Vendible Partners with Algoracle on the Algorand Blockchain
Press Release

Vendible Partners with Algoracle on the Algorand Blockchain

Vendible, a provider of simple solutions making DeFi accessible for everyone and the first decentralized oracle network, Algoracle announce a partnership today. This announcement comes just two weeks after, Vendible announced the close of their Token Seed round at 1.78M USD with plans to allocate a portion of the funds to help accelerate new alliances and partnerships.

May 4th, 2022 - Vendible, a provider of simple solutions making DeFi accessible for everyone and the first decentralized oracle network, Algoracle announce a partnership today. This announcement comes just two weeks after, Vendible announced the close of their Token Seed round at 1.78M USD with plans to allocate a portion of the funds to help accelerate new alliances and partnerships.

“Privacy and security are at the heart of Vendible. Algoracle encryption and security layers help ensure developers can pull the information they need without having to compromise their customers, while the distributed node structure helps ensure feeds are accurate. We look forward to exploring what is possible for our members” Douglas Broughton, Founder & CEO - @GoVendible

Co-founded by Douglas Broughton and Gwin Scott, built on the Algorand blockchain, and recipient of the 2021 Algorand Foundation Grant Award, Vendible provides simple solutions for individuals, communities, and developers, by removing complexities so millions more can join in the benefits of DeFi. Vendible combines privacy, identity, and data, managing growth, security, and compliance so developers can build outstanding experiences and scale quickly, reaching any audience with a unique Sovereign model.

Algoracle is the first decentralized oracle network on the Algorand blockchain. In September 2021, Algoracle won the Encode Hackathon and since has been building the next-generation oracle solution on the Algorand blockchain. Algoracle plans to release functions like VRF, price pair data, sports data, and off-chain computation ability, just to name a few.

“I am thrilled that we are partnering with Vendible to provide them cryptocurrency price pair data and traditional finance data,” says Algoracle’s CEO, Abdul Osman. “Projects like Vendible are who we are designing this oracle network for. We foresee great things to come from the Vendible team!”

Follow Vendible across their social media networks for updates on a series of information videos and live virtual events scheduled to launch over the coming weeks, outlining the company's scope, vision, and next steps.

Media Inquiries

For more information about the Vendible X Algoracle, partnership contact Vendible Communications Director, Tiffiny E. Dixon at tiffiny.dixon@vendiblelabs.com and follow Twitter @GoVendible.

For direct information about Algoracle visit Algoracle.ai or follow on Twitter @Algoracle.

Related Posts