Introduction to Oracle Base.

The great war has begun.

Centralization vs. Decentralization.

Old Money vs. New Money.

but...what does this mean for you?

Well….it means opportunity for you. If… you are so inclined to act on it.

What if I were to tell you that the flow of information in the future is to be transmitted fully autonomously, in real time and unfettered by the filters of the mainstream media machine.

Would you say that a mechanism like this could have great value?

Of course you would, and that is the exact same reason that oracle technology has quickly become one of the most funded sectors in the blockchain technology space.

So what does this mean for you?

Let’s assume for a second that you aren’t devoting dozens of hours a week staying up to date on the latest juice of the crypto world.

Introducing Oracle Base

Elastic. Oracle. Ecosystem.

First things first…

Elastic?

Ah, yes a little trick called elasticity, crazy what one can do with programmable money.

OracleBase is built on an elastic supply protocol which automatically extends/contracts token supply to accomplish target value balance. OracleBase objective price is one billionth the absolute market capitalization of all Oracle Coins: (Cryptoslate) x 0.1¹². At the point when OracleBase market cost = (Cryptoslate x 0.1¹²).

Supply expansions / contractions are called rebases.

Rebases occur when OracleBase market price ≠ (Cryptoslate x 0.1¹²).

‍When it is > (Cryptoslate x 0.1¹²), expansion rebase occurs. When it is < (Cryptoslate x 0.1¹²), contraction rebase occurs. Expansion creates new supply, decreasing scarcity and driving price down its target. Contraction destroys supply, increasing scarcity and driving price up to its target.

and in English this means that our tokenomics are designed for our token holders to prosper with the growth of the oracle technology sector.

Oracles?

ChainLink, Band Protocol, DIA, API3, Augur, Nest Protocol, OraiChain, Bridge Oracle, OptionRoom, Umbrella Network, Tellor​, Razor Network​, Zoracles, DOS Network, xFund, Oracle Chai and many more.

OracleBase will work with these oracle providers to build a comprehensive basket of assets to capture the oracle sector and create an index.

The Oracle Index is made up of 15 projects within the ecosystem. They have been chosen by our analysts as providing a selection of more established projects alongside smaller projects earlier in their growth trajectory. This project acts as a one-stop trading instrument which allows holders to speculate on the entire Oracle coins industry simultaneously, rather than just one token.

So how does this create an ecosystem, its just an index…

Holders of the OracleBase token will receive dividends from the assets that back the basket. As time goes on OracleBase will dollar cost average into these assets to back our token, the assets will be put to work in liquidity pools, revenue generated on a quarterly basis will buy back OracleBase tokens at market value, these tokens will then be evenly distributed to holders.

Our final goal is to offer oracle service bidding by building direct partnerships with oracle providers. OracleBase token holders would be able to bid for oracle services to their platform in one comprehensive marketplace.

OracleBase pre sale launches soon, come be a part of something.

Telegram: https://t.me/oraclebasetoken

Twitter: https://twitter.com/oracle_base

Website: oraclebase.co