metadata: {"signature": "0xf89e5ad3f079e7b697ad122111c6ada3e7f59d837261d6742e6f265975cd0d063ae914a83931835b1899989df3bd71b0db61b5624b045861bdd8a29b6deb705f1b", "application": {"round": "0x8dce7a66e0c310f9f89e847dba83b2344d589161", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "reHoxpslMi9NazQfq1Z5R6fOzjwgSXJ9eYb6VQJUrwQxbyhWqK2Hp2BXvw/drZdJ", "encryptedSymmetricKey": "a87bf133ac73e740f8b3259f47917421b001999a7aea44988d2f4f86463dd3aeba9477e95a35486452dd39bb919ba8028e5c25db435857a467cdcb659635ab1806d0c40bcceaf5c15986a90db03d824fd24b192a091d07bc64839c54eada51b2dc257ee69b361f07a71df15a72ea9b55d6e3b6fe6c0962b81ee7e67fd0b2ce2a000000000000002094edf086d2daf1f59521021fb587c0dae65c6aa8538b3ae1f13b48bcff5d9858f8831b0b3a638d1e8a38bbdfd144d08b"}}, {"type": "short-answer", "answer": "Grants", "hidden": false, "question": "Funding Sources", "questionId": 1}, {"type": "number", "answer": "2", "hidden": false, "question": "Team Size", "questionId": 2}, {"type": "paragraph", "answer": "## Why we choose to deploy on Fantom\n\n- Robust Developer Ecosystem.\n- EVM Compatible chain.\n- Fantom high scalability and fast transaction confirmation between 1 - 2 Seconds.\n- Cheap Transaction Fee.\n- Fantom History of supporting Dapps & Developers.\n", "hidden": true, "question": "Why have you chosen to deploy on Fantom? ", "questionId": 3}, {"type": "paragraph", "answer": "## Benefits to the Fantom ecosystem\n\nDigiOracle\u2019s integration into the Fantom ecosystem offers several clear and impactful benefits. Here are a few of them:\n\n### Integration of Real-World Assets\n\nOur expansion into supporting real-world assets, such as stock price feeds allows Fantom dApps to offer innovative financial instruments and products that combine both crypto and traditional asset classes. As a result, users can access a broader range of investment opportunities, further attracting traditional investors to the Fantom ecosystem. We will\n\n### Developer Adoption and Onboarding\n\nOur commitment to creating educational resources and hiring a Developer Relations engineer will greatly benefit the Fantom ecosystem. By providing comprehensive guides, tutorials, and sample projects, we\u2019ll empower developers to easily integrate its oracle services into their Fantom-based applications. This lowered entry barrier accelerates the adoption of DigiOracle and contributes to the growth of the Fantom developer community.\n\n### Tokenomics and Sustainability\n\nWhile we are no cryptonomic experts, our planned token launch and burning mechanism demonstrate a commitment to sustainable tokenomics. By generating tokens through burning Fantom fees, we plan to ensure a reduction in the overall supply of tokens over time, which can lead to increased scarcity and potential value appreciation. \n\n### Network Security and Reliability\n\nThe implementation of payment, rewards, and slashing mechanisms for data providers and node operators enhances the security and reliability of DigiOracle\u2019s services. This directly benefits the Fantom ecosystem by ensuring the availability and accuracy of external data, a critical component for the proper functioning of various dApps, especially those with financial and high-stakes use cases.", "hidden": true, "question": "How will your project contribute to the Fantom ecosystem?", "questionId": 4}, {"type": "paragraph", "answer": "### Cloud hosting cost of Nodes and Data Providers.\n\nWe envisage that for the next 4 months, we'll keep hosting the major/trusted nodes and Data Providers until our slashing and token engineering are released into the protocol before allowing the public to run major ones. \n\nHowever, anyone can run a Data Provider and Node at the moment, but they won't be verified or recommended to be used by the public.\n\n### Hiring: DevOps engineer, Fullstack Engineer, Additional Golang Engineer\n\nThis role are currently contracted to save cost and burn rate for the next 4 months. We want to make them more permanent.\n\n### Gas Fees payment for our Nodes\n\nFor updating Oracle contracts onchain for Data providers, the node will be paying gas in FTM.\n\n### Bounty program\nInitiatives targeted at onboarding developers and data providers onto the DigiOracle ecosystem.\n\nTarget: 10 dApps using DigiOracle on Fantom (December 2023)", "hidden": true, "question": "How will you use the FTM? ", "questionId": 5}, {"type": "paragraph", "answer": "DigiOracle is an open-source Oracle protocol currently live on Klaytn Mainnet & testnet, Mantle testnet, and will launch soon on Fantom blockchain this Quarter of the year (Q4 2023). We hope to get this grant from the Fantom Foundation, which will aid the sustainability and growth of DigiOracle.", "hidden": true, "question": "Anything else you want to add? ", "questionId": 6}], "project": {"id": "1:0x03506eD3f57892C85DB20C36846e9c808aFe9ef4:1092", "title": "DigiOracle", "logoImg": "bafkreiebxldemrb75h74npzttl4g2p5a3dbmaj3wwpxtmybvzsi5h7x4ti", "metaPtr": {"pointer": "bafkreibecrpvwsjduq57mucdff4tm6wavfmw2wqfflaxegqraheb7iuvpa", "protocol": "1"}, "website": "https://digioracle.link", "bannerImg": "bafkreifu74xrjnjcejzgjmxgzrgz5qifstqqrv364xlvskdgmmffewu4sq", "createdAt": 1691861969534, "userGithub": "alofeoluwafemi", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..rZGU_5hK1KdAz4VNAZwlqtq-H669eTnYa3Xvi1AcAIna29-wgZ5M3G6FpmQkQjPe14MZt3q5TGgfu9toVK7tBA", "type": "Ed25519Signature2018", "created": "2023-08-12T17:39:13.176Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-12T17:39:13.176Z", "expirationDate": "2023-11-10T17:39:13.176Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x3472059945ee170660a9A97892a3cf77857Eba3A", "hash": "v0.0.0:kePS6wpuMcb0MB3W6l4Dqmikt4uaKhfOcmrZpSBIoyg=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#KlayOracle#7295729"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..iaP7svKXwVHk0XdJgiXKttFag7EJvpno44tZWdeskroj8UhWbP1mM05tXGwWGPmiwrg9DgAXetov0scLboWACQ", "type": "Ed25519Signature2018", "created": "2023-08-12T17:38:53.198Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-12T17:38:53.198Z", "expirationDate": "2023-11-10T17:38:53.198Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x3472059945ee170660a9A97892a3cf77857Eba3A", "hash": "v0.0.0:WTaurTJBGasqm9ClH8oYTIB6biP3ogxxNYTxTR87ljc=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#KlayOracle"}}}, "description": "## DigiOracle\n\nDigiOracle (formerly KlayOracle) is a highly modular blockchain oracle that allows you securely connect your Web3 applications with events, data, and assets from the real world.\n\nDigiOracle, formerly KlayOracle,  started during the KlayMaker22 Hackathon on Klaytn and won the Public Goods track in the KlayMakers 22 hackathon. Since that time, we\u2019ve rearchitected the protocol to build out the core technology that powers the DigiOracle for more EVM compatible chains.\n\n## Some of our accomplishments since then:\n\n- We have rearchitected the DigiOracle protocol to be more decentralized and scalable to support multiple data providers and node operators. See the documented [Architecture Decision Record behind this initiative](https://grave-angelfish-88d.notion.site/Protocol-Architecture-Design-c2dca4b749eb4609a7ad9b113adfd529).\n- Launched and tested crypto price feeds on the Klaytn Baobab testnet.\n- Recently launched crypto and stock price feeds on Klaytn Cypress mainnet.\n- Launched multiple bootstrap data providers, nodes, and 21 data feeds on the Klaytn mainnet.\n-  Launched multiple bootstrap data providers, nodes, and 21 data feeds on the Mantle testnet.\n- DigiOracle\u2019s data explorer dashboard \n- Updated website and rebranded to DigiOracle, to expand and support more chains (ongoing) after the completion of other features and launch of our token on Klaytn.\n- Publish comprehensive developer documentation\n\n## Component of DigiOracle \n\n![Diagram of DigiOracle](https://global.discourse-cdn.com/standard17/uploads/klaytngovernance/original/1X/f59fa4e72dcfcf8496ad2f4352499b4b619a2154.jpeg)\n \n### Data Providers\n\nData providers are responsible for subscribing to data sources and configuring data feeds and Oracle contracts accessible to end users.\n\n### Nodes\n\nNodes on DigiOracle are responsible for handling computational tasks on behalf of data providers, including data retrieval, filtering, and aggregation.\n\n### Data Sources\n\nVerifiable entities that provide real-world data through APIs, hardware, and other channels. DigiOracle uses various methods to ensure data integrity from these sources.\n\n### Data Consumers\n\nEnd users who make use of external data within their smart contracts and decentralized applications.\n\nMore details: [Architecture - DigiOracle Docs v1.0.1](https://klayoracle.gitbook.io/v1.0.0/fundamentals/architecture)\n\n## Features of DigiOracle\n\n1. Crypto Price Feeds\n2. Stock Price Feeds\n3. Custom HTTP APIs\n4. Verifiable Random Numbers\n\n## Team Information\n\n### Oluwafemi Alofe | Blockchain Engineer\n\n- Blockchain Lead at [myco.io](myco.io), biggest OTT blockchain-powered platform in the Mena region\n- 3 years Co-founder of Corpreneur, a fintech company - with 10k customers and $250k transactions processed during its operations.\n- 8 years of Software Development background.\n- 3 years Crypto Savvy.\n- Solidity developer at Protofire, where he worked on the integrations team to integrate Chainlink with other EVM chains.\n- Ex- Forbes Accelerator fellow.\n- StackShift Fellow.\n- Celo Camp Batch 5 Accelerator fellow.\n\n[LinkedIn](https://www.linkedin.com/in/oluwafemialofe/) | [GitHub](https://medium.com/@paulror) | [Medium](https://medium.com/@alofeoluwafemi)\n\n### Paul Oladimeji | Technical Documentation & Open-source Project Management\n\n- Experienced Software Product Manager in Fintech, robotics/AI, edtech, Web3.\n- Technical Writer.\n- PM at Nestcoin, leading the growth of [OnBoard](https://onboard.xyz/), a non Custodian wallet/exchange processing ~$100k daily.\n- Former PM at Popular Robotics (Chinese Robotics & AI company), TeamApt (Nigerian fintech company).\n- Defi Talents (Frankfurt School Blockchain Center) Fellow.\n- StackShift Fellow.\n- Celo Camp Batch 5 Accelerator Fellow.\n\n\n[LinkedIn](https://www.linkedin.com/in/pauloladimeji/) | [GitHub](https://github.com/pauloladimeji) | [Medium](https://medium.com/@paulror)\n\n### Key Links\n- Website: [https://www.digioracle.link/](https://www.digioracle.link/)\n- GitHub: [DigiOracle (formerly KlayOracle) \u00b7 GitHub](https://github.com/KlayOracle)\n- Twitter: [https://twitter.com/KlayOracle](https://twitter.com/KlayOracle)\n- Documentation: KlayOracle Documentation - DigiOracle Docs v1.0.1 (WIP)\n- Medium: [https://digioracle-network.medium.com/](https://digioracle-network.medium.com/)\n\n## Roadmap\n\n- Deploy 5 (Optimism, Polygon, Mantle, Arbitrium, Celo) more EVM compatible chains by the end of Q4 2023.\n- Add more Real World Asset Data feeds by the end of Q4 2023.\n- Release DigiOracle SDK for Javascript & Go. For developers to access Data Feeds outside of Smart Contract by the end of Q4 2023.\n- Onboard 50 developers to contribute to the protocol via the [DigiOracle Champions Program](https://digioracle-network.medium.com/introducing-the-digioracle-champion-program-cfabe06a299c)\n- Implement payment, rewards, and slashing mechanisms for node operators and data providers\n- Onboard 3 - 5 more external dApps each to use DigiOracle on all chains by the end of Q4 2023.\n\n\n## Why another Oracle?\n\nDigiOracle, unlike others, was built to be Modular and straightforward. Two components make up DigiOracle:\n\n1. Data Providers\n2. Nodes\n\nWhile we are still at the early stages of our growth, DigiOracle as a protocol already offers several advantages over existing oracle networks:\n\n1. **Real-World Asset Integration**: Unlike Oracle protocols, DigiOracle goes beyond standard crypto data feeds. It uniquely supports stock price feeds, enabling applications to offer opportunities to interact with both traditional and digital assets, thus enhancing the ecosystem\u2019s diversity.\n\n2. **Decentralization and Customizability**: Unlike competitors like Oraclize, which primarily relies on a centralized approach, our modular architecture promotes decentralization. It allows data providers and node operators to contribute to the protocol independently, thus enhancing network security. DigiOracle\u2019s customization options also cater to specific use cases better than more rigid solutions.\n\n3. **Eliminate Cheap Data Aggregation**: One major problem in the current Oracle landscape is sourcing and aggregating cheap data. With our contemporary approach, many middle data providers all sourcing data mainly from the same source are eliminated, allowing the Data sources themselves, such as Cryptocompare, Yahoo Finance, Polygon.io, Coinmarketcap API, e.t.c, directly run their Data provider, thereby solving the cheap data problem. We know this is a bold move, but it is one in which we are prepared to see through. Also, these provide an avenue for these Data sources providing the APIs to ease into Web3 in an area they already excel in.", "lastUpdated": 0, "projectGithub": "KlayOracle", "projectTwitter": "KlayOracle"}, "recipient": "0x2C833B77efe2273Ee30D2580d63df06E33FAB047"}}