What is thena? Discover the outstanding features of Thena and THE . token
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
What is DotOracle Network? Information about DotOracle Network and the DTO . token
- Overview of the DotOracle Network project
- What is DotOracle Network?
- Highlights of DotOracle Network
- How does the DotOracle Network work?
- Project team, investors & partners of DotOracle Network
- DotOracle Network development roadmap
- Overview of the DTO . token
- What is DTO used for?
- Basic information about the DTO . token
- DTO . Token Allocation
- How to own and store DTO . tokens
- Conclude
Overview of the DotOracle Network project
What is DotOracle Network?
DotOracle Network is a decentralized Oracle that provides real-world data and information for projects in the Polkadot ecosystem . DotOracle Network is also a liquidity provider that helps investors easily transfer cryptocurrencies between Moonbeam , Polkadot and Ethereum quickly and securely.
Highlights of DotOracle Network
DotOracle Network allows real-time on-Dot and off-Dot connections. In addition, using Cross-chain technology, DotOracle Network provides users with interoperability between Polkadot and other blockchains.
DotOracle Network brings information and data from the real world to other blockchains through Moonbeam. The reason DotOracle Network chose Moonbeam is because it provides an EVM (Ethereum Virtual Machine) virtual machine system, making it easy for DotOracle Network to connect and interact with projects on Ethereum as well as Polkadot.
In addition, DotOracle Network also has some features as follows:
Non-custodian decentralized bridge : DotOracle Network gives users full control over the process of transferring their cryptocurrencies to other blockchain projects.
Byzantine Fault Tolerance consensus : DotOracle Network uses PBFT (Practical Byzantine Fault Tolerance) consensus mechanism to provide secure security and high fault tolerance to reduce the authentication time between nodes in the DotOracle Network system. .
Real-time off-Dot data provider : DotOracle Network combines PBFT consensus mechanism and Elliptic Curve Multisignature schema to optimize the process of transferring data and information to Moonbeam quickly.
High-availability network : Project developers and investors can use DotOracle Network's services at any time.
Full decentralization : DotOracle Network is a decentralized network of completely independent Nodes, without the control of any intermediaries.
Cross-chain bridge : This is the bridge between DotOracle Network's liquidity supply and other blockchains.
Highlights of DotOracle Network
How does the DotOracle Network work?
The structure of DotOracle Network includes the following components:
Network & Consensus Layer : This layer is responsible for exchanging information and data with the network's Validators. Thereby, it will ensure that all Validators have a consistent source of information and data.
Oracle Data Layer : Unlike other EVM-compatible blockchains, DotOracle adds an Oracle Data Layer to the system's layered architecture. It acts as a storage place, bringing all data and information from the real world to the blockchain.
Oracle & Smart Contract Layer : This layer is responsible for hosting all smart contracts deployed by developers of decentralized finance applications. With the EVM virtual machine system, developers can use familiar programming languages like Solidity to deploy smart contracts using data from the real world that Oracle Data Layer provides.
Application Layer : Users will interact with decentralized financial applications through this layer.
DotOracle Network's operating model
In addition to providing developers of decentralized financial applications with real-world data and information, the DotOracle Network also acts as a liquidity provider. Thereby, users can exchange cryptocurrencies between the Ethereum and Polkadot blockchains quickly without the control of any intermediaries.
DotOracle Network also acts as a liquidity provider
Project team, investors & partners of DotOracle Network
DotOracle Network project team
Nguyen Bui is the CEO of DotOracle Network, he used to be the marketing director at TomoChain. In addition, he also works as a consultant at Coin98 Finance with 15 years of experience in Tech Marketing & Financial Trading.
Hoang Anh is Full Stack & Lead Developer of DotOracle Network, he used to hold this position at TomoChain & Insight Studio.
Khai Dinh is a Backend Developer of DotOracle Network, he used to work as a Full Stack developer at TomoChain.
Ruan Wuxing is the Art Director of DotOracle Network, he has 5 years of experience in the cryptocurrency market and graduated from the Chinese Academy of Fine Arts since 2010.
DotOracle Network project team
DotOracle Network Advisor
DotOracle's advisory team includes:
Peter Chen , Co-Founder at Big Data Protocol. He is the founder of Building Block Group and once held the position of business development director at Huobi Global.
Cam Pham , Lead Dev at The Arcadia Group. He used to be the blockchain research lead at TomoChain with over 10 years of experience in this field.
Kieran Warwick , Co-Founder at Illuvium.
Rasikh Morani , Co-Founder & CEO at The Arcadia Group.
DotOracle Network Advisor
Investors and partners
On October 26, 2021, DotOracle Network announced that the project has raised US$3 million from a Private Sale round with the participation of many investment funds such as LD Capital, Illuvium, Bitcoin.com Exchange, Shima Capital , Thorchain, Kryptos, Genblock Capital and Dreamboat Capital.
Investors and partners of DotOracle Network
DotOracle Network development roadmap
1st quarter of 2021
- The project will publish Whitelist and Tokenomics
- DotOracle Network will market, build brands and expand partnerships
2nd quarter of 2021
- Project launches DotOracle Testnet for Private and open sale of DTO tokens
- DotOracle continues to market, build brands and expand partnerships
3rd quarter of 2021
- Launch project DotOracle stress-test and Testnet version
Quarter 4 of 2021
- DotOracle Network releases official version (Mainnet) and develops new features to connect more blockchains
Overview of the DTO . token
What is DTO used for?
DTO is the Utility token of the DotOracle Network project, investors will have to lock up an amount of DTO tokens to become the Validator of the network. When becoming a Validator, investors can receive a reward of DTO tokens.
In addition, DTO is also a Governance token, the owner of this token has the right to participate in the system administration process as well as they can contribute ideas to help the developer build the DotOracle Network project.
Basic information about the DTO . token
- Token Name: DotOracle
- Ticker: DTO
- Blockchain: Polkadot
- Token type: Utility, Governance
- Total Supply: 100,000,000 DTO
- Circulating Supply: 7,377,000 DTO
DTO . Token Allocation
- Protocol Rewards: 33%
- Team & Advisor: 12%
- Marketing & Partnership: 15%
- Development: 10%
- Liquidity & Listing: 5%
- Token Sale: 25%
DTO . Token Allocation
How to own and store DTO . tokens
Investors can buy DTO tokens on Uniswap exchange and store DTO in wallets like Polkadot.js , Anchor Wallet…
Conclude
Thus, TraderH4 has just brought to readers basic information about the DotOracle Network project and the DTO token. In the cryptocurrency market today, there have been successful projects in the field of Oracle, one of which can be mentioned is Chainlink . With these outstanding features, DotOracle Network can attract the attention of developers and compete with other projects?
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