Vent Launches With Chainlink VRF Live on Polygon.

Published on: 30.06.2021

Chainlink excited to announce that the integration is now live on the Polygon mainnet, allowing us to validate the integrity of the random integer generated. As a result, users can now have automated and verifiable assurances directly on-chain that each launchpad allocation is provably fair and was not tampered with by the oracle or any outside entities. With development integrations such as Chainlink’s VRF, Bridge Mutual’s coverage solution for dApp investments, and Synaps’ new and improved KYC flow, we provide our community with access to unique and promising projects in a reliable, transparent, and secure manner.

They selected Chainlink VRF as our go-to random number generator (RNG) solution because it allows any user to verify the integrity of the randomness relied on to our Decentralized Allocation System. By supplying cryptographic proofs, Chainlink VRF ensures that the randomness is generated and supplied on-chain in a tamper-proof manner, leading to provably fair and unbiased outcomes for all users. Not even our development team can tamper with the process, nor can outside users predict results.

About Chainlink

Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.

About Vent Finance

The VentUp launchpad turns ideas into successful growth journeys. It’s where founders share innovative blockchain projects with the communities that will join forces to fund them.

VENT is empowering startups and investors with technology that supports sustainable growth. We work to make decentralized funding simple and accessible as we believe in financial inclusion and an economy where innovation can benefit society as a whole

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