SupraOracles and Vera Partnership

Published on: 22.10.2021

Supra Oracles joins forces with Vera DeFi, the most powerful open financial platform for NFT assets. 

This is to develop automation solutions for commercial NFT asset onboarding, management, and price discovery on Vera’s open financial platform for NFTs.

Vera and SupraOracles are building a secure, cost-effective, and decentralized data bridge between Vera’s smart contracts and the off-chain data infrastructure used by an NFT brand or creator. This solution allows any business or creator to link unique identifiers and complex attributes belonging to any digital or physical asset used on their off-chain software systems to their NFTs minted or listed on Vera’s network, enabling seamless NFT asset management between both Web 2.0 and Web 3.0 worlds.

 

Denis Lam, CEO of Vera, commented:

“Unlike the hype and high transaction costs required by other oracle solutions, Supra is focused on delivering high-quality and cost-effective solutions, which enables the best possible user experiences for today’s DeFi applications built in the Vera Ecosystem. We’re honored to be able to work with a team with such a high calling.”

 

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented:

“Our partnership with Vera is unique because we can create a new mechanism in NFT markets. We hope to collaborate on many more projects in the future.” 

 

About SupraOracles

SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Their vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.

 

About Vera

Vera is the most powerful open financial platform for non-fungible token (NFT) assets. Vera offers decentralized financing, leasing, lending, and other essential financial services for any NFT marketplace, game, or application.

 

SOURCE:

MEDIUM

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