A privacy-enabled scalable blockchain network for Decentralized Finance and a Responsible Data Economy.
Oasis is building a new blockchain protocol focusing on all data's privacy, scalability, ability to build private smart-contracts for lending, undercollateralized loans, and private automated market makers. Oasis also enables users to tokenize their private data to sell it to the apps that need this data for any purpose.
The ICO is planned through the staking of USDC/USDT in the protocol for one month and receiving a farming reward for this staking. All USDC/USDT contributions are returned after one month, so the price for ROSE tokens (native for Oasis protocol) is only the alternative yield the staker can receive for his USDC/USDT in another staking protocol.
The ICO is organized via Coinlist so we consider it a low-risk ICO in terms of fraud or scam.
The maximum contribution is $2000. All participants must comply to the Coinlist KYC. Participants from the US, Canada, and China are not supported.
All earned ROSE tokens are subject to a 40-day lockup period.
Oasis has reliable support from Tier-1 blockchain investors, including A16z, Accel, Polychain, Pantera, Binance, Huobi, Kenetic, and Winklevoss. This is a good sign of the quality of the project and team behind it.
The major exchanges' presence is also raising the probability of listing the native Oasis token on these exchanges.
Hype score: medium
Risk score: low
Pro: Strong team and product; Excellent investors' board; Coinlist listing
Contra: Low personal allocations; Long lockup period for Rose Cultivate participants; Previous Coinlist staking project - Nucypher attracted $126m+. If Oasis can attract comparable amounts, this will most likely lead to very low profitability since the number of tokens in the farm pool is fixed
Conclusion: There is an opportunity for a very high demand for this project and a stable growth of the Oasis token long-term. However, the profitability of the farming program will likely be quite low.
ICORating does not endorse or recommend any of the projects that are rated or listed on icorating.com. This site cannot substitute for professional advice and independent factual verification. ICORating does not provide investment, financial, or legal advice.
Private and Scalable DeFi - By bringing privacy and scalability to DeFi, the Oasis Network expands DeFi beyond early adopters to a mass market.
Tokenizing and Monetizing Data - The Oasis Network’s unique combination of confidential computing and blockchain enables a new paradigm called Tokenized Data.
The ParaTime Scaling Architecture - The Oasis ParaTime scaling architecture supports fast transaction speed, high scalability, and large workloads by separating execution from consensus.
|ICO token supply||10,000,000|
|Hard cap size||45,000,000 USD (fiat)|
|Additional Token Emission||No|
Type of ratings
Click vote if you want this project to be Post-ICO Rated.
The vote has been noted.