The Problem w/ Existing Oracles

The problem with existing oracles

Existing oracles supply a fixed, slow growing amount of data feeds.

  • Price Feeds: Only support high volume pairs. ex: USD/BTC, USD/ETH

  • Predictions market: Limited sports data, very limited game-specific data (player stats, etc..)

  • Arbitration: DAOs / legal issues require very subjective data.

  • Remaining data: All other data is left completely abandoned by existing systems!

In short, existing oracles are great, but they are NOT flexible or dynamic enough. There is a wide blanket of data / data feeds that is left inaccessible.

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