1. Home
  2. ICO Base
  3. Oracles

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
Raised 16,137,697 USD
Legal
ICO Platform No
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 scores
Score
Status
Hype score Medium Active
Risk score Low Active

Funding Rounds

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

Rating Review and Analytics

Investment rating Info NA
Hype score Info Medium
Risk score Info Low
Oracles ICO Contacts
Website

Ended

Raised: $16,137,697

Start ICO 30 Nov 2017
End ICO 31 Dec 2017
Token POA
Price 1 POA = 0.1 USD
MVP Only design
Whitepaper View
Oracles rating widget
Rating Get this widget
ICOs that might interest you

Status TBA
Hype score High
Risk score Medium
Investment rating Risky


Status TBA
Hype score High
Risk score NA
Basic Review NA


Status TBA
Hype score Medium
Risk score Medium
Investment rating Risky


Status TBA
Hype score Low
Risk score Medium
Investment rating Risky+