Pragma

Pragma.build is a cutting-edge startup operating in the blockchain and decentralized finance (DeFi) sector. The company specializes in providing data feeds for decentralized applications (DApps), which are applications that run on blockchain networks. Pragma's primary market includes developers and businesses building on Starknet, a layer-2 scaling solution for Ethereum, and zk Rollups, a technology that enhances blockchain efficiency and scalability.

Pragma's core offering is its suite of oracles, which are services that bring external data onto the blockchain. This data is crucial for smart contracts—self-executing contracts with the terms directly written into code—to function correctly. Pragma's oracles are branded as "truth machines," emphasizing their reliability and accuracy. The company has also introduced the Pragma API, which allows seamless integration of these data feeds into various DApps, with Starknet being the first adopter.

One of Pragma's notable innovations is the Verifiable Random Function (VRF) in Cairo 1, which generates on-chain verifiable randomness. This feature is essential for applications requiring random outcomes, such as lotteries or gaming, ensuring fairness and transparency.

Pragma's business model revolves around providing these data feeds and APIs to developers and businesses. They generate revenue through subscription fees, usage fees, and potentially through future token offerings. By offering a robust and reliable data infrastructure, Pragma enables its clients to build more sophisticated and trustworthy DApps.

In summary, Pragma.build is at the forefront of integrating reliable data into the blockchain ecosystem, serving developers and businesses in the DeFi space. Their innovative solutions like VRF and comprehensive APIs position them as a leader in the market.

Keywords: blockchain, decentralized finance, data feeds, oracles, smart contracts, Starknet, zk Rollups, Verifiable Random Function, Pragma API, truth machines.