Please read our Coin Listings Disclaimer. Learn More · Hide This

ROOM Price
$0.02170
-1.82%
24H Price Chart
Market Cap
$271.11K
24H Volume
$62.96K
Circ Supply
12.49M
Table of Contents
Blockchain Sectors

Source: ROOMUSD Chart by TradingView

About OptionRoom

OptionRoom is a governed oracle and forecast protocol built on Polkadot. Its aim is to create a scalable protocol with multiple use cases: from oracle as a service to limitless event derivates.

Protocol Features:

OaaS: User governed Oracle as a service: OptionRoom has the ability to serve as an OaaS — Oracle as a Service where oracle requests are solved by governance.

User governed forecast market protocol: OptionRoom allows users to create and participate in event derivatives that are pegged to real-world outcomes by governance consensus

Dual token model: Dual token model: ROOM serving as the utility token of OptionRoom and COURT serving as the governance token of the protocol.

Governance staking and authenticity score: Users stake their court for an increasingly higher authenticity score, meaning more voting power. Honest governance participants are rewarded with ROOM while dishonest participants are punished.

LP mining: The governance token COURT can only be obtained by providing liquidity/ staking the utility token ROOM

Self-sustainable and community based: Protocol fees fuel a buyback mechanism. The founders of OptionRoom receive no percentage of the protocol fees.

Built on Polkadot: OptionRoom v2 is planned to be built on Polkadot.

User incentives: OptionRoom rewards protocol and governance participants. Pools creators get rewarded with a percentage of the pool winnings, creating an incentive to promote their pools.

Reward buffer pool: Excessive fees generated from the protocol are diverted to a reward buffer pool to be used as protocol rewards reducing inflation.

Multiple use-cases: OaaS, limitless prediction markets, decentralised polls, dispute resolution, decentralised surveys, curated lists — are some of the use-cases of OptionRoom’s architecture

Simetri ROOM Report

ROOM Network & Signals

Powered by

OptionRoom Organization & Team

Marsel Adawi
Marsel Adawi

CEO

Wajed Afaneh
Wajed Afaneh

CTO

OptionRoom Recent Tweets

All images, branding and wording is copyright of OptionRoom. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView.