Project Ark x Chainlink Collaboration
Project Ark will use Chainlink Verifiable Random Function VRF to randomly select winners of limited edition conservation NFTs.
Throughout many conservation projects today, there is almost no direct connection between one’s monetary contribution and the actual project on the ground. When someone donates a certain amount of money, the person usually receives a physical item in return in the form of a shopping bag, plush animal, or something correlated to the project at hand.
With the upcoming Chainlink integration, they envision a connected effort between purpose-driven individuals, artists who want to contribute to something meaningful, and non-governmental organizations (NGOs) giving their sweat and blood to save endangered animal species and at-risk areas. The closer connection between these three parts can be achieved by connecting the actual outcomes of a conservation project to a smart contract that generates a certain type of outcome such as minting an NFT reward.
For first collaboration, Project Ark plans to use Chainlink’s Verifiable Random Function to embed a random element into current funding campaign, giving participants a chance to receive an additional limited-edition NFT reward!
Cultivating community conservationists, the first official campaign launched in collaboration with WWF Romania and features a set of four different tiers of 3D audio NFTs that represent the Romanian centuries-old tradition of decorative eggs. The campaign will send the majority of the proceeds to the project on the ground. Buyers of the Egg NFTs will have a chance to receive a surprise NFT, that dozens of artists and designers contributed to create. The campaign will also sell select copies of the artwork individually — so that collectors may be able to support the WWF conservation cause directly.
“The integration of Chainlink’s industry-standard oracle network into our digital NFT marketplace has the potential to transform the animal and environmental conservation industry, closing the gap between frontline efforts and off-site contributors using digital art and fun gamification. Instead of cheering for your favorite team, you cheer for your favorite NGO that has achieved a milestone in endangered animal conservation, species repopulation, or coral reef restoration. We ultimately want to create global connectivity between the supporters of these campaigns, and the positive impact that we want to create in the world. — Max Song, Project Ark founder
When the campaign is over a request will be sent to Chainlink VRF to randomly select which contributors will receive an additional surprise reward. On a technical level, Chainlink VRF works by combining block data that is still unknown when the VRF request is initiated with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. Project Ark’s smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides users with on-chain verification that these limited-edition NFTs were distributed to contributors in a provably random process.
What is 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.
What is Project Ark?
Project Ark is an innovative new blockchain-powered conservation platform built in partnership between Carbonbase and the leading international organization World Wildlife Fund Panda Labs. We are creating an online marketplace for rare digital collectibles which directly fund animal and environmental conservation efforts around the world.
In the long run, Project Ark seeks to apply Elinor Ostrom’s theory of preserving common resource pools to address the “Tragedy of the Commons”, in which individuals neglect the well-being of society in the pursuit of personal gain, leading to overexploitation and ultimately depletion of the common resource to everybody’s detriment. Project Ark seeks to encode Ostrom’s theory of preserving the commons by creating the world’s first Decentralized Autonomous Organization (DAO) to manage digital endowment funds that protect large-scale conservation efforts of the world’s most important natural resources.
📰 INFO:
