As the first privacy-enhanced, proof-of-stake, decentralized network, Oasis Network aims to promote open finance and data responsibility. A not-for-profit organization made up of an international team, Oasis was created to foster global communities around its ecosystem.
There are members of the Oasis team based in North America, Asia, and Europe. Jernej Kos, who is the director leads oasis Foundation. A unique Oasis Ambassador Program allows members to lead meetups, answer developer questions, and write and translate content.
Here is our price prediction for the ROSE.
How Rosy is the ROSE Price Prediction?
On February 15, 2023, Oasis Network traded at $0.081. Oasis Network (ROSE) has a total market cap of $446,181,184 and a trading volume of $214,581,195.00 daily. Rank 87 is where the Oasis Network (ROSE) sits in the cryptocurrency market.
In the last 24 hours, the Oasis Network’s price has risen 18.21% due to increased trading volume and market cap. Based on our current prediction, the Oasis Network’s value could reach $ 0.081686 by February 20, 2023.
Technically, the sentiment is Bullish, while Fear & Greed indicators show 53 (Neutral).
Using data from February 15, 2023, the general sentiment on Oasis Network price prediction sentiment is bullish, with 22 technical analysis indicators showing positive signals, while five showed negative signals.
ROSE’s minimum price in February 2023 maybe $0.071, while the average price could be $0.078. According to The Oasis Network forecast for March 2023, ROSE may reach a maximum value of $0.083 with a minimum value of $0.079. Considering the price of ROSE for March, it could reach an average of $0.081.
How Does Oasis Network Work?
With ROSE, you get an open finance platform that is privacy-preserving and designed for a data-driven economy. Like Ethereum or Bitcoin, Oasis is a layer-1 blockchain with secure data storage. They securely built the platform from the ground up, offering data confidentiality and massive throughput increases.
One of the DeFi Asset Lending Markets, WePiggy, integrated with the Oasis Network in February 2021. The WePiggy platform allows investors to earn interest and borrow crypto at the same time.
Why is the Oasis Network (ROSE) so Important?
As a network, the Oasis Network seeks to address some pressing market issues. A primary drawback of DeFi is a lack of privacy, which this protocol addresses. It alleviates privacy concerns in multiple ways. A confidential smart contract is one of the most effective methods introduced by developers.
Using a programmable blockchain, confidential computing technology, and a custom-built cryptocurrency, the Oasis Network (ROSE) aims to revolutionize the financial industry. There are many unique aspects of the network. Privacy protocols and Paratimes were the primary focus of the developers.
Oasis Network allows DeFi developers to build more robust applications by better controlling sensitive information. Empowering developers, the platform seeks to create a next-generation DeFi and Web 3.0 ecosystem.
An overview of the Oasis Network (ROSE) Benefits
The Oasis Network offers many benefits to its users. For example, the network is well-suited for handling heavy workloads and complex processes. With these capabilities, the network can handle many use cases. In addition, they make it easier to upgrade in the future.
- Privacy: The Oasis Network provides users and developers with added privacy. By taking a privacy-first approach, the protocol empowers developers to build financial applications that satisfy the masses’ demands. By leveraging the DeFi strategy, traditional financial networks can incorporate DeFi features into their services.
- Passive Income: With Oasis, you can secure passive rewards in various ways. Farming and staking are available as low-risk wealth-generation strategies on the network. Users can create rewards using either of these options without having to relinquish ownership.
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