The $GORA Token IDO

In an exciting culmination of months of preparation and anticipation, Goracle is proud to announce the launch of its $GORA token through an Initial DEX Offering (IDO). This significant event marks a pivotal moment as we embark on a mission to revolutionize the industry with our oracle solution.

About Goracle

Goracle is a decentralized blockchain oracle originally built on the Algorand blockchain. We empower developers and enterprises to create cutting-edge and reliable decentralized applications by bridging the divide between traditional systems and blockchain networks.

Token Distribution

The $GORA token is designed such that it allows the holder to take part in important decisions, stake in Goracle, take part as a node runner, pay for data/computation as a consumer, and obtain value from the network effects of increasing usage of Goracle.

Utility

• Purchase of data and computational power: customers use the $GORA token to purchase services such as:

-Arbitrary data ( e.g. VRF number, or an API Call ).

-Computational Power,

-Subscription Services

• Participating in Consensus: validators fetch data from the Goracle system to ensure data is accurate. Each time a node runner participated in consensus, they are rewarded in $GORA token.
• Delegating Votes: for community members who do not want to run nodes they may still delegate their tokens to staking providers, such as one of our many partners Validatrium. The Goracle system has built-in support for delegating votes without handling over tokens to the staking providers.
• Governance: each quarter there is a governance period where the community will be able to vote on changes to the protocol. To participate in governance, community members must take a certain amount of tokens for the entire governance period. Each token allows for one vote on each proposal.

IDO Overview

🗓 Date: Wednesday, June 28th, 10:00 A.M. UTC

🗺 Location: we are launching on the following launchpads

• Tokensoft: Goracle Portal . A well known IDO platform with successful project launches such as The Graph, Tezos & Hedara Hashgraph

Connect wallet to website to enter public sale

• Poolz: Poolz — Invest in the future leaders of Web3 . A well known IDO platform with successful project launches such as SingularityDAO
• Connect wallet to website to enter public sale

FAQs

• Public Sale Token Price: $0.45
• Initial Circulating Supply (TGE): 1,292,500.00
• Initial Market Cap (TGE): $581,625.00
• Fully Diluted Market Cap: $45,000,000 (Vesting over 10 years)

Conclusion

As the $GORA IDO token launch day arrives, on June 28th, 2023, we stand at the precipice of a new era. With enthusiasm and determination, we invite investors, enthusiasts, and the wider community to join us on this transformative journey. We envision a future where our project plays a pivotal role in shaping industries, driving innovation, and making a positive impact on a global scale. Additionally, we are proud to have renowned advisors who bring invaluable insights and guidance, propelling us towards achieving our vision

Disclaimer

The information provided in this document is subject to change and is currently undergoing a Tokenomics audit. The audit process involves a thorough review of the Goracle’s Tokenomics model, but it is important to acknowledge that the audit is not yet finalized, and this is not financial advice.

The project team reserves the right to make changes, updates, or amendments to the Tokenomics structure, as deemed necessary or appropriate, to align with project goals, regulatory requirements, market conditions, or any other factors that may impact the project’s success.

For more information about Goracle, visit our Linktree.