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Bounty Thread - https://bitcointalksearch.org/topic/bounty-soloracles-pto-join-our-bounty-program-and-earn-46840-tokenswk-5497293
Topic: [ANN] SolOracles | Decentralized Oracle Network on Solana (Read 69 times)
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PTO Price: $0.29
Welcome to the first self-sustained decentralized data integration on the Solana blockchain!
SolOracles is revolutionizing the way data interacts with decentralized applications (dApps), offering a robust solution that eliminates traditional barriers in data accessibility and financial constraints imposed by pay-per-query systems. Our unique, token-based payment system underpins this innovation, driven by the core utility token of our platform: the SolOracle Coin.
Vision Statement:
"SolOracles envisions a blockchain ecosystem where the seamless integration of real-time, accurate data into decentralized applications (dApps) on Solana revolutionizes how developers and users interact with critical information. This transformation empowers them to make informed decisions and drive innovation without the constraints of traditional oracle funding systems, paving the way for a self-sustained payment network."
Mission Statement
"Our mission is to disrupt the traditional oracle models by providing a decentralized oracle network on Solana that utilizes a unique token-based payment system. This system enables the minting of project-specific tokens within the platform, facilitating dynamic and direct compensation for oracle services, thereby fostering a self-sustaining economic environment for oracle providers and users."
Problem Statement
"The integration of reliable real-world data into blockchain networks is often hindered by centralized control points, limited scalability, and high operational costs associated with traditional pay-per-query models. These challenges restrict the adoption and reliability of decentralized applications, impacting their effectiveness to enrich the Solana eco-system"
Solution
"SolOracles tackles these issues by implementing an innovative decentralized oracle network tailored for the Solana blockchain. By leveraging a unique token-based incentive system, our platform enables the minting and distribution of project-specific tokens, eliminating the need for costly pay-per-query fees. This not only reduces operational costs but also enhances data reliability and scalability. Our approach ensures that data providers are fairly compensated and incentivized, which in turn supports the creation of robust, efficient, and trustworthy dApps across various sectors, including finance, insurance, and gaming."
SolOracles Foundation
Christian Liz-Fonts (Founder & Lead Developer, Acting CTO)
With deep roots in the blockchain sector since 2011, I bring extensive coding experience with a robust tech stack including VanillaJS, ReactJS, Python, and profound knowledge of Rust, crucial for developing on Solana. Beyond technical prowess, my experience includes supervising a customer service department in Massachusetts and managing multiple startups, providing a solid foundation for leading complex projects in the blockchain domain.
Jan C. Liz-Fonts (Chief Marketing Officer)
Jan brings a wealth of experience in community engagement and strategic marketing within the blockchain space. As a former community manager for Lisk and LightCurve, where Lisk reached a peak ranking of #14 among global cryptocurrencies in 2017, Jan possesses deep insights into market dynamics and community building thus driving user adoption which is critical for expanding SolOracles' visibility and fostering a strong user base. His role at SolOracles will focus on leveraging his extensive network and marketing skills to ensure our innovative solutions resonate globally.
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