Tom N Toms Coffee integrates Chainlink
Tom N Toms Coffee integrates Chainlink Price Feeds To Help Secure Prices in its NFT Marketplace HEYST. Tom N Toms Coffee is a coffeehouse chain based in South Korea with over 400 branches in 9 countries.
The Tom N Tom platform is integrating Chainlink Price Feeds on Polygon mainnet into its NFT marketplace HEYST. By integrating the industry-leading decentralized oracle network, Tom N Toms Coffee has access to high-quality, tamper-proof price feeds needed to help calculate prices in HEYST. This will provide its users with stronger assurances that the prices in our NFT marketplace are calculated using high-quality price data.
“HEYST” is a platform that combines NFTs from multiple NFT markets in one place. Therefore it provides convenience to NFT users.
Initial integration involves the use of the following Chainlink Price Feeds:
Tom N Toms was established in 1999 to popularize Korean coffee and has grown into one of the top coffee brands in the country. The brand has expanded to over 400 branches in 9 different countries worldwide and is expanding market share by targeting both domestic and overseas markets. Tom N Toms recently announced the launch of an NFT aggregator marketplace HEYST, which will be live in mid-December, 2022.
In order to help secure pricing in HEYST, Tom N Tom needs 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, they needed to make use of an oracle network to fetch aggregated price data off-chain and deliver it on-chain to be consumed by our application.
ABOUT Tom N Tom
Tom N Toms Coffee, a coffeehouse chain based in South Korea with over 400 branches in 9 countries, announced the launch of an NFT aggregator marketplace “HEYST” in mid-December, 2022.
Chainlink is the industry-standard Web3 services platform. It enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries.