Berry Data Partnership with veDAO
Berry Data Partnership with veDAO, a decentralized investing and financing platform led by DAO, a platform that truly belongs to the people.
What does veDAO offers? As Berry Data announced its Partnership with veDAO.
- Owned and governed by voters. Decentralized operation through smart contracts
- People are able to apply for financing, with voters managing through blockchain voting
- To draw on the wisdom of the masses
- Convenient application: without permission or KYC/KYB
- Flexible participation: user-defined price and amount of investment
- Versatile veDAO: white list & installment
- Various financing measures: IDO, INO, among others
- More choices: multi-party resouces will provide top-level projects.
- Specialized suggestions: experts and institutional investors will participate in the review with the support of industry-leading policy-makers
- A common understanding of the community: to get the real feedback through voting
veDAO Core Advantages
- Non-entrused funds
- Decentralized Operation
- Self-governing DAO
- Huge community
- Fair distribution
- Multiple blockchains
- Without permission or KYC
About Berry Data
Berry Data is the very first native oracle on BNB Chain, providing fully transparent community-veriﬁed on-chain price data, as well as acting as a decentralized alternative for off-chain data. It aims to become the most used oracle on BSC.
Berry Data is an oracle system that parties can request the value of an off-chain data point and miners compete to add this value to an on-chain data-bank, accessible by all DApps on Binance Smart Chain. The inputs to this data-bank are secured by a staked miners network. Berry Data utilizes crypto-economic incentive mechanisms, rewarding honest data submissions by miners and punishing bad actors, through the issuance of Berry Data’s governance token, BRY, and a dispute mechanism.
veDAO, led by DAO, is an investing/financing platform. Utilizing the wisdom of the masses, the platform gives full play to the elite insight. The platform, finding and supporting the most potential projects through the voting mechanism, builds a community, composed of financiers, investors, and DAO members, with shared interests, thus enabling everyone to do his part and benefit from it.