SEEDIFY FUND TO INTEGRATE CHAINLINK VRF.

Published on: 13.05.2021

Chainlink will be integrating their Verifiable Random Function (VRF) on Binance Smart Chain (BSC). As the industry-leading Random Number Generator (RNG) solution, their integration with Chainlink VRF will result in a fully transparent, tamper-proof, and trustworthy process for determining which users in lower tiers receive allocations to IDOs on the Seedify.fund Launchpad.
Because there is a very high number of participants in the lower tiers of Seedify.fund IDOs, They will select participants from those tiers using a randomized lottery system. In order to reliably achieve this, it is important for us to use a secure and transparent randomness solution so users have definitive proof that the process is provably fair to all participants.

About Chainlink

Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others

About Seedify.fund

Seedify.fund is a blockchain innovation hub with a DAO-driven seed stage fund, decentralized incubator, and launchpad, for empowering the next innovations of the blockchain ecosystem, through community-driven governance, feedback, involvement and funding mechanisms.

⬇️DETAILS:

https://seedifyfund.medium.com/seedify-fund-will-integrate-chainlink-vrf-on-bsc-to-fairly-determine-ido-allocations-for-lower-tier-48329931de59

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