Investors
The development of Goracle was made possible with preseed and seed funding from the investors below. These investors' main motivations was to support an Algorand based oracle that will help the ecosystem grow, so that network effects can kick in. These investors are all heavily invested in various Algorand projects, and have been supporting Goracle to grow and benefit the entire ecosystem.
Organization | Token Allocations as a % of total supply |
|---|---|
Borderless Capital | 3.33% |
Algorand | 3.33% |
Valhalla Capital | 2% |
Big Brain Holdings | 1.6% |
Other Angels Investors (5) | 1.5% |
Goracle's pre-seed and seed rounds were filled by the above strategic investors. These investors were selected due to the clear benefits they provide with regards to helping create network effects. Furthermore, these can be considered long term holders, and as such, will help stability in the ecosystem.
Goracle has not conducted a private round, and instead will go right to a node sale. This will help limit non-strategic investors, and ensure the token is as decentralized as possible. Read through the Goracle Economic Design to learn more about token design.
Last modified 4mo ago