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Orcfax is a second-generation oracle service for the Cardano blockchain that publishes data about real-world events into Cardano transaction datum.
These are made available as on-chain data inputs to smart contracts, scripts, and dApps that are running on the Cardano blockchain.
Orcfax data is made available in Cardano's native eUTXO format using our Cardano Open Oracle Protocol (COOP).
Orcfax collects real-world data from multiple sources for each data point and uses a distributed network of validator nodes to deliver truly decentralized oracle feeds.
Orcfax provides full audit logs of its data collection and validation process for each datum on a permisionless, decentralized storage network. This allows users to "trust but verify" the fact statements published by Orcfax.
Orcfax is finely-tuned to deliver authentic and accurate oracle data. This is a critical requirement to fulfill the mostly unmet promise of DeFi. There are also many other business models and industries that remain poised to leverage distributed trust technology.
Join us on our mission to revolutionize oracle feeds!
All feed data collected from multiple primary sources
Permanent audit trails (in human readable format) for all data feed activity
Decentralized oracle pools of independent validator nodes verify the accuracy and authenticity of source data, driven by stake-based reward incentives
All data stored on decentralized, sustainable storage using a standards-compliant archival packaging format for permanent access and re-use
Orcfax created and implements the Cardano Open Oracle Protocol as an open standard designed to support and enhance eUTXO datum publication. A key objective of the COOP is leveraging the eUTXO design to reduce on-chain fees.
The Orcfax Cardano-native utility token is used for:
The $FACT token was made available on the open market via the Wingriders Launchpad.
Peter is a digital archivist and open-source software developer. He is channelling his significant career-expertise to transform the oracle landscape.
The ever-growing team at Orcfax also consists of in-house software development, business development, and community management teams.
Email us at email@example.com