Berry Data Partnered with Spola Labs
On September 27th, we are excited to announce that Berry Data partnered with Spola Labs. Spola Labs is a pioneering company building a bridge between the sports industry and cutting-edge Web 3.0 technologies. As a Web 3.0 infrastructure, we are willing to collaborate with such project and co-building the booming Web 3.0 world. Berry Data will support Spola Labs with oracle services.
About Spola Labs
Spola Labs plans to use NFTs and other web3 native products to bring sports fans with benefits, including future event tickets, VIP boxes, and other IRL premium opportunities. Spola Labs would use web3 products like NFTs to empower sports business opportunities and market IPs, eventually realizing value-add to both consumers and industry and facilitating a paradigm shift within the sports businesses.
About Berry Data
Berry Data is a transparent community-veriﬁed price oracle on BSC (Binance Smart Chain). Berry Data provides a trustless and decentralized alternative for off-chain data. Also, it provides the infrastructure for decentralized applications to query off-chain data by properly incentivizing miners to provide data.
Berry Data is an oracle system where parties can request the value of an off-chain data point and miners compete to add this value to an on-chain data bank, accessible by all dApps on Binance Smart Chain (BSC). The inputs to this data bank are secured by a network of staked miners. BERRY utilizes crypto-economic incentive mechanisms, rewarding honest data submissions by miners and punishing bad actors, through the issuance of Berry’s governance token, BRY, and a dispute mechanism.