Property’s Integrates Chainlink VRF
Property’s — a social gaming & community hub on a variety of metaverse platforms — has integrated Chainlink Verifiable Random Function (VRF) on the Ethereum mainnet.
Partnership Highlights
By integrating the industry-leading decentralized oracle network, Property’s now have access to a tamper-proof and auditable source of randomness needed to help mint NFTs and their unique attributes in a secure and fair manner. Additionally, this creates a more exciting and transparent user experience, as users can mint NFTs knowing that the outcome will be completely random, without having to worry about manipulation by a third party.
Property’s is an NFT collection based on two important elements. Firstly the element is a collecting game. Uses the utility token $BRIX to reward holders for collecting virtual property. Furthermore properties are collected, the more $BRIX is rewarded. Secondly, element is an inclusive, immersive social hub where communities, brands, and content creators can meet, collaborate, play, learn, and most specially earn within Property’s ecosystem.
In order to help provide on-chain verifiability and provable randomness within the NFT experience and on-chain gaming, Property’s needed access to a secure random number generator (RNG) that any user could independently audit.
However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions derived from blockchain data like block hashes can be exploited by miners/validators, while off-chain RNG solutions derived from off-chain APIs are opaque and don’t provide users with definitive proof about the integrity of the process.
Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The Property’s smart contract will only accept the random number input if it has a valid cryptographic proof and the cryptographic validation can only be generated if the VRF process is tamper-proof. This provides our users with automated and verifiable assurances directly on-chain that Property’s is provably fair and was not tampered with by the oracle, outside entities, or the Property’s team.
“After we used Chainlink VRF for our genesis collection, we knew that we wanted to apply this high standard of transparency for a random and fair distribution to all of our upcoming products.” — Konrad Probst, CEO of Property’s
In the future, Property’s will also continue to expand on its on-chain gaming products, utilizing Chainlink VRF to help ensure that gamers experience fair outcomes. Chainlink VRF also offers other benefits that will prove to be very helpful for the Property’s community, such as adjustable gas limits, expanded block confirmations, and the ability to request multiple random numbers in one on-chain transaction.
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 Property’s
Property’s is an NFT collection consisting of 6,000 vivid and unique virtual properties that are an ode to historical and modern architecture. The properties generate the utility token BRIX, giving its owners creative control over the Property’s ecosystem. The focus of Property’s is to build a social network within its metaverse presences where communities, brands and content creators can meet, collaborate, play, learn and earn, all while being surrounded by a stunning backdrop of the colorful properties collected.
