NFTBank Launches Chainlink Node To Bring CryptoPunks and Bored Ape Yacht Club NFT Market Data to DeFi Markets

Published on: 15.02.2022

NFTBank, an NFT portfolio management service, has made its NFT market data available on-chain through the Chainlink Network.

By leveraging Chainlink oracles, NFTBank can now offer its market data for flagship NFT projects such as CryptoPunks and Bored Ape Yacht Club (BAYC) directly on-chain for immediate use within DeFi and other smart contract applications.

Developers can now use NFTBank’s CryptoPunks and BAYC market data to spearhead a wide range of smart contract use cases that rely on an aggregation of data sources for NFT market data, including using NFT collections as collateral for DeFi loans or fractionalized ownership of NFTs. Please see the documentation here.

Chainlink offers wide range of best-in-class features, such as:

  • Credential Management
  • Blockchain Agnostic
  • Widely Adopted
  • Provably Secure

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.

About NFTBank

NFTBank is a leading NFT portfolio management service that drastically improves visibility to NFT portfolios spread across different wallets and blockchains. NFTBank is powered by its in-house price prediction model that uses historical sales data and NFT metadata to accurately predict market value of individual NFTs. NFTBank continues to build tools that empower NFT investors, creators, guild managers and scholars.

➡️Source:
https://medium.com/nftbank-ai/nftbank-launches-chainlink-node-to-bring-cryptopunks-and-bored-ape-yacht-club-nft-market-data-to-247e9d17b6b9

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