Hyper Oracle Launches ICO and Points Farming for Decentralized Future

Hyper Oracle, a prominent name in decentralized infrastructure, is gearing up for its upcoming ICO and Points Farming initiative, marking a significant milestone for the company. Known for leveraging zero-knowledge (ZK) technology, Hyper Oracle aims to build fully decentralized infrastructure services, enhancing the security and efficiency of blockchain networks. As they prepare for the ICO and expand their Points Farming program, Hyper Oracle is setting the stage for the future of decentralized, trustless automation and indexing.

One of the core offerings of Hyper Oracle is zkIndexing, a decentralized RPC (Remote Procedure Call) system that operates with a GraphQL schema. This feature allows developers to build secure and decentralized DApps (Decentralized Applications) with low latency and high performance. By using zkIndexing, developers can query data through a single zkGraph, which provides fast and reliable responses, vital for applications that require real-time data access. This service is particularly valuable for those building on blockchain networks, as it offers an efficient way to interact with decentralized data sources.

Another significant feature in Hyper Oracle’s ecosystem is zkAutomation, a trustless automation solution for on-chain and off-chain sources. zkAutomation enables verifiable, secure automation, allowing users to automate tasks using any on-chain or off-chain data source. This capability provides flexibility for developers and enterprises seeking to integrate blockchain technology into their operations. Through zkAutomation, Hyper Oracle supports a wide range of automation and keeper jobs, catering to diverse use cases within the decentralized infrastructure space.

As part of their growth strategy, Hyper Oracle’s Points Farming initiative allows users to earn ORA Points by staking assets such as ETH, OLM, and STETH on the Ethereum network. By staking these assets, participants contribute to the decentralization and security of the AI Oracle network, which Hyper Oracle is building. Points Farming has been active since July 2024 and has garnered significant engagement, with a Total Value Locked (TVL) of $25.48 million as of recent data. These ORA Points serve as rewards, incentivizing users to participate in and support the network’s operations.

Hyper Oracle’s ICO and Points Farming are part of a broader roadmap that includes expansion and continued innovation. The company recently raised $20 million in a Series A funding round in June 2024, and $3 million in a pre-seed round in Q1 2023, underscoring investor confidence in its vision and potential. With Points Farming continuing to attract participants and the ICO on the horizon, Hyper Oracle is positioned to make substantial strides in the decentralized infrastructure sector.

The upcoming ICO offers an opportunity for new and existing supporters to invest in Hyper Oracle’s mission, aiming to provide a decentralized, ZK-powered infrastructure for the next generation of blockchain applications.