Dmail Partners With Chainlink

Published on: 27.09.2022
Dmail Partners With Chainlink

Dmail partners with Chainlink to integrate Price Feeds to help display accurate Dmail Domain Prices in the dApp’s front end.

By integrating the industry-leading decentralized oracle network, Dmail now has access to high-quality, tamper-proof price feeds. It also needs to help display the pre-sale prices for Dmail Domains. This helps give its users stronger assurances that prices for Dmail domains are accurate and up-to-date when buying a de-centralized Dmail inbox.

Dmail’s initial partnerships agreement involves using the following Chainlink Price Feeds including ICP/USD. The platform chose Chainlink as its go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production.

Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

Dmail is one of the first Web3 email applications in the DFINITY ecosystem to integrate NFT technology and distributed storage when connecting traditional email with Web3 email. But unlike conventional email, Dmail gives control back to users, who can manage and access their data through private keys. Users also have a say in the future of the product through community governance.

Furthermore, Dmail commits to providing users with a reliable email service without a centralized server. Its mission is to create a decentralized mailbox service that puts true ownership into the hands of users. It also ensures data privacy and addresses the specific needs of blockchain-savvy consumers.

Chainlink Price Feeds Helping Dmail

In order to help convert and accurately display Dmail domain prices, Dmail needed access to fresh asset prices that are supplied directly on-chain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, Dmail needs to use an oracle network to fetch aggregated price data off-chain and deliver it on-chain to be consumed by its application.

Chainlink Price Feeds don’t only help to display Dmail domain prices, but the service will also help facilitate future Dmail Network advancements. Since Dmail supports multiple chains, Chainlink Price feeds can help us offer more payment options in various currencies. Dmail will also provide users with various encrypted asset services in the future. Chainlink Price Feeds will help them deliver more accurate and up-to-date prices for these services, just as it has with Dmail domains.

“Integrating Chainlink is an important milestone towards realizing our decentralized mailbox service! Dmail’s use of Chainlink technology helps unlock a better user experience, helping the project become the leading mailbox service in the Web3 space.” —Lucas, Dmail Co-Partner

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.

Website | Twitter

ABOUT Dmails

Dmail is the first Web3.0 base mailbox dApp with integrated distributed storage. It downgrades the threshold for users to participate in the crypto world and establishes a basic gateway and key connector for on-chain and off-chain user communication. It also includes information sharing, and collaborative communication through undifferentiated information transmission between traditional emails and blockchain emails.

Website | Twitter

RESOURCES

Dmail

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 60.53%(-0.12%/24h)
ETH Dominance: 12.88%(-0.17%/24h)
Defi Market Cap: $66.72B(+6.10%/24h)
Total Market Cap: $2274.21B(+2.94%/24h)
Total Trading Volume 24h: $85.95B(+5.83%/24h)
ETH Market Cap: $293.12B
Defi to ETH Ratio: 22.76%
Defi Dominance: 2.76%
Altcoin Market Cap: $897.64B
Altcoin Volume 24h: $40.3B
Total Cryptocurrencies: 32057
Active Cryptocurrencies: 9944
Active Market Pairs: 87548
Active Exchanges: 760
Total Exchanges: 9522
BTC: 69574.88$(0.78%/1H)
ETH: 2432.24$(0.84%/1H)
AVAX: 24.01$(0.6%/1H)
BNB: 565.47$(0.73%/1H)
MATIC: 0.3$(1%/1H)
FTM: 0.58$(0.88%/1H)
ADA: 0.33$(0.25%/1H)
DOT: 3.87$(0.23%/1H)
UNI: 7.15$(0.63%/1H)
CAKE: 1.62$(0.76%/1H)
SUSHI: 0.63$(0.73%/1H)
ONE: 0.01$(1.07%/1H)