Let’s talk about Oasis Network and their Rose token.
In the last cycle, it reached a price of 55 cents. It is currently trading at a much lower price, but I think this coin has very high potential in the next cycle because it touches on many important themes and has many big-name backers.
One of the most notable themes is the narrative of Artificial Intelligence (AI). Oasis is a layer 1 blockchain and an AI token. Many of their partners work in key sectors in the AI space.
Oasis' founder is computer scientist Don Song, who is very focused on AI and is cited many times in the founding documents of Chat GPT. And Oasis is working with a company engaged in AI technology, which is Meta, the founding company of Facebook.
They also work with Google. Oasis also works with big brands like BMW on privacy technology. Privacy is becoming increasingly important for blockchain technology, and Oasis fundamentally protects privacy by natively supporting the use of zero-knowledge proofs (zk-SNARKs) privacy technology, which is widely regarded as one of the most powerful and reliable privacy technologies in the blockchain industry.
Oasis also has a $235 million ecosystem fund that is backed by major players like Binance and many major venture capital firms.
What’s also crazy is that their ecosystem fund is almost as high as the current market cap of the token, which is crazy. What’s even crazier is that the token is currently trading only slightly above the issue price, so now is a good time to stock up on it.