TL;DR

• Panana Prediction, the first-place winner of Code Collision Aptos 2024, has launched on the Aptos Mainnet after a year of development.
• Powered by Nodit’s infrastructure, they are building a composable prediction market where shares act as native tokens.
• With an AMM-based design, Panana simplifies trading, removes the need for order books, and unlocks new revenue opportunities for liquidity providers.
• Panana Prediction is set to spark greater activity and fresh innovation across Aptos.

Greeting builders,

Building a fully operational on-chain prediction market requires more than just a bold vision — it demands reliable infrastructure, efficient data management, and real-time event tracking.

We are pleased to share news from our partner Panana Prediction, which is known as the first-place winner of Code Collision Aptos in 2024. After a year of development, Panana has officially gone live on Aptos Mainnet, delivering a complete and scalable prediction service — powered by Nodit. (Click here to see more)

A New Definition of Prediction Market: DeFi Primitives

Prediction markets have existed for years, yet not every attempt has succeeded. Panana Prediction is reimagining them as true DeFi primitives that can drive broader adoption and ecosystem growth. What makes their vision stand out is the conviction behind their approach.

“Panana Prediction is building a composable prediction market where shares function as native tokens, making them easily integrable with other DeFi protocols. Unlike traditional prediction markets, users don’t need to understand order books. Their AMM-based design enables continuous trading and even opens new revenue streams for liquidity providers.” — Aaron (CTO, Panana Prediction)

For Panana, prediction markets are more than just financial products. They’re an important pillar of truth-finding, often faster and more reliable than traditional media. Yet, the team also recognized a gap: today’s DeFi and prediction platforms are often too complex, intimidating, and uninspiring for everyday users.

This approach sets team Panana apart from typical DeFi projects focused on swaps, lending, or staking. By transforming predictions into tradable and integrable assets, they are creating a new category of on-chain financial instruments. Beyond making prediction markets more accessible, this design could spark higher transaction activity and liquidity on Aptos, amplifying the chain’s growth and visibility.

Scaling a Prediction Market with Nodit’s Tech Stack

Launching a fully operational prediction market takes more than vision, it requires resilient infrastructure, effective data tools, and real-time responsiveness. By leveraging Aptos Indexer, Webhooks, and reliable endpoints on Nodit, Panana Prediction gained the technical edge needed to scale their platform seamlessly and deliver a user-first experience.

• Reliable Endpoints – Even under tight deadlines, Nodit’s endpoints provided uninterrupted performance, allowing the team to overcome unexpected issues and meet critical milestones without disruption.
• Smarter Indexing – Instead of wrestling with inflexible indexing tools, Nodit’s Indexer gave them a faster, more dependable way to organize blockchain data at scale.
• Real-Time Event Tracking – Nodit’s Webhooks replaced slow polling with instant on-chain event updates, enabling a truly responsive user experience.

Hands-On Developer Support – With direct communication channels open, Panana’s team could quickly resolve challenges and keep building without roadblocks.

With Nodit infrastructure providing reliable endpoints, powerful indexing, real-time webhooks, and direct developer support, Panana successfully brought their vision to Aptos Mainnet.

Their success reflects what’s possible when bold ideas meet the right infrastructure, and we are super pleased to see how Panana Prediction will continue to shape the future of DeFi on Aptos.

🔎About Nodit

Nodit is a platform aims to provide reliable node & consistent data infrastructure for scaling your dapps in multi-chain environment. The core technology of Nodit is a data pipeline that performs crawling, indexing, storing, and processing of blockchain data, along with a reliable node operation service. With processed blockchain data, developers can leverage on-chain and off-chain integration, advanced analytics and visualization, and even AI modeling to build exceptional Web3 products.

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🔎About Panana Prediction

Panana is a fun next‑gen prediction market that reflects public opinion, making forecasting easy and accessible for everyone. As the first AMM based prediction market built on Move, powered by their self‑developed automated market maker, Panana delivers instant transactions and continuous liquidity for the best market experience. Users earn through market creation, liquidity provisioning, and trading outcome shares, while our tokenized shares unlock powerful new DeFi opportunities.

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