Notable Integrates Chainlink VRF
Notable Integrates Chainlink VRF to help power random airdrops, draws, and giveaways.
Notable, a revolutionary experience NFT platform, has integrated Chainlink Verifiable Random Function (VRF) on the BNB Chain mainnet.
How does the partnership work?
Furthermore, by integrating the industry-leading decentralized oracle network, Notable now has access to a tamper-proof and auditable source of randomness needed to select winning wallet addresses during airdrops, draws, and giveaways. Ultimately this creates a more exciting and transparent user experience, as its community members can independently verify the source of randomness used to power the winner selection process was tamper-proof.
Additionally, Notable strongly believes in the future of NFTs. They have proven more than capable of creating value and capturing attention. Moreover, a new type of non-fungible token is rapidly emerging. Digital assets are linked to real-life benefits in the form of a product, service, or experience. As a result, Notable has chosen to dedicate its platform to this new type of experience-focused token and are working on connecting with and supporting artists that want to create this new type of token.
TO GO FURTHER
Notable will be hosting a series of community competitions to spread awareness of its goal. In order to fairly select winners for its NFT airdrops and community competitions, we need 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 of the integrity of the process.
“Chainlink VRF is the best way to provide our community with definitive proof about the integrity of the randomness used in our airdrops and community competitions. We look forward to exploring the integration of more Chainlink trust-minimized services to enhance the functionality of our project. ”— Luca De Zordo, CEO at Notable.
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. Leverage secure off-chain computations for enabling feature-rich applications.
ABOUT Notable
Notable is the first Experience-NFT marketplace, allowing creators to monetize their popularity by offering NFT tied to real life experiences on BNBchain
RESOURCES
Medium