OptionRoom — The first exclusive Polkadot IDO on Bounce Certified
Bounce Certified is a platform designated for high quality institutional backed projects only.
Projects to be listed on Bounce must pass rigorous project evaluation processes from the Bounce side as well as from the community. So what features does OptionRoom have to be able to do that ?
OptionRoom is built on Polkadot.
OptionRoom vision is to create a self-sustainable, user-managed prediction and prophecy protocol built on Polkadot. OptionRoom seeks to create a strong and diverse community over time, thus making the protocol truly a managed and decentralized community.
Option’s team are people with long-term experience in blockchain and crypto :
Together with senior advisors :
And big investors :
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 tokens are slashed.
Self-sustainable and community based
Protocol fees fuel a buyback mechanism. The founders of OptionRoom receive no percentage of the protocol fees.
LP mining
The governance token COURT can only be obtained by providing liquidity/staking the utility token ROOM
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, decentralized polls, dispute resolution, decentralized surveys, curated lists — are some of the use-cases of OptionRoom’s architecture.
Thank you for reading !!!