ALICE (ALICE) API and Price Oracle

ALICE

ALICE
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0xAC51...63E8
Network
Blockchain network where the asset is deployed
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Ethereum
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is ALICE (ALICE)?

ALICE (ALICE) is a cryptocurrency and governance token used within the My Neighbor Alice blockchain-based game. It allows players to own virtual land, interact with non-fungible tokens (NFTs), and participate in the game's decentralized decision-making process. ALICE was founded in 2021 by Stani Kulechov and is backed by the blockchain technology company, The Opulous. Its name is inspired by the popular children's story, Alice in Wonderland. ALICE aims to provide a user-friendly and immersive gaming experience on the blockchain.

How does ALICE work?

ALICE (A Ledger for Issuing Compelling Evidence) is an innovation that utilizes blockchain technology to create and maintain immutable records of compelling evidence. The underlying technology behind ALICE is blockchain, which is a decentralized and distributed ledger that securely records and verifies transactions or information.

ALICE operates on a specific blockchain, such as Ethereum or a private blockchain network. The choice of blockchain depends on the specific requirements of the ALICE implementation. Ethereum is commonly used due to its robustness, security, and widespread adoption in the blockchain community.

The functioning of ALICE involves several key steps. First, the compelling evidence is securely stored on the blockchain, ensuring its immutability and integrity. This evidence can be any type of digital information, such as documents, images, or videos.

To ensure the reliability and accuracy of the evidence, ALICE utilizes blockchain oracles. These oracles act as trusted external information providers, supplying verified data from outside the blockchain to the ALICE smart contracts. Oracles play a crucial role in validating the authenticity and relevance of the evidence.

Once the evidence is securely stored and verified, it becomes tamper-proof and transparent to all participants on the blockchain network. Any attempts to alter or manipulate the evidence would be immediately detectable, ensuring its integrity.

ALICE offers a groundbreaking solution for various industries that require secure and reliable evidence management. Legal, insurance, and healthcare sectors can greatly benefit from ALICE's ability to provide tamper-proof and verifiable evidence that can be used for compliance, dispute resolution, or other purposes. By leveraging blockchain technology and oracles, ALICE establishes trust and transparency, revolutionizing the way evidence is processed and managed.

What are the benefits of ALICE?

ALICE, a blockchain oracle, offers several benefits compared to its direct competitors. These benefits make ALICE an attractive choice for users in the blockchain community.

One significant advantage of ALICE is its robustness and reliability. ALICE has implemented a decentralized network of nodes that securely provide data to smart contracts. This distributed infrastructure ensures that the data obtained by ALICE is resistant to tampering or censorship.

Additionally, ALICE excels in its ability to retrieve and verify real-world data. ALICE's network of nodes actively sources information from various external sources, including APIs, web scraping, and even IoT devices. The platform then verifies the accuracy of the data using consensus mechanisms, ensuring the information provided to smart contracts is trustworthy.

Compared to its competitors, ALICE offers superior scalability and interoperability. The platform can seamlessly integrate with multiple blockchains, allowing users to access a wide range of data from different networks. ALICE's flexibility enables developers to build applications across different blockchain ecosystems, enhancing their efficiency and expanding their capabilities.

Furthermore, ALICE prioritizes user privacy and data protection. The platform employs encryption techniques and adheres to robust data privacy policies, ensuring the confidentiality of user information and preventing unauthorized access.

In summary, ALICE presents a compelling choice in the blockchain oracle space. Its emphasis on reliability, data accuracy, scalability, and privacy sets it apart from its direct competitors. By harnessing ALICE's capabilities, users can enhance the functionality and trustworthiness of their smart contracts while benefiting from a broad range of data sources and blockchain interoperability.

What is ALICE used for?

ALICE is a decentralized finance (DeFi) protocol that aims to facilitate the borrowing and lending of digital assets. It is built on the Ethereum blockchain and uses smart contracts to automate the lending process. ALICE provides users with the ability to borrow and lend various cryptocurrencies, such as Ethereum, stablecoins, and other ERC-20 tokens.

The protocol offers several use cases that are common within the DeFi ecosystem. One common use case is leveraging borrowed funds for trading or investing activities. Traders can borrow digital assets from the ALICE protocol, using their existing holdings as collateral, in order to amplify their trading positions and potentially increase their profits.

Another common use case is providing liquidity to decentralized exchanges (DEXs) or liquidity pools. Users can lend their assets through ALICE to these platforms, earning interest on their deposits. By providing liquidity, users help to ensure efficient trading and enable others to easily exchange cryptocurrencies.

One specific case that highlights the potential of ALICE is yield farming. Yield farming involves depositing assets into DeFi protocols to earn additional tokens as rewards. By utilizing ALICE, users can lend their assets and earn yield farming rewards. This allows individuals to maximize their earnings by participating in multiple DeFi opportunities simultaneously.

Overall, ALICE serves as a valuable tool for accessing liquidity, earning interest, and participating in various DeFi activities, contributing to the growth and innovation of the blockchain ecosystem.

What is DIA's ALICE API?

DIA's ALICE API is a powerful tool that allows developers to access real-time price feeds of cryptocurrencies and NFTs. These price feeds are constructed using raw data from over 85 on-chain and off-chain exchanges, ensuring accuracy and reliability.

DIA offers both free API endpoints for developers to test and fully customizable, custom feeds. The free API endpoints can be found on the asset's detail page in the DIA App and are provided for informational purposes and testing. However, the true value lies in the custom feeds that DIA offers.

Custom API data feeds from DIA can be tailored to specific requirements, including sources, methodologies, update mechanisms, and more. This means that users can request a dedicated API price feed that meets their exact needs. To request a custom feed, users can reach out to DIA via Discord or Telegram.

The applications of DIA's API are vast and wide-ranging within the blockchain ecosystem. In the realm of DeFi, the price information from DIA's APIs can be utilized for derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Additionally, in the world of NFTfi, DIA's API can be used for peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and various other applications.

In summary, DIA's ALICE API provides developers with the flexibility to access real-time price feeds and customize them according to their specific needs. By offering both free and custom feeds, DIA ensures that users can obtain the most valuable and useful information for their projects.

What is DIA's ALICE price oracle?

DIA's ALICE price oracle is a smart contract that provides real-time price feeds for cryptocurrencies and NFTs. What sets DIA apart is its integration with over 35 layer 1 and layer 2 networks, allowing the deployment of price oracles in multiple blockchains. DIA sources raw data from more than 85 on-chain and off-chain cryptocurrency and NFT exchanges, incorporating information from billions of individual trades. This extensive data collection enables DIA to deliver comprehensive and accurate price feeds that other web3 data providers may struggle to match.

While DIA offers free demo oracles for developers to test, these are strictly for testing purposes and cannot be used in production applications. However, DIA provides the option for users to request custom configuration for dedicated price feed oracles. These custom oracles can be tailored to specific requirements, such as selecting preferred sources, methodologies, and update mechanisms. To request a custom feed, users can reach out to DIA via Discord or Telegram.

DIA's price oracles have a wide range of use cases within the blockchain ecosystem. They can support various DeFi applications, including derivatives, options and futures markets, lending and borrowing platforms, collateralized stablecoins, synthetic asset issuance, and money markets. Furthermore, DIA's price oracles can facilitate NFTfi applications like peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, and fractionalization.

In the context of blockchain technology, an oracle refers to an external information provider that supplies verified data from outside the blockchain to smart contracts. Oracles play a crucial role in connecting blockchain applications with real-world data, ensuring the accuracy and reliability of information used within the blockchain ecosystem.

For more information on DIA's price oracles and how to leverage them for your specific needs, you can refer to DIA's documentation at https://docs.diadata.org/.

Why use DIA's ALICE API & price oracle?

DIA's ALICE API and ALICE Price Oracle offer significant benefits for users in the blockchain ecosystem. By utilizing DIA's technology, users gain access to accurate and dependable price data for cryptocurrencies and NFTs. The key advantage of using DIA's API or Price Oracle for a specific token is the high level of customization available. Each oracle and API endpoint can be tailored to meet the unique requirements of decentralized applications.

This customization includes configuration settings such as the data sources that comprise the feed, the application of data cleaning filters and pricing methodologies to determine price points, and the update mechanisms and frequency of the feed. This ensures that the data and oracle remain robust and adaptable to market conditions, offering global market as well as specific individual or cross-chain market prices. Consequently, DIA's solution provides a tailored and resilient approach for each user.

One notable benefit of DIA's API and Oracle feeds is the transparency they provide. DIA's technology affords full and granular transparency throughout the entire data journey. Moreover, DIA offers a range of tracking and monitoring tools to closely monitor its oracle and API feeds.

Overall, DIA's ALICE API and ALICE Price Oracle offer accurate and customizable price data, resilience to market conditions, transparency, and comprehensive tracking and monitoring capabilities. These features make it a reliable and valuable resource for users navigating the blockchain ecosystem.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.