Fundamental Analysis: SupraOracles

Arcanum Ventures is proud to offer our first publicly-available Fundamental Analysis report. Providing helpful information to both founders and investors is part of our core ethos

We hope that this report will give insights into how we perform our research and evaluate a cryptocurrency investment opportunity At the same time, we hope it will offer an unbiased evaluation of an exciting technology startup in the blockchain industry. 

 

The Hottest Data Oracle?

Before deciding which startup to offer an analysis for, we thought: “Why not let the community decide?” In a truly decentralized fashion, we took to several thought-leadership communities in the industry and offered a free investor report to anyone interested in exploring a particular opportunity.

Courageously, the team at SupraOracles reached out and asked for an unbiased analysis of their Data Oracle startup. Their confidence and transparency were the first green flag – and we promise, it’s surely not the last.

 

A Disclaimer On Our Evaluation

Arcanum Venture’s scoring methodology is a combination of subjective and objective analysis. Our rankings are based on both intuitive knowledge we take from our experience in the web3 industry and quantitative scoring based on questions we answer during the analysis. 

Although our analysis seems quite comprehensive, we must state that this is just the tip of the iceberg. This report should not be the sole instrument used to make an investment decision, as our analysis dives far deeper. The info provided in the report is condensed to help uncover interesting points to springboard into further thought and discussion. 

One major disclaimer we must make – our analysis is performed solely on publicly available information and does not include information provided through communication with the team, unless otherwise stated. The reason for this distinction is that publicly made available information ensures greater accountability for the team in an industry that lacks regulation or oversight.

With that being said, it’s also important to note that any low scores for any of the categories may be a result of either a valid gap in the fundamentals or a lack of publicly available information. This gap in information may not mean that the team is lacking in a specific area, simply that the message has not yet been communicated to retail investors and the public. 

 

Report Summary

SupraOracles ranks highly in virtually every category aside from Token Economy and Business Viability. The reason is a lack of clarity regarding the following:

  • Confirmation of layer 1 network functionality
  • Auxiliary token utilities
  • Business model and revenue structure

That’s not to say these items do not exist in the company. Arcanum is led to believe that SupraOracles’ rank across nearly every discipline shows a team that is highly competent and a corporate structure that is fundamentally sound. It’s likely this information has been provided solely to potential investors, which should help the team secure the funding they need while reducing the speculative hype around the project in the public eye. 

Based on our analysis, we would deem SupraOracles to be a sound investment opportunity, given that the concerns are addressed by the team. Our recommendation to potential investors is to follow up with the team and gain clarity on these items before considering investing in the startup.

Download The Full Report

The full SupraOracles Fundamental Analysis report can be downloaded via the links in this article. If this unbiased analysis interests you, reach out to Arcanum Ventures about creating an investment report for an opportunity you may need some insight into.

 

About SupraOracles

SupraOracles aims to connect traditional capital markets with the Web3 environment. We aim to provide a revolutionary oracle toolset to the developer community, allowing them to easily construct, deploy, and manage data applications with superior performance, robustness, and agility. SupraOracles wants to solve the oracle conundrum and eventually power the future of finance with the help of our developer community and an increasing number of partners.

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