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Oracles

IT

Overview

Oracles Network is the first Ethereum-based public network with Proof of Authority consensus, reached by independent validators.

Features

1. Proof of Authority. Proof of Authority (PoA) is an alternative consensus mechanism, which does not depend on the nodes solving arbitrarily difficult mathematical problems, but instead uses a set of "authorities" - nodes that are explicitly allowed to create new blocks and secure the blockchain.
2. Validator. Validators on Oracles Network are the known people who validate the blocks.
3. Master of Ceremony. The Master of Ceremony is the initiator of a network. Using the Ceremony DApp, the Master of Ceremony creates 12 initial keys and distributes them to individual validators. Validators then replace initial keys with a new subset of keys. This initial ceremony launches the network.

Crowdsale

Token Sale
ICO start date 30 Nov 2017
ICO end date 31 Dec 2017
ICO token supply 252,460,800
Hard cap size 30,516,800 USD (fiat)
Raised 16,137,697 USD
Token details
Ticker POA
Type Cryptocurrency
Additional Token Emission No
Token distribution

70% - Purchasers

10% - Founders

10% - Foundations/Legal

5% - Partners, advisors

Funds allocation

75% - RandD

10% - Marketing

8% - Operations

4.5% - Legal

2.5% - Tokensale fee

Ratings

Type of ratings
Rating
Status
Risk score
Low
Active

Funding Rounds

Fund
Status
aum
Strategy
Live $20,000,000
Venture

Exchanges

Exchange name
Country
Volume 24H
Pairs
Hong Kong $394.7M 426
B
Switzerland $199.8M 227
B-

Rating Review and Analytics

Investment rating Info NA
Hype score Info Low
Risk score Info Low
Oracles ICO Contacts
More on ICO

Ended

$16,137,697 Of $30,516,800 (193%)

Start ICO 30 Nov 2017
End ICO 31 Dec 2017
Token POA
Price 1 POA = 0.1 USD
MVP Only design
KYC No
Whitepaper View
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