AMA Recap: CRYPTO MINERS X SEOR

CRYPTO MINERS
10 min readNov 24, 2021

SEOR is a general data protocol platform that provides unified off-chain data for different blockchain systems. Through a decentralized unified protocol and on-chain governance, it provides accurate data for various DeFi applications with different architectures, different technologies, and main chain projects. SEOR-NETWORK offers a customizable low-code development Oracle data platform for Link Reality, with high scalability and low technical threshold characteristics.

We hosted an AMA session with SEOR on 19th November at 7:00 AM UTC.

VMC Bose was the host from Crypto Miners and Miss Winnie Wen was our guest from SEOR. She shared delightful knowledge and unique features of SEOR.

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Segment 1️⃣: Introduction

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VMC BOSE:
Hello Chat, welcome to the today’s special AMA with SEOR’❤️

To help us learn more about the featured project of this AMA session, we are lucky to be joined by Miss. Winnie Wen
Welcome to our community 🤝

Winnie Wen:
Hi, every one

Glad to meet you

Thank you for invite me☺️

VMC BOSE:
❤️👍

So let's start without making much delay!😁

Let us begin with some Introduction questions!!

Winnie Wen:
Can't wait

VMC BOSE:
So here comes the first one from intro segment

1) please tell us in detail about SEOR and the reason behind the creation of such a beautiful project in crypto space?

Winnie Wen:
Well

SEOR network is an independent Oracle system
Provides a common data protocol of unified off chain data for different blockchain systemAnd provides accurate data for many different types of DAPPs serving areas such as DeFi, Game, Tools etc, supported by our own uniquely designed architectures and technologies.

This is SEOR

VMC BOSE:
Sounds great👍

Q2) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from SEOR? If possible could you please share road map with us.

Winnie Wen:
Nice question
Our first version of the public chain development progress has been completed 90%

The first middleware platform dApp-LCDP has also been launched in beta
In the recent public beta activity
For the whitelist application
We have more than 35k participants, more than 3,200 independent addresses have deployed contracts on it
And more than 1,900 independent addresses have flashcast NFT on it.

We did make a good start in launching these public events to interact with our community.

The platform now supports Ethereum, Polkadot, Polygon, BSC and other ecosystems
And will continue to support more public chain ecosystems in the future
Currently we are negotiating and cooperating with: Solana, Avalanche, Cardano, etc.

We will help these ecological DAPP projects to achieve business functions in a simpler way to gain a broader application market.

VMC BOSE:
Great 👌 Moving to Next Question

3) How has the experience and background of your team been effective in the success of your project so far?

Winnie Wen:
Our team have many blockchain experience
And I will introduce part of core member of our team

Wang Huaiyu, Tech lead
Responsible for architecture design and technology research and development at NKN
Involved in the project management, architectural design and technological R&D of ONT, TRX, ETH and DOT.

Li Yingxuan, Project lead
Ex Onchain / Ontology Beijing Technology Officer.
Involved in the project management, architectural design and technological R&D of NEO, ONT and ELA.

Jon Ren
PetRock Capital Co-Founder
Has led the Step Finance Token Launch
The Business consultant for Volatility Protocol and Swaperry
The Strategic consultant for Faraland, Evrynet, BSCLaunch, Project Seed, Showcase, IMM and Sienna Network

And that's it😌

VMC BOSE:
Wow Great Team Behind it 👌

Winnie Wen:
Thank you

VMC BOSE:
So lets move to the 4th one from intro segment🚀

4) What makes SEOR special from it competiters?

Winnie Wen:
Well

Almost all existing oracle systems have the following issues:

1. Insufficient data verification to prevent malicious data from spreading on the chain in a time effective manner

2. Possible difficulty in providing evidence of the perpetrator responsible for the malicious behavior

3. Possible insufficient compensation for malicious data

4. Inability to cross-chain flexibly; insufficient support for broader application scenarios

What sets SEOR apart from other competiters?

1. Decentralized oracle

2. Intuitive and instant query processing

3. No third-party failure points

4. Supports the payment of SEOR or other main network assets and contract assets

5. Supports multiple data types

6. Supports three technical interaction modes

7. Supports multiple main chains

We have avoided these problems through SEOR’s multi-chain support

Oracle’s mainnet deposit certificate, the oBFT consensus, progressive supplier identity KYC, hypothecated mixed assets, etc.

VMC BOSE:
Cool!! So Moving to the Last Question of This Segment 😃

5)Why you choose the name SEOR to your project? Is there any interesting story behind this name? If yes please explain.

Winnie Wen:
Sure

The information we see in Blockchain is organized, standardized, and credible.

However, the real world is disordered, complex, and unreliable.

Oracle is a mechanism used to ensure that the data inputted into smart contracts are credible, essentially a bridge connecting the real world and blockchain systems.

SEOR is a set of Oracle mechanisms and Oracle protocol groups that provide reliable data for smart contracts.

This allows for smart contracts to be free of centralization issues, thus enhancing its functions.

Our goal is to build a completely decentralized oracle network.

Most of the current oracle systems in the market emphasize that they must be added to their ecology to be used.

Thus, there is no set of available cross-chain solutions for everyone to easily use.

As a result, we want to create a decentralized, intuitive, and instant query processing that doesn’t have third-party failure points and supports

SEOR or other payments for multiple mainnet assets and contract assets, multiple data types, the three technical interaction modes, and a variety of main chain oracle systems.

That's how SEOR come from

VMC BOSE:
Thanks For Answering Detaily.That's Our Introduction Segment 😊

Now we have to move to our twitter segment 😁

Winnie Wen:
Sure

Segment 2️⃣: Twitter Questions

1)According to what I’ve read, your platform is still in beta. When will a full-fledged SEOR with all of its features be available? When do you intend to conduct an audit of your platform? Is there a bug bounty programme for people to participate in?

Winnie Wen:
We have launched SEOR's test mainnet. After the testnet finished, SEOR will launch the official version.

We will announce the specific time in our official Twitter and Telegram

And for the bug bounty program, we have our own Incentive systems.

2) As an independent Oracle system, that provide a unified general data protocol for off-chain data for different blockchain systems,how does SEOR ensure the authenticity of the data?
What are your sources for data collection?Explain does this data aggregation work?

Winnie Wen:
SEOR will use the oBFT consensus algorithm, which is a hybrid consensus algorithm combining Polkadot's GRANDPA protocol, NPoS with our LON (Lightweight Oracle Network) protocol.

oBFT brings natural cross-chain and cross-domain data interaction capabilities to SEOR Chain.

Through LON verification and collection of external data, and the Oracle data in the oBFT network we reach a second consensus, therefore guaranteeing the reliability and security of the data.

oBFT has the characteristics of unlimited expansion.

Through VRF, the randomness and fairness of each consensus group generation are guaranteed, and at the same time, it can quickly reach the state finality.

This is why:

SEOR is a decentralized system specifically focused on serving oracle territory.

This is the reason why we do not use any mature consensus algorithm or rely on the underlying security of other public chains

In a nutshell, there are three main characters in SEOR system, data supplier, data verifier and data user.

Data verifier is responsible to verify the data provided from supplier, and save the data on chain.

The process that data verifier executed is very different with normal blockchain transaction verification.

The data verifier of Seor, needs mainet nodes to confirm the authenticity, so as to prevent the data supplier providing wrong data, apart from normal signature verification.

To execute the process, we developed OBFT consensus, and the independent verification mechanism of external data source is set up.

The data which only has been verified from this mechanism would be imported to the trading pool for encrypting on chain.

3) The oracles are extremely necessary for the handling of large amounts of data, could you tell us if SEOR has any alliance with projects that use it for this purpose? Cloud services, prediction and more?

Winnie Wen:
Seamless access to the high-performance public chain Seal-Oracle (SEOR)

Self-developed unified access SDK: multi-chain-js, as well as contract customization for different blockchain systems, support for codeless contract deployment of EVM compatible chains
The data of the LCDP platform provides standard common data for different blockchain systems through a common data protocol, and provides accurate data for various Dapps such as DeFi, Game, Tools, etc.

That's what SEOR for

4) So Most of the current oracle systems in the market emphasize that they must be added to their ecology to be used.Will this be necessary with SEOR?Or will you provide complete control to the users? & what makes u different from competitions like chainlink ?

Winnie Wen:
SEOR a complete set of oracle protocols, can support various multi-chain/cross-chain requirements and support for all off-chain data without joining SEOR’s ecology.

Compared with the mainstream oracle systems currently on the market, SEOR has the following advantages:

SEOR is a decentralized oracle system
SEOR provide intuitive and instant query processing
SEOR doesn’t have third-party failure points
Support SEOR or other payments for multiple mainnet assets and contract assets

SEOR supports multiple data types

SEOR supports three technical interaction modes

SEOR supports a variety of main chain

5) Could you explain to us in simple terms what is the purpose of “SEOR”? What is the strongest advantage that you think will make this team lead the market? How will you attract investors and build the trust and win the hearts of millions of people in your project?

Winnie Wen:
One of the important goals of SEOR’s LCDP platform is to effectively reduce the technical cost of major public chain ecological technicians when they cross-chain to other public chains
As well as the difficulty of technical development and application implementation for traditional Internet developers to the blockchain world
Allowing users to more conveniently and quickly access and use the ecological capabilities of different blockchain technologies
Expand the ecological boundaries of different public chains, and link heterogeneous public chain systems

SEOR can provide the most decentralized security, the highest anti-manipulation data, rapid integration
And deployment capabilities, diversified decentralized services, and the high-speed and efficient oracle network outside the blockchain world (Internet)

To achieve interoperability between the blockchain and the company's existing systems, SEOR will eventually provide a large number of blockchain middleware services🧐

Which can securely and easily connect the company’s existing systems to any blockchain network
Seamlessly access the traditional back-end infrastructure into any smart contract on the blockchain to help companies participate in the on-chain marketplace

LCDP is a future-oriented blockchain middleware that allows enterprise systems to interact with any current and future public chain or alliance chain smart contracts
And can safely transmit corporate data through a trusted execution environment.

At the same time, it simplifies the technical difficulty of sending on-chain transactions
Enabling companies the ability to provide data to numerous blockchains and interact with on-chain smart contracts, while protecting the privacy of sensitive data

That's it

VMC BOSE:
Thanks For Answering Detaily.That's Our TWITTER Segment 😊

So We Have To Move Our Next And Last Segment Of Live Q&A if you’re ready!!😃

Winnie Wen:
Sure

pls go on

VMC BOSE:
Here we go

Segment 3️⃣: Live QnA
(In this segment group was opened for 60 seconds and miners sent hundreds of questions. Guest choose some best to answer)

1)Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?

Winnie Wen:
✅Ticker:SEOR
👉Total Supply:1 billion
🔺SEOR Allocation:
1️⃣Partnerships & Ecosystem(35%)
2️⃣Network Reward(25%)
3️⃣Growth & Development(15%)
4️⃣Fund raising(11%)
5️⃣Team & Advisor(10%)
6️⃣Exchange Liquidity Provision(4%

2) One of the highlights that I see on SEOR is your use of '’Hybrid Consensus Algorithm’’. This is my first time hearing about this algorithm. Can you share more about how this algorithm works and what benefits it brings to SEOR?

Winnie Wen:
oBFT is a Double-layer consensus algorithm designed by SEOR for the Oracle field. This algorithm will combine dPoS, VRF, our unique LON (Lightweight Oracle Network) and other protocols, which is a hybrid consensus algorithm combining multiple protocols.
Data suppliers will collect, store and verify external data through LON, and implement the data consensus of the first layer.
After the data is confirmed by the LON layer, the certificated information will be transmitted to the SEOR mainnet for the second-layer’s consensus and verification process.
oBFT uses VRF technology to ensure the randomness and fairness of each consensus group. It also ensures that it can reach the final result of the state at a high speed by the same time.
oBFT brings natural cross-chain and cross-domain data interaction functions to SEOR Chain. Reaching the second consensus by LON verification, external data collection and Oracle data in the oBFT network, it can ensure the reliability and security of the data.

3) Do you have any
1. Telegram Group
2. YouTube channel
3. Tiktok Channel
4. Website
For this project? From where we can learn something? Please share with us link.

Winnie Wen:
This is our official Telegram group and website
https://t.me/SeorGroup
https://seor.io
We are preparing our YouTube
And we don’t have official Tiktok yet

4) Can you tell us about some of your partners and who you plan to collaborate with in the near future ?

Winnie Wen:
The platform now supports Ethereum, Polkadot, Polygon, BSC and other ecosystems, and will continue to support more public chain ecosystems in the future. Currently we are negotiating and cooperating with: Solana, Avalanche, Cardano, etc. We will help these ecological dApp projects to achieve business functions in a simpler way to gain a broader application market.

5) Where can I buy your token right now and do you plan to list your token on centralized exchanges like Binance?

Winnie Wen:
SEOR’s token haven’t issue yet, and IDO’s schedule is about to come. The specific centralized exchanges has not yet been determined, and we haven’t make any officially announcement. The launch on Binance is within our plan.

*This segment ends here*

VMC BOSE:
Perfect 🙌 Thank you very much for your answers and clarifications! it was an interesting AMA. And also a big thanks to the chat for all those questions.

It’s time for wraping up,any last words you like to say to our community?

Winnie Wen:
Love you guys

Can follow our news in our official Telegram group, channel and our twitter.

Thank you

VMC BOSE:
Thank you so much for spending time with our community & all the very best for " SEOR " TEAM 💎🙌

If you want to learn more about SEOR, here are important links for you:

Website: https://seor.io/

Twitter: https://www. twitter.com/SEOR001

Telegram: https://t.me/SeorGroup

Discord: https://discord.gg/THFyU4zx

Medium: SEAL-ORACLE

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CRYPTO MINERS
CRYPTO MINERS

Written by CRYPTO MINERS

AMA | Spaces | NFT | Metaverse | Giveaways | Promotions | “Backed by PinkSale, KuCoin, Hotbit, OKEX & BigOne Exchange” | TG group: https://t.me/Cryptominers_co

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