Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $44,205,881,027 | Market Cap: $2,508,533,457,912
Tellor
TRB
$70.18
Sector
Oracles
Exchange Debut
2019-11-23
Market Cap
182,664,307
Maxim Supply
∞
Circulating Supply
2,602,644
Circ. Supply(%)
∞
Tellor
TRB
Price
$70.18
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
23468332
74.846795500569
69.189236827103
Change 24h
Change 7d
Change 30d
-4.3527
-13.4215
-30.3512
Maxim supply
Circulating supply
Circulating supply(%)
∞
2,602,644
∞
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Tellor – TRB cryptocurrency:
Founded by a U.S.-based team with a goal to resolve the oracle issue on the Ethereum blockchain, Tellor (TRB) is a decentralized oracle protocol that provides an innovative solution for feeding off-chain data to on-chain smart contracts. Through rigorous crypto-economic incentives, it ensures the authenticity of the data supplied. By diving deep into the fundamental analysis of the Tellor – TRB cryptocurrency, we discovered various strengths and areas of improvement that paint a comprehensive picture of its potential in the crypto market.
SOCIAL & MASS MEDIA: Score 4.2 out of 10
Tellor’s presence in the social media spectrum appears to be relatively muted. Their ability to garner followers remains a challenge, scoring a mere 2 out of 10. The activity levels of the administrators are moderate, and while the community is engaged, there’s a significant need to boost their media presence and community size.
AUDIT & SECURITY: Score 6.6 out of 10
Security-wise, the fundamental analysis of the Tellor – TRB cryptocurrency indicates a reasonable level of trustworthiness. The results of their audits and transparency to the public are commendable, with liquidity on exchanges being a notable strength.
TOKENOMICS: Score 6.95 out of 10
The token economy of Tellor is promising. Its inflationary nature has been well-received, but there’s some concern regarding the centralization of its monetary mass.
ECOSYSTEM DEVELOPMENT: Score 7 out of 10
The development ecosystem of Tellor exhibits solid potential. They’ve achieved many of their goals and show a commitment to ongoing innovation. This bodes well for the future of the project.
TEAM & DEVELOPERS: Score 6.8 out of 10
The team behind Tellor, with their vast experiences, adds significant value. However, the number of software developers raises some concerns about their capacity to drive tech-forward initiatives at scale.
PRODUCT & UTILITY: Score 8.3 out of 10
Tellor shines in its product utility. Both the product and the role of tokens within the ecosystem are perceived favorably, suggesting a clear vision and practical application.
PARTNERS & INVESTORS: Score 5.5 out of 10
In terms of partnerships and investors, there’s room for improvement. While the quality of investors is commendable, the number and quality of partnerships need enhancement.
Fundamental analysis of the Tellor – TRB cryptocurrency – The final conclusion
After a thorough fundamental analysis of the Tellor – TRB cryptocurrency, it’s evident that the project has its strengths, notably in product utility and ecosystem development. The team’s experience is a significant asset. However, the challenges in social media engagement and partnerships require attention. From an investment standpoint, while there’s potential, it’s essential to consider the areas of concern. Given the scores, there’s moderate risk, but with the right strategies, Tellor can capitalize on its strong points and offer promising returns in the decentralized finance sector.
What is Tellor?
Overview and Unique Features:
Tellor, denoted as TRB, is a decentralized oracle protocol. It plays a crucial role in the blockchain ecosystem by making off-chain data available to on-chain smart contracts. Unlike other oracle systems, Tellor’s model allows data reporters to submit data without prior verification, embracing a truly permissionless nature. These reporters compete to provide accurate data for incentives in TRB. Another distinctive trait of Tellor is its ability to accept data in bytes, ensuring adaptability for a variety of blockchain applications.
Founders and Background:
The U.S.-based team behind Tellor launched it in 2019 to tackle Ethereum’s oracle challenges. The founding team comprises Brenda Loya, Nick Fett, and Michael Zemrose. Brenda, the CEO, has an impressive history in blockchain, scalability, and data science, while Nick, the CTO, has a deep understanding of derivatives and regulation in the crypto sphere. Michael Zemrose, the CSO, has a background in business development and entrepreneurial endeavors in media.
Security and Governance:
Tellor’s security foundation lies in its native token, Tributes (TRB). This token bridges the interests of data reporters, oracle users, and the broader community. To ensure the integrity of data, Tellor implements a governance contract with a dispute mechanism. Reporters must stake TRB to participate, but any incorrect data submissions risk having their stake confiscated and handed to the disputer. This system effectively discourages false data reporting and upholds network accuracy.
- Latest analysis update: November 2, 2023
Tellor - TRB performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
