June 17, 2022 - 3 min read
SupraOracles is excited to partner with MADworld, an NFT marketplace building the first infrastructure layer in the multiverse to connect digital and physical ownership on the blockchain. MADworld is banking on expanding the utility of NFTs, which also helps integrate physical collectibles.
MADworld relies on its native token, UMAD, to integrate into the NFT space a new artwork trading mechanism that a DAO sustains. In addition, the DAO functions as a network verifier. Thus, MADworld requires new data input to ensure NFT validity and promote off-chain and on-chain concurrency.
SupraOracles’ decentralized oracles can ensure NFT data is accurately inputted into the MADworld marketplace. By default, the oracle network established by SupraOracles can create network ties between off-chain and on-chain assets in the physical and digital world to ensure the ecosystem thrives in price accuracy.
In that regard, SupraOracles’ oracles can ultimately unlock the full potential of MADworld by setting strict parameters and possibly interlinking NFTs from outside the current ecosystem.
Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“MADworld is proposing a revolutionary ecosystem that brings value to the entire artwork industry, not only to the digital artwork. SupraOracles can accommodate and facilitate highly accurate data and price feeds to ensure MADworld’s platform integrity is maintained.”
SupraOracles aims to bridge the gap between traditional capital markets and the web3. Our primary goal is to deliver a new Oracle toolset to the developer community, allowing them to quickly build, deploy, and manage data applications with greater performance, robustness, and agility.
Our team comprises experts in consensus mechanism design, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, Ph.D. academics, big 4 consulting, blockchain/DLT, and DeFi.
SupraOracles wants to address the Oracle issue and eventually power the future of finance in partnership with our developer community and an expanding number of partners.
MADworld is a groundbreaking decentralized autonomous organization that will combine NFT and near-field communication technology, along with live experiences and artist creations, by merging digital and physical worlds. The Multiverse Artist Defender (MAD) aims to support creators and their intellectual property across digital metaverses — guaranteeing their creations are protected.
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