Witnet

Early Stage

Create smart contracts with real power!

Analytics

Raised to Date: Raised: $1,070,000

Aggregate Commitments $

Platform

Republic

Start Date

03/02/2018

Close Date

03/25/2018

Min. Goal

$200,000

Max. Goal

$1,070,000

Min. Investment

$50

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status
Funded
Reporting Date

04/29/2018

Days Remaining
Funded
% of Min. Goal

535%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$46,522

Momentum
Funded
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Location

Seattle, Washington

Industry

Business Services, Software, & Applications

Tech Sector

Who Should Be Interested:
Do you believe in the future of blockchain technology? Do you wish there was a clearer answer to “The Oracle Problem”? If this sounds like you, then Witnet could be the investment you’ve been waiting for. They’re here to offer a solution to that problem by connecting smart contracts -- to any external data source.

The Company:
Witnet offers an answer to “The Oracle Problem.” This problem centers on the fact that blockchain technology has the power to revolutionize business through creating smart contracts, but those smart contracts are currently completely isolated from the rest of the Internet. Witnet’s solution to this issue is simple and direct; their protocol connects smart contracts to any online data source. Everything from sports results and stock prices to weather forecasts or other blockchains can now be connected through Witnet’s distributed network of mining notes, called witnesses. Witnesses also validate transactions into the network and bundle them into blocks so they get appended to the blockchain periodically. Additionally, Witnet offers “bridge nodes,” which complement and complete other smart contract platforms, such as Ethereum.

The Bottom Line:
Witnet’s technology is here to revolutionize the future of blockchain. They allow you to create real smart contracts -- with real power.
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Witnet on Republic
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Platform: Republic
Security Type: Debt

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