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Morsy
@morsyxbt
content creator | occasional 2D investigations
Joined May 2024
358 Following    11K Followers
lot of pre TGE projects ongoing but very few are worth consideration like @RialoHQ funds raised : $20m (seed round) backed by T1 VCs like : coinbase, pantera, variant and hashed rialo by (subzero labs) is building a developer first “real world chain” a smart blockchain for internet scale dApps with native web connectivity (smart contracts directly call APIs and fetch live data like credit scores without oracles) usually smart contracts use oracles (3rd party platforms) to fetch external data and can’t really act themselves problem? these 3rd party platforms add latency, costs, sometimes return erros or wrong data which can lead to exploitations in some cases RIALO FIXES IT this also powers NeoFinance under collateralized loans where borrowers verify real world data (credit score, bank history, identity) on-chain to cut collateral needs and unlock and recently it was featured in @Cboe innovation spotlight cboe is one of the worlds largest derivatives and security exchange handled 3.8 billion options contracts in 2024 keep tabs on lot of announcements coming for community aswell mainnet this year btw gud tek
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