"Link your ICO to Success!"

ICO Razor Network

⭐ Governance

Ended
4.78 (1 ICO reviews)

Share this ICO in Social Networks:

ICO «Razor Network» Listed:

2021-02-03
Created by:

Ongoing ICOs:

Nergame

Ongoing
Events and Entertainment
Nergame is an interactive entertainment platform where the users can create, interact, and share between them trying to overcome different challenges
Finance
Ccoin Network, Fintech ecosystem, based on Ethereum Blockchain, as token-type ERC20, will migrate by Q4 2021 to SourceLess Hybrid Blockchain ...
Smart Contracts
The Techtoken Network An ecosystem for blockchain applications development. TCN token is a new currency generated through decentralized smart ...
Gaming and VR
Victoria VR is the first Massively Multiplayer Online Blockchain-based World in Virtual Reality with Photorealistic Graphics built and owned by its us

BernCoin

Ongoing
Commodities
The coin for the people, by the people. BernCoin aims to bring positive Cryptocurrency awareness by involving charitable organizations. We understand

ICO Description

Razor network is a decentralized oracle network. Razor Network consists of validators who lock in their tokens as a “Stake” and provide data to the network. The honest validators are rewarded and those who report incoherently are penalized. The core of Razor Network is a set of smart contracts, that can run on any Ethereum compatible blockchain. Razor relies on the underlying blockchain for providing certain properties such as censorship resistance, security from network partition attacks, etc.

Razor network consists of stakers who accept queries from a job queue, perform fetching of information from the real-world, process and aggregate the results and serve them to the requesting application. Stakers are awarded for reporting coherently and penalized for reporting incoherently.


Razor network uses a proof of stake consensus algorithm and uses a native utility token called RAZOR. RAZOR are needed to be locked to participate as a staker in the network. Stakers are awarded fees as well as block rewards for participating in the network.

The amount of staked tokens of the staker determine their influence in the network.

The design goals of the Razor network are to ensure the long term sustainability of the oracle and the data feeds it provides, a high degree of decentralization, high economic security in a way that protects both stakers and clients of the oracle from various attacks.

✅ ICO Razor Network VIDEO PRESENTATION

Video

Comments (0)

There are no comments posted here yet

Leave your comments

  1. To comment without Moderator approval Sign up or login to your account.
0 Characters
Attachments (0 / 3)
Share Your Location

✅ ICO Razor Network details

ICO Details

ICO «Razor Network» ICO Start: 2021-02-04

ICO «Razor Network» ICO End: 2021-02-06

ICO «Razor Network» Symbol: RAZOR

ICO «Razor Network» Platform: Balancer

ICO «Razor Network» Offering Type: ICO

ICO Rating

Idea
5.00
ICO Team
5.00
ICO Advisors
4.00
Whitepaper
5.00
ICO Website
5.00
Log-in to add ICO Review and post Comment without moderator approval