December 23, 2021 - 2 min read
SupraOracles is pleased to partner with DeFi11, a DeFi-powered gaming ecosystem for the NFT virtual world, fantasy sports, P2P predictions, and the gaming marketplace. The entire platform makes use of a chain-based agnostic solution — with the help of a decentralized mobile application — along with a built-in smart wallet.
In the DeFi11 app, the backend data is used for accessing relevant statistics, player information, and result declaration, so data is fetched from multiple sources and data service providers that can be unreliable at times. As a result, this can lead to delays and other issues that reduce the overall quality of the user experience.
Utilizing a decentralized oracle to sync with the app’s backend can create a much better solution for avoiding these types of issues. It will allow the application to receive important statistical data from multiple reliable sources. Moreover, it also ensures running a consensus while feeding the system with normalized data values.
Ritam Gupta, CEO of DeFi11, commented:
“We are immensely pleased to have partnered with SupraOracles as their comprehensive services will offer us the opportunity to effectively engage with our target audience and serve them better throughout. We also strive to make the overall virtual gaming experience interactive and exciting for our users.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“DeFi11 is a great example of an exciting gaming ecosystem for fantasy games and the NFT virtual world. As such, it will require access to relevant data and statistics from off-chain data sources. We take pride in providing DeFi11 with services that will allow them to receive important data and continue entertaining the audience.”
SupraOracles is committed to bridging the gap between the Web3 ecosystem and conventional capital markets. Our mission and vision are to empower the modern developer’s community with a novel Oracle toolset such that they are able to effectively create, manage, and deploy data applications with top-notch performance, agility, and robustness.
Our innovative project is given support by experienced professionals having ample expertise in the field of randomness research, consensus mechanisms, investment banking, real-time data-based services, conventional stock exchanges, digital securities, DeFi, DLT & Blockchain, and big 4 consulting.
With the help of our highly supportive developer community and increasing list of relevant partners, SupraOracles is committed to solving the overall oracle dilemma along with the future of the finance world.
DeFi11 is a Defi-powered gaming ecosystem for supporting the NFT virtual world, fantasy sports, P2P predictions, and the entire virtual gaming marketplace. The platform runs on the revolutionary chain-based agnostic solution with a decentralized mobile application along with a built-in smart wallet.
DeFi11 serves to be the world’s first-ever DeFi-powered gaming ecosystem for solving a wide range of problems associated with centralized fantasy sports applications. It offers decentralization, user anonymity, P2P transactions, and manipulation.
Get news, insights, and more.
Sign up for the SupraOracles newsletter for company news, industry insights, and more. You’ll also be the first to know when we come out of stealth mode.