LitLab Games Integrates Chainlink VRF

Published on: 25.03.2023

LitLab Games — the web3 publisher and studio company — has integrated Chainlink Verifiable Random Function (VRF) on BNB Chain mainnet through JoePegs collaboration. By integrating the industry-leading decentralized oracle network, they now have access to a tamper-proof and auditable source of randomness needed to randomize the minting mechanism for the first INO of CyberTitans: “Origins”.

Eventually, this produces a more interesting and transparent user experience because users can be confident that the OGs and HYBRID NFTs in this first collection will be completely randomized and that luck will direct your path. With the first INO “Origins,” players will have access to a variety of activities within the CyberTitans ecosystem, ranging from genuine digital assets in-game to priority for future tournaments and events.

In order to comply 100% with the distribution of the different NFTs based on lucky draws, they 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 about the integrity of the process.

After reviewing various solutions, they selected Chainlink VRF because it’s based on cutting-edge academic research, supported by a time-tested oracle network, and secured through the generation and on-chain verification of cryptographic proofs that prove the integrity of each random number supplied to smart contracts.

About Chainlink

Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.

SOURCE:

https://medium.com/@LitLabGames/litlab-games-integrates-chainlink-vrf-on-cybertitans-first-nft-collection-to-help-power-9caaf875d50e

Market Stats:
BTC Dominance: 52.35%(-1.04%/24h)
ETH Dominance: 16.63%(+0.18%/24h)
Defi Market Cap: $81.93B(+15.03%/24h)
Total Market Cap: $2179.33B(-2.44%/24h)
Total Trading Volume 24h: $105.81B(+16.74%/24h)
ETH Market Cap: $362.4B
Defi to ETH Ratio: 22.61%
Defi Dominance: 3.57%
Altcoin Market Cap: $1038.37B
Altcoin Volume 24h: $57.51B
Total Cryptocurrencies: 29484
Active Cryptocurrencies: 9868
Active Market Pairs: 82690
Active Exchanges: 755
Total Exchanges: 8434
BTC: 57926.67$(-0.2%/1H)
ETH: 2969.35$(0.38%/1H)
AVAX: 33.07$(0.27%/1H)
BNB: 558.07$(0.5%/1H)
MATIC: 0.69$(0.46%/1H)
FTM: 0.66$(0.38%/1H)
ADA: 0.45$(0.21%/1H)
DOT: 6.89$(1.32%/1H)
UNI: 7.01$(0.6%/1H)
CAKE: 2.51$(0.55%/1H)
SUSHI: 0.98$(0.43%/1H)
ONE: 0.02$(0.65%/1H)