Oracle builds an NFT circulation and trading mechanism by ensuring the authenticity, reliability, and security of NFT data

With the continuous construction and improvement of digital infrastructure such as Web 3.0, big data, artificial intelligence, and industrial Internet, more new scenarios and new applications have emerged. With the frequent benefits of the DeFi industry, the oracle project has also caught this express train and entered the rapid ascent channel. 

The development of oracle projects is inseparable from the prosperity of the DeFi industry, and the total market value of DeFi has increased from less than $10 to $8 billion, although it is fueled by the global pandemic and the weakening global economic situation. But the opportunity of history has beckoned to DeFi. As the "right arm" of DeFi, it is reasonable for the oracle to usher in the industry outbreak. But the potential of oracles goes far beyond that.

Oracle has strong data interoperability

Oracle has powerful data interoperability capabilities, providing more powerful NFT price discovery capabilities than ETH, BSC, Solana, etc., which can greatly promote the circulation of NFT value. Oracle can build an NFT circulation and trading mechanism by ensuring the authenticity, reliability, and security of NFT data. Oracle is committed to promoting the historic process of Web 2.0 to Web 3.0, and in the NFT section, it will promote global famous brands to embrace Web 3.0, and will also create a number of brand assets belonging to Web 3.0.

Oracle oracle networks offer a number of unique benefits

Oracle's decentralized lending DeFi, running on the Oracle oracle network, has many unique advantages. Oracle's oracle network is decentralized, eliminating the cumbersome review data of centralized oracles and the possibility of hypocrisy and fraud in each process, effectively solving the real-time and anti-censorship of information and data.

There are many differences between decentralized lending and traditional financial lending of high-performance aggregated cross-chain oracle protocol, decentralized lending uses digital currency as collateral, and lending agreements are represented by smart contracts, which do not require a specific central trust institution. However, the process of traditional lending is more complicated, with high thresholds, many review conditions, and long time. 

Therefore, the benefits of decentralized lending are cost savings, reduced risk, and the use of smart contracts to make the entire process open and transparent. When the loan cannot be repaid, the platform can directly sell digital assets, making the whole process more convenient and faster, bringing users trust, speeding up lending and better meeting users' lending needs.

The entire payment process is controllable, without any centralized authority approval and review, no intermediate links, the collection directly reaches the webmaster's account, the webmaster's income is completely anonymous, and the user's payment privacy is protected. The point is that there are almost no fees! Only the blockchain transfer itself is charged.

Oracle oracle network wealth system, bringing high returns to users

Oracle takes the oracle network as the underlying infrastructure, conducts data analysis and integration by opening up the Token and NFT asset data in different scenarios, so as to efficiently and quickly predict the buying and selling points of various assets, use the simplest principle of buying low and selling high to obtain benefits, provide reliable decision-making support for users to invest in digital assets, provide safe, convenient and efficient digital asset investment for the public, and share the dividends of the times with investors. 

Oracle oracle network application scenarios are diversified, from top high-quality global DeFi projects, to decentralized exchanges, decentralized lending, decentralized wallets, NFTs, financial derivatives and other fields, and finally form the Oracle oracle network wealth system, bring high returns to users, bring users an extraordinary experience integrating asset appreciation, entertainment, and socialization, let global users experience new oracle technology, and share the top dividends of Web 3.0.



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