Me and my fellow gem Jedis @mike7boxes @PeLpA87 did another “deep dive” into this new promising low cap project called $Zora @z0racles

This is just an educational thread and NOT a financial advice. Please DYOR before you invest in anonymous projects.

LET’S GO!

2/ What Zora solves?

-guarantees privacy
-provides confidential data to smart contracts by randomizing the sources of information and cryptographically constructing proving schemes and verifications for private data delivery.

3/ They propose a solution that is an end-to-end design that leverages zero-knowledge proofs (​is a method by which one party (the prover) can prove to another party (the verifier) that they know a value x, without conveying any information apart from the fact that they know...

4/ ...the value x​) and a verifiable random function to achieve confidentiality of data.

DeFi projects can select different API endpoints, signers and reporters to plug into Zoracles while still maintaining the security benefits of our solution. This will be attractive to...

5/... enterprises that have billions of dollars to secure bank-level security measures to ensure confidentiality for clients.

Zk-Snarks programs can also be applied immediately to the derivatives market and future work will consider NFTs as an expansion opportunity.

6/ Tokenomics:
contract:​ https://etherscan.io/token/0xd8e3fb3b08eba982f2754988d70d57edc0055ae6
max supply : ​10,000
circulating supply:​ 5500
market cap :​ 2.029.500

There’s no inflation rate.

7/ Team is anonymous for a fair reason. The project is in its early development, the next few steps are getting the governance portal
up and zkp contracts mainnet ready.
The team is also exploring potential partnerships.