Recently spent some time delving into @OraclerAI, here are my thoughts

What does Oracler primarily do?

In simple terms, it's an AI version of an oracle, providing more accurate and faster data services for on-chain contracts, solving the problems of data delays and errors associated with traditional oracles. It feels a bit like giving smart contracts an 'intelligent eye'.

I think the standout features are:

1. Real-time market data

Many platforms have this, but Oracler emphasizes the speed and accuracy optimized by AI, which might be quite useful for high-frequency traders and arbitrageurs.

2. KOL and smart money tracking

This is quite novel, helping you keep an eye on on-chain funds and the movements of Twitter influencers, saving you the hassle of searching for news all over the web.

3. On-chain customizable trading platform

It seems to aim at bringing the simple experience of centralized exchanges (CEX) onto the chain, which is quite friendly for beginners. However, its actual usability needs to be tested hands-on.

Token $ORC situation:

The supply is quite large, almost 1 trillion tokens, but the current circulating market value is 9 million dollars, which is indeed not much and can be considered an early-stage project. The token is used for governance and paying for oracle service fees, with a simple and clear logic. However, it is still a new project, and there are certainly risks involved.

Is the referral mechanism reliable?

They have set a transaction fee rebate ratio of 20%-40%, which is indeed quite high, and the transparency of the referral is also good. But the premise is that the person you refer must have actual transaction volume (over 1000 dollars), which is relatively reliable. However, I suggest everyone not to focus solely on the rebate when making referrals, and not to jeopardize relationships for a small amount of money.

Overall feeling:

The project's points are quite accurate, and the technical concept is also good, but whether it can truly take off will depend on the subsequent ecosystem scale and user experience. The risks and opportunities are quite evident in the early stage. Everyone can continue to observe, and if interested, check out the official website yourself. The most important thing is to do more research.

The above is my own observation and does not constitute any advice, please do your own research (DYOR)!

#Oracler #AI Oracle #Crypto #DePIN #Web3