Smart contract oracle network Chainlink hit $7 trillion in TVE, added a new BUILD program member and partnered with a mobile car-racing GameFi app.
Major Milestone, Web3 Storage, Phone Gaming
Chainlink continues to expand its reach in the crypto sector. This week, the dominant smart contract oracle network celebrated a milestone in Transaction Value Enabled (TVE), attracted a new Chainlink BUILD program member, and announced a partnership with a mobile app.
announced partnerships with two carbon credit-related projects, a Non-Fungible Token (NFT)-based strategy game, and a Decentralized Finance (DeFi) protocol on BNB Chain.
In this week’s roundup:
Chainlink Hits $7T
The Chainlink Network reached a major milestone in TVE, surpassing $7 trillion in on-chain transactions facilitated by Chainlink oracles since the beginning of 2022.
⬡ Network Milestone ⬡
The #Chainlink Network has surpassed $7 trillion in transaction value enabled (TVE)—a measure of aggregate USD value of on-chain transactions facilitated by Chainlink oracles across 12 blockchains since the start of 2022. pic.twitter.com/Gzw5C3x2ew
— Chainlink (@chainlink) January 25, 2023
Read this Chainlink blog post to learn more about TVE and other Web3 metrics.
FilSwan Joins Chainlink BUILD
FilSwan has joined the BUILD program to accelerate the adoption of its cross-chain decentralized storage and compute solution.
“We are excited to join Chainlink BUILD, which will help us expand the usage of our Web3 storage and compute solution. The Chainlink Network underpins the multichain ecosystem, and its support will help us rapidly gain users for our platform,” FilSwan Founder Charles Cao said in an announcement. “Ultimately, we aim to complement Chainlink oracle services with backend infrastructure that supports a thriving cross-chain blockchain ecosystem.”
FilSwan is building a cross-chain platform to help Web3 projects integrate data, edge computing, bandwidth, and payments, with the goal of decentralizing and democratizing data storage and computing online.
FilSwan already uses Chainlink Price Feeds on its multichain.storage platform, and plans to integrate Automation into its decentralized computing platform LagrangeDao.
As part of BUILD, FilSwan will gain access to new alpha and beta product releases, to dedicated technical support, and more.
In return, FilSwan will commit a portion of its total token supply to Chainlink service providers, including stakers.
Karto Cars NFT Mint
Karto Cars has integrated VRF on Ethereum to ensure a fair mint of its Non-Fungible Tokens (NFTs).
“The team and I decided to use Chainlink VRF so that our community understands we made the minting process as fair and transparent as possible. Our goal was to ensure that every player has a fair chance of minting the rarest NFTs, and Chainlink VRF is the best solution to accomplish that!” CEO Najib EL Hayek said in a Medium post.
Karto Cars is a Free-to-Play/Play-to-Earn racing game available on the App Store and Google Play Store. The mobile phone game features a collection of 2,500 retrofitted car NFTs.
Last four weekly Chainlink Roundups:
- Jan. 22: Etherisc, OpenEarth, Planet IX, EMP Money
- Jan. 15: Mind Network, Polarys, Festa do Taipe
- Jan. 8: Cask, OnePlanet, Kwil, 2022 Highlights
- Dec. 31: Blueberry, Magpie, Galileo, Fuse Gold
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. 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.
Where to find Chainlink:
Website | Twitter | Docs | Community
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