Wed, April 24

Chainlink Network Incorporates an Average of 1.4 New Partners

Chainlink Network Incorporates an Average of 1.4 New Partners Blockchain News
  • Chainlink incorporates an average of 1.4 new partners per day.
  • 281 various crypto projects have declared incorporation.
  • Infinity Skies announced it had teamed up with Chainlink on July 20.

Chainlink, tokenized oracle network, has incorporated partner integrations at a rate of over 1.4 daily during 2021. According to the maintained record of Chainlink’s network portal, 281 various crypto projects have declared incorporation during 2021 till now, with the calendar currently 201 days into the year.

Moreover, with all third-party Chainlink incorporations sums of 650, nearly 43% of the project’s partners integrated this current year. In 2020 nearly 250 partners, incorporated with the Chainlink network.

Even more, many of Chainlink’s partners are little-known projects in their developing stages. Some of the crypto platforms leading players have the latest grouped up with the oracle provide. Which includes, Huboi’s ECO Chain, the Hedera Governing Council, and Alchemix.

Henceforth, more projects also utilizing Chainlink’s Verifiable Random Function (VRF). VRF enables decentralized applications (dApps) secure and automated consultations for generating randomization.

Blockchain-Powered Game Infinity Skies

More so, Infinity Skies, a game powered by blockchain announced it had teamed up with the Chainlink network on July 20 to provide its in-game loot adequately.

Blockchain-powered game Infinity Skies stated, “Since loot is probabilistic and NFTs hold real value to players. It is imperative that the minting of loot cannot be gamed”. Also, Infinity Skies added,

“Chainlink VRF provides the Infinity Skies smart-contract responsible for chest opening with direct access to a tamper-proof and auditable random number to determine outcomes when opening chests”.

Additionally, crypto developers have come up with new ideas for unique applications for Chainlink’s VRF functionality. PancakeSwap also incorporating the Verifiable Random function (VRF) for its decentralized lottery application in the previous week. Hence more, other crypto projects also using VRF to enable prizes and rewards to issued in a verifiably fair fashion.

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