WEB3
by BSCN
August 7, 2023
This Chainlink weekly roundup covers the latest updates, partnerships, and novel use cases that show Chainlink's continued impact on the cryptocurrency industry.
Welcome to the Chainlink Weekly Round-Up! Chainlink remains at the forefront, revolutionizing how developers create Web3 applications. By leveraging real-world data and off-chain computation, Chainlink continues to shape the future of decentralized finance and beyond.
In this weekly roundup, we explore the latest cutting-edge advancements and transformative applications powered by the Chainlink Oracle network.
Without further ado, let’s dive into the dynamic and ever-evolving world of Chainlink!
Clip Finance has joined Chainlink BUILD to take advantage of Chainlink's industry-leading oracle services and technical support, which help support its cross-chain yield optimizer.
Clip Finance is a decentralized financial platform that offers cross-chain yield solutions and gamification features. By joining BUILD, Clip Finance can benefit from integrations of Price Feeds and Automation and access to new Chainlink beta and alpha releases.
In return, Clip Finance will provide Chainlink service providers, including stakers, with 5% of its total native token supply.
Metaboards has integrated the Chainlink Verifiable Random Function (VRF) on the Arbitrum mainnet.
Metaboards is a virtual board game that provides players with an immersive experience by combining VR and Web3 technology.
As a result of integrating the industry-leading decentralized Oracle network, the protocol will have access to a tamper-proof and auditable source of randomness for NFT loot packs and in-game dice rolls.
Intella X, a Web3 gaming platform on Polygon, has formed a channel partnership with Chainlink Labs.
The platform supports game development, seamless backend operations, and immersive gameplay. By leveraging Chainlink's Web3 services, Intella X aims to enhance the transparency and reliability of blockchain-based games built on its platform.
Chainlink VRF provides a secure, tamper-proof random number generator that can be incorporated into games to generate random loot boxes, distribute NFTs, etc.
SmartCon - Chainlink's premier web3 conference featuring leading blockchain researchers, academics, and founders - will take place October 2-3 in Barcelona. Last week, Chainlink announced over 100 speakers who will present their influential thought leadership at the event this year.
Esteemed presenters like former Google CEO Eric Schmidt and Coinbase CTO Balaji Srinivasan will be present during the event. Learn more here.
Umoja Labs has joined Chainlink BUILD to enhance access to Chainlink's Web3 services and technical support, which support the project's vision to provide Web3 technology-based payments infrastructure for emerging markets.
Umoja Labs develops Web3 infrastructure for the real world, focusing on emerging markets with little financial infrastructure. As a result of joining BUILD, Umoja Labs has access to and integration of reliable fiat currency prices from Chainlink Price Feeds and secure asset-backed token monitoring through Chainlink Proof of Reserve, which helps accelerate its development pace. In return, Umoja Labs will provide 4% of its total native token supply to Chainlink service providers.
Github for Startups is now collaborating with Chainlink Labs to enhance support for Chainlink BUILD projects. A wide variety of software is built and designed on GitHub by over 100M developers and 4M+ organizations, including 90% of Fortune 100 companies.
GitHub will contribute to the success of Web3 startups by joining a group of premier service providers supporting Chainlink BUILD projects. Chainlink BUILD projects are eligible for 20 free GitHub Enterprise seats for a year, 50% off in the second year, educational sessions designed exclusively for high-growth startups, invitations to networking events across GitHub's global community, and more under the protocol.
QiDao announced it would power its cross-chain Safe module with Chainlink CCIP. Through this tool, projects can create robust, anti-fragile systems across multiple chains.
Along with Chainlink's proven oracle network, CCIP will also have an extra layer of security called the Risk Management Network, which continuously monitors and verifies cross-chain operations for suspicious activity.
QiDao will initially integrate with Ethereum, Polygon, Optimism, Arbitrum, and Avalanche. It will be possible for protocols on these chains to automate functions related to their protocols and governance.
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Chainlink is the industry standard for building, accessing, and selling Oracle services that power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. They currently secure tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offer global enterprises and leading data providers a universal gateway to all blockchains.
Where to find Chainlink:
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