Check the current minimum on the game interface.
How do I know the game is fair?
All game mechanics are controlled by smart contracts on the blockchain. The code is open-source, audited, and uses Chainlink oracles for reliable price data. Every transaction and result can be verified on-chain.
Join the Bull vs Bear Game today and put your prediction skills to the test! Whether you're a seasoned trader or new to cryptocurrency markets, this game offers an exciting way to engage with price movements and potentially earn rewards.
Last updated: June 2025
Last updated