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2022-04-18 23:30:13
How to purchase OptionRoom (ROOM)

What is OptionRoom
OptionRoom is a governed oracle and forecast protocol built on Polkadot. Our aim is to
create a scalable protocol with multiple use cases: from oracle as a service to limitless
event derivates.
Protocol Features:
OaaS: User governed Oracle as a service: OptionRoom has the ability to serve as an OaaS — Oracle as a Service where oracle requests are solved by governance.
User governed forecast market protocol: OptionRoom allows users to create and
participate in event derivatives that are pegged to real-world outcomes by governance
consensus
Dual token model: Dual token model: ROOM serving as the utility token of OptionRoom
and COURT serving as the governance token of the protocol.
Governance staking and authenticity score: Users stake their court for an increasingly
higher authenticity score, meaning more voting power. Honest governance participants
are rewarded with ROOM while dishonest participants are punished.
LP mining: The governance token COURT can only be obtained by providing liquidity/
staking the utility token ROOM
Self-sustainable and community based: Protocol fees fuel a buyback mechanism. The
founders of OptionRoom receive no percentage of the protocol fees.
Built on Polkadot: OptionRoom v2 is planned to be built on Polkadot.
User incentives: OptionRoom rewards protocol and governance participants. Pools
creators get rewarded with a percentage of the pool winnings, creating an incentive to
promote their pools.
Reward buffer pool: Excessive fees generated from the protocol are diverted to a reward
buffer pool to be used as protocol rewards reducing inflation.
Multiple use-cases: OaaS, limitless prediction markets, decentralised polls, dispute
resolution, decentralised surveys, curated lists — are some of the use-cases of OptionRoom’s architecture
How to buy ROOM?
  • How to buy ROOM on Neko Invest app
    For more information:
    How to download and use Neko Invest app
    • Step 1 :  Create/Login to your Neko Invest app account
    • Step 2 :  Go to Market page, click on the Search icon and search ROOM in the search bar.
    • Step 3 :  Click on ROOM logo and choose Invest.
    • Step 4 :  Entering the amount of ROOM that you want to buy. Then click on the Get Quotes button.
    • Step 5 :  Swipe the Swipe to swap button and now you own ROOM. You can check your ROOM balance in your wallet by going to Wallet page.
Contract Addresses
OptionRoom Token (Binance Smart Chain) : 0x3c45a24d36ab6fc1925533c1f57bc7e1b6fba8a4
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