Spores Network Will Integrate Chainlink Price Feeds to Price NFTs and Services in its Marketplace

Published on: 13.08.2021

Spores Network Will Integrate Chainlink Price Feeds to Price NFTs and Services in its Marketplace.

Spores will use Chainlink Price Feeds to establish accurate and tamper-proof exchange rates on our platform, beginning on the Ethereum chain, but with a planned expansion to other blockchains and layer-2 solutions.

This decentralized price oracle will ensure that NFT assets and services offered in the Spores NFT Marketplace can be priced in ETH yet purchased at current exchange rates using other supported currencies and cryptos. Additionally, other DeFi ecosystem projects of Spores can leverage the oracle to expand its services offering.

About Spores

Spores Network founders believe that crypto will lead to decentralization of ownership and frictionless redistribution of capital. Their mission is to create an NFT ecosystem that is creator-centric, community-driven, frictionless, and borderless. To that end, Spores has built a cross-chain DeFi-powered NFT marketplace defining decentralized pop culture, sharing NFT content across gaming, esports, animation/anime, digital fine arts, music, and film/TV.

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.

➡️Source:
https://medium.com/spores-network/spores-network-will-integrate-chainlink-price-feeds-to-price-nfts-and-services-in-its-marketplace-bd58e9102623

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