factCheck.fun

How to Farm factCheck.fun for Potential Rewards

1. Visit the factCheck.fun web application
2. Sign in using your wallet, X (formerly Twitter) account, or email
3. Create your factCheck.fun account
4. Fund your account with ETH on the Base network:
   • Purchase ETH from Binance
   • Or bridge ETH to Base using Rhino.fi
5. Navigate to your profile page and copy your factCheck.fun address
6. Transfer some ETH to this address
7. Start exploring the platform:
   • Select facts to engage with from the main page
   • Place stakes on claims you believe are true or false
   • Receive payouts when the AI verification system confirms your position is correct

Creating Your Own Fact-Check Markets

1. Navigate to the “Create Market” section on the platform
2. Define a clear, verifiable claim that can be fact-checked
3. Set the parameters for the fact-checking market
4. Submit your market for verification
5. Earn 5% of all fees generated from your created markets
6. Alternatively, create fact-check markets by tagging @factcheckAIbot on X under any tweet

Maximizing Your Referral Earnings

1. Click on the link icon in the top right-hand corner of factCheck.fun
2. Copy your unique referral link
3. Share this link with friends, on social media, or relevant communities
4. Earn 45% of all trading fees generated by users who join through your link
5. Track your referral performance through the platform’s dashboard

Tips for Effective factCheck.fun Farming

• Focus on facts in trending topics, as these are likely to attract more participants and generate higher fees
• Research thoroughly before placing stakes to increase your win rate
• Create markets around topics where you have specialized knowledge
• Be active during platform promotions or special events
• Follow factCheck.fun on X for announcements and updates
• Engage regularly with the platform to demonstrate active participation

FAQs

What Makes factCheck.fun Different from Traditional Fact-Checkers?
factCheck.fun differs from traditional fact-checking organizations by operating as a decentralized marketplace rather than a centralized authority. It uses financial incentives to motivate participation and relies on a combination of crowd wisdom and AI verification rather than a small team of human fact-checkers. This approach aims to address issues of scalability, bias, and sustainability that can affect conventional fact-checking operations.

How Much ETH Do I Need to Start Using factCheck.fun?
The amount of ETH needed depends on your level of engagement. Since factCheck.fun operates on Base, a Layer 2 solution, gas fees are relatively low compared to Ethereum mainnet. A small amount (0.01-0.05 ETH) should be sufficient to begin participating in markets, though creating markets may require more. Consider starting with a modest amount and increasing your funding as you become more familiar with the platform.

Is factCheck.fun Safe to Use?
As with any blockchain application, users should exercise caution and perform their own research. factCheck.fun appears to be associated with Alliance DAO, suggesting some level of vetting, but the platform is new and its security track record is limited. Best practices include:

• Start with small amounts of ETH
• Use a separate wallet for platform interactions
• Verify all transaction details before confirming
• Monitor platform communications for security updates

Can I Participate Without Technical Blockchain Knowledge?
Yes, factCheck.fun appears designed to be accessible to users without deep technical knowledge. The ability to sign in with X accounts or email suggests a user-friendly approach. However, basic understanding of how to transfer ETH to Base network and manage a wallet is necessary. The platform likely provides guides for newcomers to Web3, though having a friend experienced with crypto transactions could be helpful for complete beginners.

Conclusion

factCheck.fun represents an emerging approach to combating misinformation through decentralized technology and economic incentives. While there is no confirmed airdrop at this time, the platform’s design suggests potential for future token distributions that could reward early users and active participants.

By engaging with the platform now—creating markets, participating in fact-checking, and utilizing the referral program—users can position themselves as early adopters while contributing to the development of a potentially valuable information verification system. The combination of blockchain transparency, AI verification, and financial incentives creates a unique model that could address significant challenges in the current information ecosystem.

For those interested in Web3 projects with practical utility and potential growth, factCheck.fun offers an opportunity to participate in a platform addressing the critical issue of online misinformation while potentially benefiting from early involvement.