Binemon Integrates Chainlink VRF

Published on: 06.05.2022

Binemon integrates Chainlink VRF. By integrating the industry-leading decentralized oracle network, Binemon now have access to a tamper-proof and auditable source of randomness needed to assign verifiably random numbers to each Binemon egg when a player opens one. These numbers are then used to determine winners in their raffles and special events, helping make the selection process more transparent.

Binemon is a meme NFT play-to-earn game combining multiple genres: Collectible, Gacha & Idle RPG. Besides PVP and PVE gameplay and a Guild system, Binemon also owns its Squid Game Series in preparation for our Metaverse expansion. Binemon is easy to join, but captivating with strategic gameplay.

In order to help give players an equal chance of winning in their raffles and special events, they 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.

As Binemon expands, they’re also planning to integrate Chainlink Keepers for secure smart contract automation and Chainlink Price Feeds for high-quality real-world data.

“Providing our community with a high standard of transparency is essential, which is why integrating Chainlink VRF was a simple decision. The industry-standard RNG solution helps us give stronger assurances to our player base that our raffles are provably fair and tamper-proof.” — Frank Desifone, Binemon CEO

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.

Binemon

Binemon is NFT Play-To-Earn game combining genres: Collectible, Gacha & Idle RPG. Beside PVP, PVE gameplay, Guild system, Binemon also owns its Squid Game Series in preparation for Metaverse expansion. Easy to join, but captivating with the strategic gameplay.

Source

https://binemon.medium.com/binemon-integrates-chainlink-vrf-to-help-determine-winners-in-raffles-and-special-events-b5efab8c4f3e

Market Stats:
BTC Dominance: 52.41%(+0.59%/24h)
ETH Dominance: 16.56%(-0.30%/24h)
Defi Market Cap: $100.26B(+25.09%/24h)
Total Market Cap: $2466.23B(-3.80%/24h)
Total Trading Volume 24h: $143.34B(+14.15%/24h)
ETH Market Cap: $407.94B
Defi to ETH Ratio: 24.58%
Defi Dominance: 3.87%
Altcoin Market Cap: $1173.7B
Altcoin Volume 24h: $92.86B
Total Cryptocurrencies: 28488
Active Cryptocurrencies: 9118
Active Market Pairs: 74548
Active Exchanges: 730
Total Exchanges: 8112
BTC: 65957.16$(-2.72%/1H)
ETH: 3412.34$(-3.35%/1H)
AVAX: 58.1$(-3.95%/1H)
BNB: 532.26$(-4.3%/1H)
MATIC: 0.99$(-4.06%/1H)
FTM: 0.88$(-5.44%/1H)
ADA: 0.63$(-4.56%/1H)
DOT: 9.41$(-4.86%/1H)
UNI: 11.33$(-4.5%/1H)
CAKE: 3.77$(-5.41%/1H)
SUSHI: 1.62$(-3.49%/1H)
ONE: 0.03$(-5.56%/1H)