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The decentralized on-chain oracle for inflation is based on daily real-world price information.
Austin, Texas--(Newsfile Corp. - May 17, 2022) - Truflation has successfully closed its first private token sale, securing the funding required to accelerate its mission to systematize, standardize, decentralize, and democratize the reporting of all financial and economic data, as an on-chain Data DAO.
Truflation Pioneers Censorship- Resistant Economic Data
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Truflation's seed round includes investments from Fundamental Labs, C² Ventures, Balaji Srinivasan and the IBA as well as other private investors with extensive decentralized finance and data industry expertise and influence.
Founded in 2021, Truflation offers independent and censorship-resistant US inflation calculations based on census level price information from more than 30 data sources in real time, as opposed to the BLS (Bureau of Labor Statistics) approach which is based on...
