BERKELEY, Calif. – Nov. 7, 2017 – Oracles Network (https://oracles.org/) today announced details around its upcoming initial coin offering (ICO). Oracles Network is an open, permissioned and public blockchain network built on Ethereum protocol with Proof-of-Authority (PoA) consensus reached by independent, pre-selected validators. Oracles Network improves transaction speed and makes smart contracts cheaper and faster than Proof-of-Work (PoW) predecessors. The pre-sale opens to the public on Nov. 15 at 9:00 a.m. PST, closing on Nov. 21, 2017 at 9:00 PST. The crowdsale will begin on Dec. 1 at 9:00 a.m. PST and will close on Dec. 31 at 9:00 a.m. PST.
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