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Bridge Oracle (BRG) is the 1409th largest cryptocurrency in the world by market cap, valued at $37,352,048. The current price of Bridge Oracle is $0.0037352048, which is -0.383% lower than yesterday. Prices have ranged between $0.00111865 and $0.00106908 over the past 24 hours. All prices are listed in US dollars and accurate as of February 04, 2023 05:02 UTC.
According to the whitepaper, Bridge Oracle is designed to connect blockchains with external data and inject real-world information into smart contracts. For example, a business that wants to promote a video can set up a smart contract with an influencer and make automatic payments based on the number of views.
Bridge Oracle was built on the Tron blockchain because of the high gas fees associated with Ethereum. After reigning as the first public oracle system built on the Tron network, it has now also migrated across to Binance Smart Chain. As Bridge Oracle is public, it allows the mass participation of users such as small businesses that can’t afford dedicated oracles.
The BRG token is the native cryptocurrency of the platform. The token is marketed as a more affordable payment solution for clients. Launched in September 2020, the initial exchange offering (IEO) sold out in just a few hours.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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