OptionRoom a user governed Oracle as a Service(OaaS) and forecast protocol built on Polkadot closes $200K seed round led by NGC Ventures followed by CMS Holdings, Spark Digital, Paka Fund, PNYX Ventures and NetZero Capital.
OptionRoom will be wrapping up a strategic investment round as the protocol looks forward to the TGE set for February.
NGC Ventures is one of the largest institutional investors of blockchain and distributed ledger technologies, and has been a key contributor to a number of leading blockchain projects. NGC will support with user acquisition and exposure in Asia.
CMS is a principal investment firm focused…
In anticipation of the Prediction Market product launch OptionRoom is hosting a market creation contest.
Suggest a prediction market by filling out this form: 👉🏽 https://forms.gle/jUB5qaqQ1Nv6fAnB8
The OptionRoom team will pick 10 suggested markets that win. Winning markets will be created on launch and winners will receive 500 ROOM each.
We are excited to announce that OptionRoom has successfully undergone an audit by the firm FairyProof. No severe issues have been found and recommendations have been successfully implemented. …
We are excited to announce a major milestone for the OptionRoom protocol. The OptionRoom governance token COURT has reached a total supply of 40,000 at block 12580565. This means no more COURT will ever be minted.
COURT tokens are currently distributed across 2200 holders across BSC and ETH.
The Forecast Markets Beta launch including the Governance module is just around the corner…
We are excited to announce the details of the OptionRoom governance token: COURT.
COURT tokens first become claimable and tradeable on 13 May 2:00 PM UTC. This article aims to explain the COURT token in detail.
Dear community, we are announcing that the early supporters (Seed and Private Round) of the $ROOM will begin their next daily vesting schedule on the 5th of June together with the protocol launch.
Thank you for your continuous support ❤️
We are excited to announce the launch of our Closed Beta Program and share the latest development updates with our community.
During the past weeks, we have been working hard to deliver the OptionRoom protocol on time, we are excited to announce that we are ahead of schedule.
We are excited to announce a partnership with UNION. This partnership will allow OptionRoom to solve arbitration disputes of oracle requests via decentralized, community governance. This will allow Polkadot-based UNION claims to be settled via OptionRoom’s arbitration process. Additionally, OptionRoom’s incentivized network of experts, aligned via reputation (authenticity) scores, can help validate that specific events occurred on Polkadot relating to UNION protection pools. OptionRoom’s limitless event oracles also future-proof’s UNION protection suite as the line of real-world outcomes blurs with pure digital outcomes.
Here is what the CEO of OptionRoom has to say about the partnership:
“We are excited about…
COURT is the governance token of the OptionRoom ecosystem ultimately required for participating in protocol governance including forecast markets, resolution, protocol proposals, Oracle as a Service — OaaS, and future products in the OptionRoom ecosystem.
We have adjusted the COURT mechanics from the whitepaper creating a dynamic relationship between ROOM and COURT.
Governance rewards will be paid out in ROOM tokens making the COURT token supply deflationary in nature.
OptionRoom — User governed oracle and forecast protocol built on Polkadot