SupraOracles - Decentralized Oracles

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31 Jan 2024

SupraOracles (SUPRA)

SupraOracles is a powerful blockchain oracle that helps businesses bridge real-world data to both public and private chains enabling interoperable smart contracts to automate, simplify, and secure the future of financial markets.
SupraOracles Token Sales Whitelist
Funding Round: $24M
Public Sale https://supraoracles.com/public-sale/

What is SupraOracles

SupraOracles is the flagship project by the Entropy Foundation. This Swiss-based (CHE.383.364.961) entity is bringing SupraOracles’ multi-helix ledger and DeFi applications to developers globally. This unit is uniquely positioned with PhDs and professionals with extensive experience in cryptography, enterprise integrations, IoT solutions, DeFi primitives, innovative consensus modeling, randomness research, and oracle research culminating in decades of product development and coding experience. The intersection of the different academic fields has been key to our technical breakthroughs to solve the oracle dilemma.
Supra Labs, Inc. is our product arm that is proudly led and advised by some of enterprise blockchain’s most notable figures. This SaaS unit is focused on the application of the SupraOracles technology within traditional finance and data services. The API and front end bespoke models are tailor fit to enterprise clients’ needs thanks to the acumen of our team.

Details

Public sales: Oct 25, 2023 - Oct 25, 2023
IDO (CommonFund Launchpad): TBA - TBA
IDO (StarLaunch Launchpad): Feb 08, 2023 - Feb 08, 2023
Token supply: 10,000,000,000 SUPRA
Total tokens for sale: 50,000,000 SUPRA
Raised: 24,000,000 USD

Legal

Country limitations: United States of America (including its territories), Algeria, Bangladesh, Bolivia, Belarus, Myanmar (Burma), Côte d'Ivoire (Ivory Coast), Egypt, Republic of Crimea, Cuba, Democratic Republic of the Congo, Iran, Iraq, Liberia, Libya, Mali, Morocco, Nepal, North Korea, Oman, Qatar, Somalia, Sudan, Syria, Tunisia, Venezuela, Yemen, Zimbabwe
Registration country: Switzerland
Registration year: 2018
Office address: Gubelstrasse 11, Zug,6300,,Switzerland

Token info

Ticker: SUPRA
Type: Utility-token
Token price in USD: 1 SUPRA = 0.042 USD
Accepted currencies: USDC
Token distribution:
31.00% for Block Rewards, distributed to validators for securing the oracle network
15.00% for the Foundation, to grow and nurture the SupraOracles and Web3 data ecosystem
15.00% for Founders, Team, Future Staff, and Advisors
15.00% for the Pre-seed, Seed, and Strategic Rounds, split evenly 5% each
10.00% for Ecosystem Fund, provides grants to devs and teams building on the platform
6.00% Public Sale
3.00% Private Round
2.50% for Legal, Marketing, and Administrative expenses
2.50% for Exchange Liquidity to grow the network

SupraOracles is a decentralized oracle network that allows smart contracts to access off-chain data in a secure and reliable way. Oracles are used in blockchain technology to connect smart contracts to external data sources.
In SupraOracles, the data is verified by a group of independent validators, which are incentivized to provide accurate data, this way it guarantees the integrity and authenticity of the data. SupraOracles allows for the creation of custom oracles that can be used to access various types of data, such as stock prices, weather data, or even social media data.
SupraOracles aims to provide a more efficient, secure, and transparent way for smart contracts to access off-chain data. It is built on top of the Ethereum blockchain and uses a decentralized governance model to ensure that the network is maintained and upgraded in a fair and transparent way.
In summary, SupraOracles is a decentralized oracle network that allows smart contracts to access off-chain data in a secure and reliable way by using a group of independent validators and a decentralized governance model.