WEB3
by BSCN
December 18, 2022
Smart contract oracle network Chainlink extends to the Australian Open metaverse, Ethereum NFTs, Arbitrum and staking by T-Systems MMS.
Dominant smart contract oracle network Chainlink was on the march this week, announcing partnerships with major brands in Web3 and traditional spaces.
In this week’s roundup:
AO Metaverse, the official metaverse of the Australian Open, is integrating Chainlink VRF to ensure fairness for its AO Artball Non-Fungible Tokens (NFTs) contest. The Australian Open is one of the four Grand Slam tennis tournaments.
Each AO Artball NFT is linked to a plot on the Australian Open tennis court. If a winning shot lands on that plot, the NFT is updated with cool features. In addition to assigning plots randomly to the 9,230 existing AO Artball NFTs from 2022, artwork will be assigned randomly to the new batch of 2,454 NFTs for 2023.
“We love that anyone can confirm their ArtBalls and court plots were fairly distributed — this is important to the entire project and our ethos,” said Adam De Cata, Run it Wild Founder & NFT Tech CEO, in a Medium post.
Chainlink NFT Price Feeds are now live on Ethereum mainnet, initially supporting the following collections: Azuki Official, Bored Ape Yacht Club, CloneX, Cool Cats, CrypToadz, CryptoPunks, Doodles, Mutant Apes, Vee Friends and World of Women.
Chainlink NFT Floor Price Feeds were created in collaboration with Coinbase Cloud. They provide Web3 developers with a secure, reliable and accurate floor price feed for leading NFT collections, unlocking potential for new Decentralized Applications (dApps), Decentralized Finance (DeFi) protocols and tokens.
“We are excited about this collaboration between Coinbase and Chainlink. We’re bridging the gap between transparency and security in the NFT space by bringing reliable and timely on-chain NFT Floor Price Feeds for the top NFT collections to the Web3 world,” Coinbase VP Data Michael Li said on the Chainlink blog.
Chainlink Automation has gone live on the Arbitrum layer-two blockchain, and is being integrated by dApps including COTI and Armadillo, Cask, and DeFiEdge.
Chainlink Price Feeds first went live on Arbitrum in August 2021, according to a news release.
"We're excited to support the Arbitrum ecosystem with the native integration of Chainlink Automation, enabling developers to build highly scalable and low-cost smart contract applications that are automated end to end," said Niki Ariyasinghe, Head of Blockchain Partnerships at Chainlink Labs. "With the enhanced uptime and security guarantees provided by Chainlink Automation, Arbitrum developers can build the next generation of decentralized applications and help reliably scale the Web3 ecosystem."
IT service and consulting firm T-Systems MMS is participating in the new $LINK staking program.
A subsidiary of global telecom giant Deutsche Telekom, T-Systems MMS has been a Chainlink node operator since June 2020, according to a post on the company’s blog.
“The Chainlink Network has seen increasing adoption and growing momentum both across the blockchain ecosystem and across more traditional Web2 business sectors,” said Dirk Röder, Head of Blockchain Solutions Center at T-Systems MMS. “By participating in Chainlink Staking as a node operator, T-Systems MMS can further support the security of Chainlink oracle services while providing secure infrastructure for the growing smart contract economy.”
In addition to continuing as a node operator, T-Systems MMS will be staking LINK tokens during Chainlink Staking v0.1.
“We’re pleased that T-Systems MMS is participating in Chainlink Staking, which will help bring the Chainlink Network into the next stage of its sustainable growth through a further increase in cryptoeconomic security,” said Johann Eid, VP of Go-To-Market at Chainlink Labs. “Supporting the adoption of blockchain technology through Chainlink Staking enables T-Systems MMS to play an important role in helping realize the transformative power of smart contracts.”
Last four weekly Chainlink Roundups:
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offers global enterprises and leading data providers a universal gateway to all blockchains.
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