HiFi Gaming Society Integrates Chainlink VRF

Published on: 23.10.2021

HiFi Gaming Society now have access to a tamper-proof and auditable source of randomness needed to generate HIFI’s rarity-based NFTs and to offer randomized engagement incentives on the platform. Ultimately this creates a more exciting, transparent, and fraud-proof user experience, as users can earn NFTs and random rewards with varying rarity and gamified utility, which are distributed fairly and without bias.

Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The HiFi Gaming Society smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof.

This provide users with automated and verifiable assurances directly on-chain that HiFi Gaming Society is provably fair and was not tampered with by the oracle, outside entities, or the HiFi Gaming Society team.

 

HiFi Gaming Society

HIFI is finalizing it’s successful (1000+ gamers) beta program and the whitelist/password protected site will soon be removed. HiFi’s gaming product is expected to soft launch shortly thereafter.

The GameFi P2E platform integrating Metaverse & DeFi earns users money daily to play evolving versions of classic games. HIFI is building multiple properties including HiFi Gaming (Platform), HiFi TV (1980’s MTV-vibe entertainment network for the joy of gaming, passion for NFTs, and culture of crypto), NFT Collections/Artcade (including Role Playing NFTs needed to enter the HiFi Verse).

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.

Source

https://hifigamingsociety.medium.com/hifi-gaming-society-integrates-chainlink-vrf-for-fair-rng-in-nft-generation-and-p2e-gaming-6684c8d2da33

Market Stats:
BTC Dominance: 58%(+0.00%/24h)
ETH Dominance: 12.19%(-0.16%/24h)
Defi Market Cap: $95.52B(-15.57%/24h)
Total Market Cap: $3300.89B(-1.10%/24h)
Total Trading Volume 24h: $192.86B(-12.93%/24h)
ETH Market Cap: $402.34B
Defi to ETH Ratio: 23.74%
Defi Dominance: 2.77%
Altcoin Market Cap: $1386.49B
Altcoin Volume 24h: $144.95B
Total Cryptocurrencies: 32391
Active Cryptocurrencies: 10185
Active Market Pairs: 90841
Active Exchanges: 760
Total Exchanges: 9619
BTC: 96753.03$(0.02%/1H)
ETH: 3339.28$(-0.05%/1H)
AVAX: 40.78$(0.97%/1H)
BNB: 655.36$(0.23%/1H)
MATIC: 0.56$(1.18%/1H)
FTM: 0.97$(-0.57%/1H)
ADA: 1.01$(0.88%/1H)
DOT: 8.74$(0.94%/1H)
UNI: 10.7$(0.92%/1H)
CAKE: 2.53$(1.66%/1H)
SUSHI: 1.09$(1.23%/1H)
ONE: 0.02$(-0.81%/1H)