CURATE Integrates Chainlink
CURATE announced sponsorship of a new Chainlink Price Feed for XCUR/ETH.
This decentralized price oracle will ensure that NFT assets and services offered in the Curate NFT Marketplace can be priced in ETH yet purchased at current exchange rates using native XCUR token. Additionally, other DeFi ecosystem projects can leverage the XCUR/ETH Price Feed to easily provide support for the XCUR token.
“I’m excited to integrate Chainlink oracles for secure price data and soon for a variety of other price feeds and datasets to support the growth of the Curate NFT marketplace. This integration is the first step in ensuring Curate users receive fair and accurate prices for in-app activities.” — James, Founder & CEO at Curate
“We’re happy to support Curate in providing their users with precise, tamper-proof price feeds so they can create a transparent and fair user experience. We look forward to providing more data feeds to the Curate Marketplace as it grows to support new types of digital goods. ” — Daniel Kochis, Head of Partnerships at Chainlink Labs
Curate is a gasless marketplace app that uses blockchain technology as a payment infrastructure and means of rewarding users for their contribution to the system. The platform is centered around the theme of content discovery on NFTs.
XCUR is a multi-utility native token of Curate that offers a wide range of use cases within and outside the Curate ecosystem, such as to purchase items, unlock special discounts, redeem free shipping, and more.
With the launch of the Curate NFT Marketplace in the coming months, they plan to add even more Chainlink oracle services for NFTs. This will allow for NFT metadata, marketplace stats, and market prices to be routinely updated in real-time.
What is Curate?
Curate is the world’s first gasless NFT marketplace. Curate provides a fairer and more transparent open marketplace by offering an industry low 4% seller commission and provides buyers with zero fees when they use XCUR, curates native token, to purchase in-app. All buyers and sellers are also rewarded in XCUR on all transactions.
What is Chainlink?
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
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