Solanart Integrates Chainlink Price Feeds

Published on: 21.07.2022

Solanart has integrates Chainlink Price Feeds to help provide a better NFT marketplace experience.

By integrating the industry-leading decentralized oracle network, Solanart has access to high-quality, tamper-proof price feeds needed to help display USD-based prices for the NFTs listed on our marketplace. This will provide our users with stronger assurances that NFTs priced in USD more accurately reflect current market conditions.

Solanart is a fully fledged NFT marketplace based on the Solana network that allows anyone to buy or sell Solana-based NFTs. Solanart aims to help promote artists and creators by providing them with a trustless marketplace to share their art.

Chainlink Price Feeds helps Solanart to show buyers and sellers the live price of NFTs in USD. It has also helped us to add marketplace enhancements such as allowing users to sort and filter NFTs by the USD price and to view their total wallet value in USD as well as SOL.

Chainlink Price feeds provides critical features such as:

  • High-Quality Data
  • Secure Node Operators
  • Decentralized Network
  • Reputation System

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.

Website | Twitter 

About Solanart

Solanart is the first marketplace on Solana to buy, trade, and sell non-fungible tokens (NFTs). Chat on-chain with buyers and sellers, launch a project with our launchpad, or just explore what’s on offer.

Website | Twitter

➡️Source:
https://medium.com/@solanart/solanart-integrates-chainlink-price-feeds-to-help-provide-a-better-nft-marketplace-experience-b7bb8a82b243

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