StartFi Integrating Chainlink VRF to Bring Fair Randomness to NFT Fundraising

Published on: 30.09.2021

StartFi is integrating Chainlink VRF on the Ethereum, Polygon, and Binance Smart Chain blockchains to bring fair randomness to NFT fundraising.

By integrating the industry-leading oracle solution into our platform, we will have access to a tamper-proof and verifiable source of RNG that content creators can use to help power provably fair and dynamic NFT launches. Additionally, Chainlink VRF will drive a more exciting, transparent, and fraud-proof user experience for NFT collectors and fan bases of NFT creators.

StartFi is a digital NFT platform that aims to help content creators raise funds for their digital content, while sharing rewards and NFT sale revenue. With NFTs being the future of digital content copyright and ownership, we aim to provide a decentralized platform that allows any content creator to seamlessly mint, market, and sell their NFTs across various blockchain networks. Additionally, support for trusted KYC pools and private auctions is provided, allowing for a significant degree of flexibility.

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.

About StartFi

StartFi is a content management platform that is powered by NFTs. StratFi’s mandate is providing content creators globally with blockchain networks agnostic solutions and tools needed to digitize, manage, and monetize their content using a user-friendly platform that can onboard all types of users regardless of their technical ability.

StartFi content management platform has two components. The first one is a marketplace where various users can create various types of NFTs for their content in order to list them in the marketplace as buy now items or auctions with certain business rules like royalties. The second component of the platform is a Launchpad where verified and curated content creators and projects can run Initial NFT Offering (INO) offerings that users can participate in. This platform will be available on various mainstream blockchain networks like ETH, BSC, HECO, etc. in order to give users various options and opportunities to maximize their ROI using StartFi platform.

➡️Source:
https://startfinance.medium.com/startfi-is-integrating-chainlink-vrf-to-bring-fair-randomness-to-nft-fundraising-bae965fca19b

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