Charli3 is a decentralized oracle network on the Cardano blockchain providing scalable and secure off-chain data. More
| Fully Diluted Valuation | $3.83M |
|---|---|
| 24H Trading Volume | $274 |
| 24H Low / High | $0.04 / $ 0.04 |
| Circulating Supply | 35.67M |
| Total Supply | 100.00M |
| Max Supply | ∞ |
| Categories | Cardano Ecosystem 3 more |
|---|---|
| Founder | Damon Zwarich |
| Website | charli3.io Whitepaper |
| Socials | 1 more |
| Chains | Cardano Ecosystem |
| Explorer | Cardanoscan 1 more |
| Contracts |
8e513....0e15a
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| Name | Pair | OG Score |
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An oracle is a service that connects blockchain smart contracts with real-world data. This allows smart contracts, which are digital agreements on a blockchain, to function based on accurate, off-chain information.
What is Charli3?
Charli3 is a decentralized oracle network built for the Cardano blockchain. Unlike oracles on Ethereum, which often face issues like slow transaction speeds and high fees, Charli3 uses Cardano’s technology to offer faster, cheaper, and more reliable data for smart contracts.
Why Charli3 is Better
Ethereum-based oracles can process only 15 transactions per second, leading to delays and high costs. Charli3 solves these problems by using Cardano’s more efficient system, making it better suited for both everyday users and larger institutions.
Role of C3 Tokens
C3 is the native token of Charli3. Node operators, who provide data to the network, must stake C3 tokens to participate. Accurate data providers are rewarded, while those who fail face penalties, ensuring trustworthy data streams.
The Charli3 Team
Charli3 is supported by a team with expertise in various fields, including finance, healthcare, and blockchain. The Chief Marketing Officer, Damon Zwarich, has a strong background in marketing and research, contributing to the platform's growth.
Conclusion
Charli3 offers a decentralized, reliable, and cost-effective oracle service on the Cardano blockchain, addressing key issues found in other oracle networks and supporting the growth of smart contracts.
Charli3 is unique as it is the first decentralized oracle network built on the Cardano blockchain, offering faster, more scalable, and cost-effective solutions compared to Ethereum-based oracles.
The founders of Charli3 include a team of experts with diverse backgrounds, with Damon Zwarich serving as the Chief Marketing Officer, bringing experience in marketing and academic research.
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