Currencies
7315
Market Cap
$ 2.49T
-3.77%
24h Spot Volume
$ 173.62B
-2.39%
BTC Dominance
41.43%
-1.73%
Orao Network [ORAO]
 
Rank: 947
Token:
EthereumPolkadot
USD 0.223
50.19
BTC 4.05e-6
58.62
ETH 0.0000567
57.53

Orao Network is a Polkadot native oracle service for custom data feeds.

Market Cap

$ 10,312,044
Ƀ 187
ATH: $ 10,364,135 

24h Trade Volume

$ 2,886,192
Ƀ 52.37
ORAO 12,944,709

Supply

Circulating:
ORAO 46,250,000(4.63%)
Total:
ORAO 1,000,000,000
Max:
ORAO 1,000,000,000

All-Time-High (ATH) Price

$ 0.224 (11 May 2021)
Ƀ 4.07e-6 (11 May 2021)
ETH 0.0000613 (03 May 2021)
From ATH: -0.5%

Orao Network (ORAO) is a cryptocurrency token generated on the Ethereum blockchain.

The max. supply of Orao Network that will ever be issued is 1.00 Billion tokens, and the current supply of ORAO in circulation is 46.25 Millions tokens.

Current Orao Network price is $ 0.223 moved up to +50.2% for the last 24 hours.

All time high (ATH) price of Orao Network reached $ 0.224 on 11 May 2021 and fallen -0.5% from it.

Orao Network's share of the entire cryptocurrency market is 0.00% with the market capitalization of $ 10.31 Millions.

Orao Network’s 24 trading volume is $ 2.89 Millions. It is trading on 3 markets and 2 Exchanges the most active of them is Gate.io.

Find more details about Orao Network cryptocurrency at the official website and on the block explorer.

Orao Network Price Chart

Orao Network price Index provides the latest ORAO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Orao Network to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Orao Network Performance USD

PeriodChangeChange (%)HighLow
24H$ 0.0745+50.2%$ 0.223$ 0.145
7D$ 0.0763+52%$ 0.223$ 0.121

What is Orao Network

Orao Network is a Polkadot native oracle service for custom data feeds. Its substrate based blockchain provides a large variety of secure data at high speed in real-time, everything from local weather data to the outcome of football matches with maximum scalability for any blockchain.

The ORAO Solution

  • Predefined Data Protocols
  • Machine Learning with Tensor Flow
  • Auction System and Reputation
  • Cross-Chain Interoperability with Polkadot


Use Cases

Esports

By providing the outcome of an esports match we can fuel dapps without involving a third party. Smart contracts can be set up which query oracles after the end of a match to find out the outcome and then distribute payments accordingly

Weather

Similarly, an insurance contract can insure a farmer against years of low precipitation - easy enough for a smart contract to query data providers and find out how many inches of rain have fallen between two dates in a particular region. If there has been a drought, payments can be made directly without delays for insurance company claims adjusters to inspect the farmer's yields

And much more

Earlier Oracle platforms have understandably focused on financial data; mainly price feeds, due to technical limitations. ORAO introduces Data Protocols, which enable a large variety of new data products for providers to sell.