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Supra Partners #74 – SupraOracles partners with DeNet, the decentralized web-storage ecosystem for the new digital economy

December 31, 2021 - 3 min read

SupraOracles is excited to partner with DeNet, the decentralized storage-based ecosystem. DeNet is an emerging data storage protocol that aims to repurpose over 500 million exabytes of storage and create a cohesive and censorship-free internet. DeNet is an indispensable protocol targeting the growing meta of Web3 applications in the emerging digital economy.

DeNet seeks to use SupraOracles to support EVM nodes through a secure network, and enable DeNet to no longer require delegating their security details to external partners. Thus, SupraOracles will become a trusted RPC Node provider for the entire DeNet infrastructure.

SupraOracles will facilitate the deployment of the DeNet App Marketplace, where buyers are able to select and mix their desired storage unit for their dApp or Web3 application. Thus, SupraOracles will provide accurate price feeds and incorporate price projections from across the Ethereum network to ensure DeNet has the best and most competitive prices in the decentralized storage ecosystem. Additionally, DeNet has recently launched DeNet NFT Storage, which requires monitoring of NFT prices in relation to fiat currencies.

Rafik Singatullin, CEO and Co-founder of DeNet, commented:
“DeNet is a decentralized storage based ecosystem with a focus not only on the crypto market but also on centralized market products and services. In the near future, we will provide classic applications with an easy and fast transfer to the decentralized world, which will also gradually build up our dApp Market. At the first stages, this will inevitably require very frequent interaction with off-chain data, and even at later stages a lot of data will be fed into dApps from off the chain.

In this concept, the partnership with SupraOracles is a first and very important step to form a collaboration between centralized and decentralized markets. It is important to show that this is not only possible, but necessary to do. We strongly believe that Web3 is possible primarily through collaboration, synergy between projects, transparency and openness – and the reputation and high efficiency of all parties is very important here. We are staking on this and are very happy to launch our collaboration with SupraOracles.”

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:
“For Web3 to continue to emerge successfully, every component has to have the same commitment to decentralization. With DeNet focusing on their App Market, we are excited to be able to contribute to the release of multiple network dApps, and help build functional features together.”

About SupraOracles

SupraOracles strives to bridge the gap between traditional capital markets and the Web3 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.

Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.

Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately power the future of finance.

Join the SupraOracles’ community:
Website | Twitter | Telegram | LinkedIn | Announcements | Medium

About DeNet

DeNet is a decentralized storage-based ecosystem. DeNet is targeting a new decentralized network to provide and lease, IT capacities for hosting and storing data worldwide. DeNet aspires to become an on-demand, secure, decentralized infrastructure platform.

Join the DeNet’s community:
Website | Twitter | Telegram | Discord | Announcements | Medium



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