1/ #Chainlink is extending its reach is in the blockchain gaming industry, in which the project's price feeds and randomization tech are starting to gain traction and show their potential. $LINK đź‘€
2/ A non-fungible token (NFT), is a special type of cryptographic token which represents something unique, NFTs are thus not mutually interchangeable by their individual specification. NFTs, have exploded in popularity over the last two years. $LINK.
3/ NFTs in general have been static and on-chain. But since chainlink decentralized oracles can make smart contracts “smarter” by providing them with off-chain data.
4/ #Chainlink’s tech makes it possible for gaming NFTs to become dynamic and tied to external factors, like a score during a sports game updated to a player’s NFT trading card. $LINK
5/ NFTs can also greatly benefit from #Chainlink’s price feeds. These gaming assets and assets like ETH, have exchange rates and accurate rates are needed to power an effective in-game economies. That’s where #Chainlink’s price feeds can offer a plug-and-go solution for projects
6/ Next come #ChainLink's VRF usecase. But first what is VRF in general? A Verifiable Random Function (VRF) is the public-key version of a keyed cryptographic hash.
7/ Only the holder of the private key can compute the hash, but anyone with public key can verify the correctness of the hash. VRFs are useful for preventing enumeration of hash-based data structures
7/ Traditional randomness solutions are imperfect and insecure for gaming projects in the cryptoeconomy, and that’s where $LINK VRF comes in: it gives game developers the ability to ensure randomness on-chain when it comes to performance outcomes, asset mints, and more.
8/ Chainlink's official https://twitter.com/chainlink/status/1288114825395019788?s=20
9/ In this vein, lotteries are another area where $LINK VRF can shine. For e.g earlier this month the oracle project held the GameJam Hackathon in collaboration with the Colorado Lottery, with lotto + VRF innovations the event’s topic of focus https://twitter.com/chainlink/status/1294650207427342336?s=20
10/ Since #Chainlink is a middleware project, it’s able to serve the oracle in variety of blockchain networks.
Ofc, #ETH is currently home to the vast majority of the gaming activity, but Chainlink is well positioned to capitalize if/when gaming starts to pick up on other chains
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