Chainlink Weekly Roundup: Wizard Financial, Shamba, Cask Protocol

by BSC News

November 11, 2022


Chainlink, the dominant smart contract oracle, announces partnerships with Wizard Financial, Shamba Network and Cask Protocol.

Chainlink for GameFi, African Farmers, Money Flow Automation

Regardless of short-term market turmoil, Chainlink continues to build relationships throughout the crypto universe. This week, the dominant smart contract oracle network announced partnerships with a GameFi project and Non-Fungible Token (NFT) ecosystem, an ecological data platform, and Web3 Money Flow Automator protocol.

In this week's roundup:

Source: Chainlink

GameFi, NFTs

BNB Chain GameFi project Wizard Financial has integrated Chainlink VRF to ensure that character minting and battle outcomes are based on provably fair randomization.

Wizard Financial’s Heroes VS Demon Lords is an on-chain PlaytoEarn game where users earn WIZARD tokens for winning battles.

“The Wizard Financial team selected Chainlink VRF because it is a top-notch solution for verified random number generation on the blockchain. It also gives our players stronger assurances that all in-game outcomes are based on a provably fair source of randomness,” Wizard Financial Lead Developer Derek said in a Medium post.

Helping African Farmers

Shamba, a Web3 decentralized monitoring reporting and verification (DMRV) network, has integrated Chainlink’s oracle technology on Arbitrum, Avalanche, Ethereum, Optimism, and Polygon chains.

The ecological data can be used to power smart contract applications, such as parametric crop and livestock insurance, to further Shamba’s goal of supporting farming and herding communities across Africa.

“We’re excited to integrate Chainlink technology to help access data from global satellite operators and provide it to smart contracts. By helping bring critical weather data on-chain in a highly reliable manner, the Chainlink Network helps us empower smallholder farmers across Africa to hedge against climate risks and explore new income pathways,” Shamba Founder Kennedy Ng’ang’a said in a Medium post.

Shamba plans to launch a regenerative finance (ReFi) solution to enable small farmers to create and monetize carbon credits on their farms.

Web3 Automation

Cask Protocol, a decentralized non-custodial protocol for powering money flow automation in Web3, is joining the Chainlink BUILD program.

Utilities include accepting recurring payments with Web3 subscriptions, scheduling auto-buys on Decentralized Exchanges (DEXes), sending recurring peer-to-peer payments and automatic on-chain protocol interactions.

Cask Protocol currently uses Chainlink Automation and Chainlink Price Feeds.

“Cask is thrilled to join Chainlink BUILD, which will help accelerate the adoption of automated money flows, making Web3 easier for both users and developers. By using Chainlink Automation as our automation provider and Chainlink Price Feeds for price data, we benefit from access to the most reliable and best-supported trust-minimized services in Web3. We look forward to our continued collaboration with the Chainlink ecosystem and building new services that will benefit the community,” Cask Protocol Co-Founder Matt Brickley said in a press release.

Cask Protocol has committed 5% of the total CASK token supply to Chainlink service providers in exchange for enhanced features, support, and other benefits.

Check out BSC News' Weekly Roundup to keep up with the latest updates about the smart contract powerhouse.

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What Is Chainlink:

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. 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:

Website | Twitter | Docs | Community

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