Decentralized Oracle Platform Razor Network Raises $3.7 million from Alameda Research and Others

Decentralized oracle platform Razor Network has raised $3.7 million in a seed funding round, according to an announcement made on Nov. 4.

Investors include NGC Ventures, Alameda Research, Spark Digital Capital and private investors including Mariano Conti, former head of oracles at MakerDAO
The market’s most popular oracle provider is Chainlink (LINK), but the Razor team has said it is attempting to distinguish itself with a dispute-resolution mechanism for protection against attacks, citing Chainlink's exploit that occurred in late August 2020
Razor Network’s team members include Hrishikesh Huilgolkar, who previously worked at ConsenSys
The oracle network is expected to launch sometime in 2021