Jul 12, 2023
Noracle is a new crypto protocol and platform on the Polygon blockchain that aims to unleash the potential of prediction Dapps and Games. The protocol implements highly parametrizable predictive models that can be used in various applications ranging from gaming to finance (DeFi) and the metaverse.
The protocol is open and will induce an ecosystem of games and decentralized applications that will be built on top of its predictive models. Typical examples of games are being developed on top of the protocol. Among them, one is in the alpha test stage showing how the protocol can be used to revolutionize the way millions of people will be playing number prediction games in the future by using strategies and having fun in competitions where their strategies are quantified and compared.
As the protocol will serve as base layer for a range of decision-support applications for DeFi, gaming and the Metaverse, it could impact whole ecosystems in the years to come. The platform is complementary to, and would benefit other applications such as DeFi platforms and Exchanges, Sports and metaverse games like Horse or car racing games, etc. The use cases of the platform’s associated token NORA include being a base currency for ecosystem games and dapps interactions with the protocol, paying fees from games and dapps that use the protocol, creating passive revenue opportunities for ecosystem participants who can stake their tokens to secure, own part of the protocol and earn double rewards in MATIC and NORA.
- Link an ecosystem of games and decentralized applications with predictive models in finance, gaming and the metaverse
- Highly parameterizable models enabling Strategize-To-Earn games and decision-support applications
- Enable quantification and comparison of strategies in number prediction games
- Generate predictions based on Machine Learning Models across various domains
- Address the limitations of on-chain predictions by leveraging the power of external data oracles
- Passive revenue opportunities with a single staking function with double reward system (NORA and MATIC)
Part of the protocol is based on the concepts described in the following US patent:
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