As a user, I understand the problem and the technology they plan to utilize to solve it. I also appreciate that this product is not solely focused on providing a Web 3.0 solution but is also usable within the Web 2.0 environment, which is a rarity among crypto projects.
Key advantages include:
They are addressing a genuine problem using a clear and comprehensible mechanism. The project is driven by an experienced team. There is a track record from both Web 2.0 and Web 3.0 worlds. The presence of another oracle, Chainlink, among the investors, lends additional credibility and serious intent to the project. However, some areas are less clear:
It's not entirely clear how the consensus algorithm between data providers will operate. Details regarding penalties for false data and the internal workings of this system would be beneficial. It would be helpful to see some calculations in the pitch deck about anticipated token demand once a certain number of clients (or oracle queries) is reached. Show Less