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OptionRoom (ROOM) is not tradable on Coinbase.

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

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OptionRoom

ROOM

About OptionRoom

OptionRoom (ROOM) is an oracle as a service (OaaS) and a forecast protocol built on Polkadot, where governance solves the oracle requests. The protocol allows users to create and participate in events where governance consensus pegs the derivates of the events with real-world outcomes. Pegging means to control the currency of an asset with the real-world currency of a country. When a user opts for an oracle request, they pay a fee. According to its whitepaper, users are rewarded for solving queries; on the other hand, if a user passes a dishonest solution, the protocol punishes the user by token slashing and score reset. 

The governance uses the OaaS protocol to solve oracle requests. The protocol also has multiple use cases where OptionRoom offers limitless prediction markets, decentralized polls, dispute resolution, decentralized surveys, and curated lists. The team of OptionRoom doesn’t receive any percentage of the protocol fee; instead, the protocol fee gets utilized in the buyback mechanism for self-sustainability. If OptionRoom generates excessive protocol fees, the fees get diverted to a reward buffer pool to be used as protocol rewards reducing inflation. 

The protocol uses a dual token model, i.e., ROOM and COURT. ROOM is the native utility token of the OptionRoom protocol. The users can earn ROOM tokens as rewards from the protocol. The protocol incentivizes the request solvers in the form of ROOM tokens.

COURT is another token of the protocol that acts as a governance token. ROOM holders can earn COURT only by staking ROOM tokens or providing liquidity. The users need to lock COURT tokens for a minimum period of twenty-four hours to earn the ability to vote on oracle requests, market validity, market settlement, and governance proposals. 

The OptionRoom protocol came into existence in September 2020. Marsel Adawi is the CEO of OptionRoom, and Nasser Najjar is the software development team lead. 

The maximum total supply of OptionRoom is one hundred million ROOM. 

Market

Market stats

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$14,719.13

Volume (24h)

$23,101.30

Circulating supply

12.5M ROOM

All time high

$4.59

Market performance

Price change (1h)

0%

Price change (1d)

+7.02%

Price change (1w)

-20.93%

Price change (2w)

+0.92%

Price change (1m)

-50.04%

Price change (1y)

+304.32%

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OptionRoom is on the decline this week.

The current price is $0.0012 per ROOM with a 24-hour trading volume of $23.10K. Currently, OptionRoom is valued at 99.97% below its all time high of $4.59. This all-time high was the highest price paid for OptionRoom since its launch.

The current circulating supply of OptionRoom is 12,493,373 ROOM which means that OptionRoom has as total market cap of 12,493,373.

FAQ

What is the current price of OptionRoom?

We update our OptionRoom to USD currency in real-time. Get the live price of OptionRoom on Coinbase.

What is the market cap of OptionRoom?

The current market cap of OptionRoom is $14.72K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of OptionRoom?

The all-time high of OptionRoom is $4.59. This all-time high is highest price paid for OptionRoom since it was launched.

What is the 24 hour trading volume of OptionRoom?

Over the last 24 hours, the trading volume of OptionRoom is $23.10K.

What other assets are similar to OptionRoom?

Assets that have a similar market cap to OptionRoom include Knight War - The Holy Trio, Paybswap, Martkist, and many others. To see a full list, see our comparable market cap assets.

How many OptionRoom are there?

The current circulating supply of OptionRoom is 12 million.

Can I buy OptionRoom on Coinbase?

Yes, OptionRoom is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy OptionRoom guide.