witsWITS
About WITS

About WITS: An Overview of the On-Chain Targeted Opportunity Creation Platform

This document provides a full look at WITS, a new On-Chain Targeted Opportunity Creation Platform. WITS creates safe, transparent, and fair interactive events through well-made quizzes in decentralized settings.

Definition and Core Functionality of WITS

WITS operates as an On-Chain Targeted Opportunity Creation Platform. Its core function is a blockchain-based quiz system that:

  • Enables targeted interactive events
  • Supports Web2 and Web3 audience segmentation
  • Automatically distributes rewards on-chain
  • Eliminates middlemen
  • Ensures transparent and instant payments to verified winners
  • Offers a fair and engaging experience with real-time crypto rewards

Identification of Market Problems

Current digital engagement in the Web3 space faces major challenges:

  • Poor Web3 gaming integration
  • Scalability issues for large audiences
  • Participant filtering difficulties
  • Security and reward distribution concerns

WITS directly addresses these problems with a secure and highly functional solution.

The WITS Solution: How It Works

Advanced Filtering Capabilities

  • Web3 Filters: Token/NFT/ENS ownership, Farcaster presence, allowlists
  • Social Rules: Integration with Telegram, Discord, X, LinkedIn
  • Enables precise participant targeting

On-Chain Reward Distribution

  • Uses smart contracts for automatic and immediate rewards
  • No manual processing or intermediaries
  • Supports multiple reward types:
    • Crypto assets
    • (Coming soon) NFTs, special codes, event tickets

Enhanced Participant Interaction

  • 50/50 Hint: Eliminates half of incorrect answers
  • Poll Audience Hint: Shows real-time answer popularity

Easy Setup and Integration

  • Via Telegram Mini-App or Developer API
  • Can integrate with existing platforms

Full Organizer Control

  • Custom participant targeting, quiz design, reward setup
  • Enables effective engagement strategies

API-First Architecture

  • Full-featured API for developers
  • Allows custom front-end quiz interfaces
  • Advanced filtering and reward functionality included

Target Beneficiaries of WITS

For Organizers and Businesses

Ideal for Web2 and Web3 entities including:

  • Crypto Exchanges
  • Event Organizers
  • AMA and Twitter Space Hosts
  • Blockchain Projects

Simplifies quiz deployment, participant targeting, and reward distribution.

For Participants (Users)

  • Engaging and fair quiz competitions
  • Instant blockchain rewards
  • No security risks or technical barriers

Engagement Opportunities

Explore and interact with WITS: