Last March 21st, 2022, the Coinswap Space community held another successful Ask Me Anything (AMA) event on the CSS Telegram Channel where different questions were raised and answered.
The AMA this time was participated in by one of the most popular and secure blockchain-based DeFi prediction market platforms built for bettors and blockchain aficionados — Oracula. This platform offers a new world of entertainment with limitless opportunities to earn money by forecasting the outcome of any event in the world, including sports, esports, showbusiness, films, crypto, and much more.
Mr. Mark Anthony Wagan, CSS Digital Marketing Head, opened the AMA session by introducing the guest, Ms. Julia, Oracula’s marketing representative. As the person responsible for partnership arrangements and marketing, Ms. Julia discussed how the history of cryptocurrency was always telling on what stake it holds in the future of finance. She adored the notion that anyone may wager on real-world events and profit from them, based on the ecosystem’s transparency. And this is how she found her place in Oracula.
Without further delay, Mr. Elmer, CSS community manager, asked five questions provided by the community members. The following is a list of questions that Ms. Julia addressed in this AMA:
Question №1: What’s is Oracula all about? Please let us know in brief.
Oracula is a project focused on DeFi prediction markets that allow market participants to profit by predicting the outcome of any world event in a simple, fun, and interactive manner. You can bet on sports, esports, politics, entertainment, crypto, and many other interesting topics.
Oracula aims to address the lack of transparency and ensures that participants get the maximum benefit in a pure and fun way. We are not like any other centralized betting platform. Oracula is completely the opposite and is built on decentralized blockchain networks that are designed to function without third-party middlemen and with the usage of hard-coded smart contracts that automate the platform’s functions.
We’ve put much effort into making the best forecasting tool for bettors, blockchain enthusiasts, and investors interested in placing their funds in a common liquidity pool and gaining big profits from a very demanding and successfully developing industry.
Question №2: Can you list 1–3 killer features of Oracula that make it ahead of its competitors? What is the competitive advantage your project has that you feel most confident about?
To begin, there will be no intermediary or analyst providing you with the worst possible possibilities for your bets; instead, we will have dynamic independent coefficients created by the players themselves.
Second, in terms of tokenomics, we have a low initial market capitalization and will have a market capitalization of only $310,000 when our service launches. This demonstrates that the token has significant growth potential in comparison to its competitors, who have a greater market capitalization. As an example, the market capitalization of one of our competitors is currently $302,000,000. I hope you recognize our token’s potential and room for growth!
Finally, Oracula is a completely community-driven platform. Each user can track all transactions and processes on the platform personally. As Oracula is a governance token, everybody can decide on all exciting features to be developed, regulate fees, vote on partnerships. Holders can also participate in the next milestones, deflationary mechanisms, and the project’s wealth.
Question №3: ORACULA can be used to place bets on the platform? How’s this different from any other betting platform?
Oracula can be used to place bets and to create events on any kind of topic. Here’s a picture where you can see how Oracula differs from other platforms and how transparent it is.
Question №4: What are your plans for the $ORACULA token to remain valuable in the long run? Do you have incentive strategies for $ORACULA token holders?
$ORACULA is a utility token that is used to forecast the result of events, build or monitor markets, provide liquidity, yield farming, and even act as a governance mechanism. Forecasting marketplaces pool the diverse views and opinions of people worldwide, and just such forecasts are the most valuable and accurate.
Nobody feels abandoned or voiceless in the Oracula ecosystem. With a collection of $ORACULA tokens, you will be able to influence future platform upgrades, have access to exclusive NFT, and participate in private events with higher rewards.
Additionally, we have established burn and buyback systems, as well as governance, where individuals will select which mechanisms to activate for the product’s healthy growth. We have several unique qualities that make our token profitable over the long term.
We’re going to make the most of what the market has to offer in terms of technology and possibilities to maximize the utility of our token. Thus, it will remain interesting to short-term investors (flippers), but we will add so many features along the way that we will attract the most devoted and healthy community that is searching for growth with us. As we believe that this product is the future of betting and prediction markets.
Question №5: What are your top priorities towards the end of 2022 and the end of 2023, so can you share some plans for next year? Which part of the project are you most focused on right now? Please share more with us regarding your roadmap!
I would like to emphasize a few critical points from our next goals. Oracula will be officially listed on PancakeSwap on April 8. Our next plan is to deploy an early version of the platform and then collaborate with other projects. We’ve already begun negotiations with some incredible and well-known projects about potential collaborations. I should emphasize the following major milestones: cross-chain integration with Polygon, as well as features such as multi bets, team battles, live events, partner integrations, mutual events, CEX listing, microgames, among others.
On our roadmap, you can discover our future goals for the development of our platform. Our plan outlines the critical milestones and establishes the objectives for the near future. We have numerous plans and ideas, and we will make every effort to create the best product possible that will satisfy even the most demanding audience.
Ms. Julia thanked everyone for coming up with interesting questions and participating in the AMA. She encouraged them to learn more about Oracula by visiting the website at https://oracula.io/. Likewise, she invited community members to take part in Oracula’s IDO on the CSS spacePad platform soon.
The AMA with Oracula went well as expected. The CSS team and the Coinswap community are both pleased with the outcome.
The CSS team is looking forward to another forthcoming AMA session with other future IDO projects!