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ROOM Price
$0.00095
-9.88%
Market Cap
$11.84K
24H Volume
$31.95K
Circ Supply
12.49M

ROOM Market Stats

  • Price $0.00095
  • 1H Change +3.13%
  • 24H Change -9.88%
  • 7 Day Change -6.87%
  • All-Time High $0.00001
  • % From ATH -4.77%
  • ATH Date Feb 27, 2022

ROOM Explorer

OptionRoom Info

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

OptionRoom Technical Info

OptionRoom Organization & Team

OptionRoom
Marsel Adawi

CEO

OptionRoom
Wajed Afaneh

CTO

OptionRoom Intel

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