December 13, 2021 - 2 min read
SupraOracles is excited to expand its partnering bodies with Ink Finance, to expand the financial possibilities of the growing net economy. Ink Finance is a DAO governance module purposed to enable multiple blockchain governance actions, combining multiple blockchain agnostic and heterogeneous assets into known and usable financial products.
SupraOracles will assist Ink Finance to provide accurate valuation when digital assets from multiple metaverses become transactable in a known financial environment. SupraOracle becomes the adhesive component that enables the appraisal of new assets, leading to a new net economy. Moreover, SupraOracle will assist DAOs formed on Ink Finance that manage blockchain mining operations, whether it is PoW or PoS, with accurate and status changes. In essence, SupraOracles will empower DAOs to tap into liquidity-backed mining assets through Oracle’s valuation anchoring.
Finally, Ink Finance will host independent nodes on SupraOracles offering accurate art price feeds to offer credible and trusted artwork predictions. With the new net economy and Web 3.0 taking shape, Ink Finance will use the trusted SurpaOracles to guarantee the deployment and implementation of new decentralized investment financial models for the new digital landscape.
Tony Tang, CEO of Ink Finance, stated:
“Web2 has reshaped finance. INK will help Web3 to reshape financial institutions.”
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “The rapid expansion of Web 3.0 among decentralized systems creates an immediate need to offer accurate and reliable data sources from across the network. Ink Finance has a comprehensive vision about the new net economy, and we are excited to offer them the necessary tools to help achieve their vision.”
SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.
Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.
Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately power the future of finance.
A gold standard of Financial DAO governance, a Financial SaaS built on blockchain, with the most comprehensive financial engineering tools to support on-chain issuance, settlement, clearing, and analysis of Non-Fungible Financial Products. It will enable the financialization of metaverse NFTs, the tapping of DeFi liquidity by venture funds, and the transformation of the Web2 finance regime to that of the Web3 era.
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