RECAP#AMA1001
#AMA1001
CryptoFury x Oracula
⏰ Time: February 15th , 2:00 PM UTC
💰 Reward Pool : 200$
💎 Place : https://t.me/CryptoFury_Chat
Question for Part 1- Project overview:
- Can you briefly introduce yourself as well as Oracula? And from where you get the project name? What does it mean to you? And why you choose this name for your project? What is your mission and vision to build this project? What you want to achieve Through your project in future?
Julia
I’m Julia and I represent the Oracula project that stands out as a DeFi Prediction market which is created for bettors, blockchain enthusiasts and investors interested in placing their funds in a common liquidity pool.
if we go back to the ancient civilization, in many cultures for a long time people through the oracle (a place where divinations were given) wanted to find their place in the universe, trying to look into the future. The oracular centers were also used for divinations by birds, celestial phenomena, the entrails of animals, and dreams. It was used by all and played a decisive role in what actions both states and individuals took.
In modern language, an oracle is also understood as a predictor of the future, we saw a great connection in it with our idea, and that’s how our unique name Oracula was born.
Vision. By operating on decentralized blockchain networks, which will definitely be the personification of prediction markets for decades to come, we strive to make the most transparent, safe, entertaining and rewarding democratic platform that will bring only benefit to its users and investors.
Mission. Oracula team consists of the most skilled and amazing team of experts who have the goal to revolutionize the world of prediction by implementing something to the market that many users have been missing or haven’t seen before at all. By focusing our attention on improving usability on the social and entertainment aspect, we are creating a very exciting and extremely dynamic platform that will operate without third-party middlemen and enable people to monetize their interests.
2.Do you have any Coin Burn / Buyback systems or any Token Burn plans to increase the value of Token & attract Investors to invest?
Julia
yes, we have developed burn & buyback systems along with Governance where people will decide which mechanisms to turn on for healthy growth of the product. We have many interesting features to make our token profitable for long term hold
3.Users often care less about technology, but rather the value of the token. How do you manage to strike a balance between developing the technology and also improving the value of the token?
Julia
we’re going to us the most of the market could offer in terms of technologies and possibilities with maximum utility usecases for our token. So, it still will be attractive for short-term holders (flippers) but along the road we will implement so many features that we will get the most loyal and healthy community that will be looking for the growth with us. As we see this product as a future of betting and prediction markets
done with the third question, and ready for the next one!
Mila Pham
Thanks for the useful information you just shared. There are still many questions we need to ask you to answer. Let’s move on to segment 2 of today’s AMA session. Segment 2 includes the 5 best questions picked from our community. The guest will help us solve it
Question for Part 2: Pre-selected questions from our community
- Asia, Africa and other communities are Non-English speaking communities, how will your project create global adoption to more local communities ?
Julia
Our community is heart of the project and we really care about the growth of its users. Of course, one of our goals is to actively enter different markets, including Asian, and others. Oracula team is ready to provide full support, not depending on the user’s language. We are always here to help!
Mila Pham
Great 😍 I firmly believe that smart investors will not ignore this project
2.Some DeFi projects were recently “hacked” as per their explanations. How do you think these recent events on other DeFi products affects the trust by users? What can Your Project do in order to ensure crypto enthusiasts that DeFi is safe and reliable?
Julia
we value the security of our users when interacting with the platfrom and handling our token $ORACULA, that’s why we’ve put a lot of effort into providing our users with the maximum security and transparency of the platform. We’ve passed KYC and three audits, including Hacken, and moreover, all the transactions and processes on the platform can be tracked by the user himself.
Oracula team does not want to undermine the credibility of its investors and users.
3.Can you list the outstanding features of Oracula that you think are the strengths that will help Oracula succeed? In the future, will the Oracula token be developed with more utilities?
Julia
the core and most important feature is the disposal of extra element (middleman). Unlike centralized and online platfroms, Oracula operates on decentralized blockchain networks and is not designed to rely on a third-party middleman. Instead, we use hard-coded self-executing smart contracts to automate platform functions.
Also, the lack of a staff of analysts. Instead we will have dynamic independent coefficients formed by the players themselves.
Utility token $ORACULA is used to predict events outcome, create/supervise markets,providing liquidity, yield farming, and even governance mechanisms and many other unique features. Forecasting markets aggregate the different thoughts and opinions of people around the world, and just such forecasts are the most valuable and accurate.
Here you can see all our unique features that differ us from the other similar products on the market:
To conclude, we see this platform as a community-drivenproduct where you, as a holder, will be deciding about all of the exciting features to be developed, regulating fees, participating in votings for partnerships,burns, next milestones, deflationary mechanisms and wealth of the project.
Mila Pham
I firmly believe that this project is a reliable project for investors
4.Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners? Can anybody anywhere use this project without Any restrictions?
Julia
Oracula is definitely a global platfrom. It brings value to a wide range of people who share a common interest and affects various types of events. We’re not focused only on a certain market. Our goal is to unite a large number of people from different continents to grow and conquer the world of predictions together with us.
5.Many newbies want to learn project and are interested in blockchain technology, do you provide educational videos related to your project and blockchain technology guidelines? How friendly is your platform to new users?
Julia
thank you for this one!
We will have a number of articles describing work and usage of Oracula platfrom and it’s features. Along with that we have a highly experienced team working on the product to be the most user-friendly as possible and visually appealing interface on Oracula, by using the most promising and modern technologies in the world of cryptocurrencies.
We are sure that even users with zero experience will have no problems in understanding how to use our platform within a few minutes. Along with articles, we will have hints and tips within the platform and support team. So we think we will provide most easy and fun way to use of Oracula platform!
done with the last one
End of segment 2 and it looks like there are still a lot of questions left to be answered. let’s moving on to the most interesting part of today’s AMA.
In segment 3, there is 1 minute for all members of the community to ask questions and the guest will help us choose 5 typical questions to answer
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