“Do you still have faith in blockchain?”
OracleChain, which is facing up to the blockchain ecological demand, has been focusing on the development of the Oracle machine since its establishment in June 2017.
In early September 2018, we have released a lucky draw application — “Golden Autumn Gifts” based on Oracle machine, and it was top five in terms of activity in EOS Dapp during launch.
We use the original PoRD mechanism to launch this product — “Golden Autumn Gifts”, which combines the data demanders, intelligent contracts and data providers together, and successfully avoids the possible malicious manipulation in the traditional centralized lucky draw. Once launched, it caused a strong response in the community and won unanimous praise from users.
After six months, OracleChain is about to launch a new application of predictive machine — blockchain belief map.
So what exactly is “blockchain belief map”? It’s as simple as answering the question, “Do you still have faith in blockchain?”
In the app, users can submit their faith value about the blockchain every six hours, along with their province. The faith value ranges from -100 to 100, and the higher the value is, the more faith the user has in the blockchain. All the faith value data submitted by users will be linked to ensure its transparency and authenticity.
Moreover, users submit their belief value every time, they will receive a basic reward — 0.0001 OCT. If users mortgage OCT, they will receive a 0.0062% reward (9% annualized) additionally of the mortgage amount after each submission. The more OCT you mortgage, the more you will receive.
At the same time of mortgaging OCT, if users fill in the inviter for the first time when submitting the belief value, they will receive a 0.0003% reward(0.5% annualized) of the mortgage amount for each submission, and the inviter will also receive a 0.0003% reward(0.5% annualized).
Through this application, we collect each person’s faith value for the blockchain, calculate the national blockchain belief index, thereby we will show the regional display by the current national map.
Besides that, the third parties interested in the application can also use the national blockchain belief index via a smart contract subscription.
This application has been officially launched in PE wallet and other EOS related digital wallet. Open the wallet and enter the discovery page to participate in the blockchain belief map application, you can quickly submit to view the blockchain belief value of your city! (When submitting a faith value, remember to fill in your friend’s invitation code for extra rewards!)