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Author: CryptoNinjas.net

Decentralized oracle network for Algorand blockchain Algoracle closes $1·5M seed round

Algoracle, a decentralized oracle network that links the Algorand blockchain to the physical world, announced today it recently closed a seed funding round for $1.5 million (USD) to help accelerate the development and launch of Algorand’s native decentralized oracle network. Algoracle’s seed round was led by Borderless Capital, with major contributions from the Algorand Foundation, Valhalla Capital, and Big […]

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Algorand-built social dApp 2i2i to ensure decentralization with Algoracle

Author: CryptoNinjas.net

Ethiopia

Source: CryptoNinjas

Apr 20, 2022 11:15

Algorand-built social dApp 2i2i to ensure decentralization with Algoracle

Algorand’s first peer-to-peer social dApp 2i2i announced it will integrate with Algoracle, Algorand’s first decentralized oracle network to help ensure a decentralized communications platform for users. 2i2i is a social dApp that allows users to earn coins by meeting with other users. 2i2i is built on the Algorand blockchain. Algoracle will provide computation abilities for […]

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‘Algoracle’ Fills Much Needed Gap in Algorand DeFi

Author: Nick

Russian Federation

Source: CryptosRus

Apr 13, 2022 11:05

‘Algoracle’ Fills Much Needed Gap in Algorand DeFi

Algoracle will be the first oracle to ship on Algorand. Covered: The Importance of Oracles Algorand’s Custom, Native Solution Partnerships with Prismatic, Glitter Finance The Importance of Oracles Oracles are a vital element of DeFi. The most popular oracle is Chainlink, which has the meme-reputation of partnering with absolutely every project. This is because oracles […]

The post ‘Algoracle’ Fills Much Needed Gap in Algorand DeFi appeared first on CryptosRus.

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Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds

Author: CryptoNinjas.net

Ethiopia

Source: CryptoNinjas

Mar 02, 2022 12:20

Algorand cross-chain bridge platform Glitter Finance to utilize Algoracle data feeds

Algoracle, a decentralized oracle network built on the Algorand blockchain, announced today a partnership with Glitter Finance, a cross-chain bridge that allows the redeployment of a portion of locked tokens (collateral) on one chain into yield-generating vaults on another chain. The Glitter Finance team will utilize Algoracle data feeds for its network on the Algorand […]

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