Case study · Financial Services

A prediction market where players cannot lose their principal

Nezha asked us to build its prediction market protocol and web platform from scratch, from research and design to blockchain development.

Nezha: cover

At a glance

1-minute read
  • Discovery & Research
  • UX/UI Design
  • Branding
  • Web App
  • Front End
  • Back End
  • Blockchain & Smart Contracts

The situation

Nezha is a liquidity engine that lets market participants risk only a loss of profit, not their principal. It pools liquidity and routes yield across decentralized finance protocols to reward participants.

The product had to appeal to investors, innovators and gamblers, keep new users engaged, and combine the fun of a lottery with the blockchain world.

What we did

We began with research: personas and customer journey maps for three very different groups of users, and a plan for roles and scenarios, because the platform was complex and built from scratch. We then designed the architecture and the smart contract flows.

Our designers built a visual identity around bright neon accents that signals the technology and a new approach to gambling. The team then built the back end, the front end and the blockchain parts, which was the main technical challenge.

The result

The result is a complete platform with intuitive navigation, built to raise conversions and attendance.

Read the full case study · 2 min

The full case study

Nezha, step by step

On this page · 8 sections

About the business

Nezha is the liquidity engine allowing market participants to only risk loss of profit without risking the principal investment. Instead of wagering stakes with the expected adverse outcomes, Nezha pools together liquidity and uses smart yield routing across DeFi protocols to distribute yield to prediction market participants. As it provides all the excitement without the downsides, we think of it as “Vegas without the hangover.”

Project tasks

  • Build a web-based Blockchain prediction market protocol, making it interesting for all: Investors, Innovators, and Gamblers.
  • Create a comprehensive product to engage new users and maintain retention by supporting core values: attractiveness to invest, fun, transparency, engagement.
  • Combine classical lottery fun and entertainment with the blockchain universe, making it no-loss and attractive for investments

Project team

  • 2 UI/UX designers
  • 2 Front-end engineers
  • 2 Back-end engineers
  • 2 Blockchain engineers
  • Solutions Architect
  • DevOps
  • QA engineer
  • Project manager
  • Business analyst

3 months for research and design

7 months for development and QA

Nezha Blockchain prediction market protocol
Nezha.

Research phase & Product discovery

Our team was building a complex community yield prize platform from scratch, so it was necessary to think out user roles and all possible scenarios in advance. We dedicated around three weeks of our effort to the research to form a complete picture of a client’s needs:

Personas, CJM.

As we have three very different categories of users, we wanted to investigate more about their needs, pains, and habits to cover each of the categories and desires in a better way. CJM was created to map users’ experiences and help us to cover their core needs, prevent their concerns and solve potential pains.

Architecture and Smart contract flows

Automate the execution of an agreement so that the whole team can be immediately sure of the outcome without any intermediary’s involvement or time loss.

Back end / Front end / Blockchain development

The main technical challenge was related to blockchain functionality, as it is hard to combine the full transparency of a blockchain with the unpredictability of a lottery.

We were building the product and its features around the insights discovered during the Research Phase, increasing the simplicity and easiness of use.

Platform features

Product features are the specific functionalities and characteristics that a product offers to users, distinguishing it from others in the market.

User ID verification

All-in-one identity verification system

Profile page with personal statistics

Continuously updated user statistics

Direct wallet connection

Seamless token transfer

Solana NFT

Quick and easy access to digital collectibles

Blog

Daily updated blog articles

Nezha draw

Determination of the weekly jackpot winner

Nezha Architecture
Nezha. High-level architecture.

UX/UI Design

While working on the visual appearance of the platform, our purpose was to recreate the game’s feeling without being too attached to the image of classic gambling. It was essential to differentiate from old-school platforms and display our win-win approach through usability and design.

Eventually, we balanced the manufacturability of the fintech market and the gaming industry.

Nezha Blockchain prediction market protocol
Nezha. Dashboard.

Visual Identity

Our design team built the brand identity around the bright neon accents. On the emotional level, it references the tech side of the platform and the idea of a new approach to gambling. Users can find themselves plunged into the atmosphere of a brand from the first second.

Nezha Color Palette
Nezha. Colors and fonts.

Outcome

The end product is a complex solution built with intuitive navigation for users that increases conversions and platform attendance

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