NextVerse Is Integrating Chainlink Price Feeds to Help Secure Its NFT Gaming Marketplace

NextVerse is a Solana-based NFT game is integrating Chainlink Price Feeds on Solana.

By integrating the industry-leading decentralized oracle network, NextVerse will have access to high-quality, tamper-proof price feeds needed to calculate in-game asset values and NFT item prices in the NextVerse marketplace.

Chainlink’s highly secure and reliable price data will help provide our users with strong assurances that they are receiving accurate, real-time prices within the NFT marketplace.

NextVerse chose Chainlink as their go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

NextVerse is a collection of 7777 randomly assembled NFTs being released on the Solana blockchain.

NextVerse is more than just an art project, as users will be able to interact with their NFTs in a blockchain game currently under development. In the NFT marketplace, users can buy and sell various items, including spaceships, cars, and weapons that they can then use within the NEXTVERSE world.

In order to help secure its NFT marketplace, it needed access to fresh asset prices that are supplied directly on-chain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, they needed to integrate an oracle solution to fetch aggregated price data off-chain and deliver it on-chain to be consumed by our application.

Chainlink Price Feeds provide a multitude of critical features such as:

• High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned of outliers and wash trading. Chainlink’s data aggregation model generates more precise global market prices that are inherently resistant to inaccuracies or manipulation of any single or small set of exchanges.
• Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises. Chainlink nodes have a strong track record of reliability, even during high gas prices and infrastructure outages.
• Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.
• Reputation System — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical and real-time performance of node operators and oracle networks.

“Selecting Chainlink Price Feeds was an easy choice since they are consistently proven to provide accurate data to decentralized applications during all market and network conditions. Our users will have the best market data solution available to help ensure they receive precise price data when purchasing items through our NFT marketplace.” — Sami, Lead Game Developer

About NextVerse

NextVerse is an NFT Blockchain game with a fascinating crypto galaxy game story. Users can explore metaverse, collect resources, and purchase NFT items. In addition, users can form teams according to their NFTs to occupy planets, build buildings, and develop planets.

The NextVerse NFT is issued on the Solana chain with 7,777 unique Tokyo space society NFTs. Users who own Tokyo space society NFT will receive airdrops for Spaceship, Land, and game items that can be used in games.

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About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

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