Kryptomon Integrates Chainlink VRF

Published on: 22.03.2022

Kryptomon announced integration of Chainlink Verifiable Random Function (VRF) on the BNB Chain mainnet to Help Power Verifiably Random NFT Lucky Draws.

By integrating the industry-leading decentralized oracle network, Kryptomon has leveraged a tamper-proof and auditable source of randomness that helps guarantee an unbiased selection of winners in its weekly lucky draw. Ultimately this creates a more exciting and transparent user experience, as users can rest easy knowing that Chainlink VRF helps ensure each user has a fair chance in the lucky draws.

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 Kryptomon smart contract will only accept the random number input if it has valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides users with automated and verifiable assurances directly on-chain that the selection of Kryptomon lucky draw winners is provably fair and was not tampered with by the oracle, outside entities, or the Kryptomon team.

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 and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

About Kryptomon

Kryptomon is a highly anticipated Play To Earn crypto NFT game that runs on the Binance Smart Chain (BSC). Kryptomon will be a much more appealing option to mainstream players due to it’s low gas fees, unlike other platforms that charge higher fees for transactions. Community members play as ‘Trainers’ of their own individual monsters — Kryptomons — each of which is a completely unique digital asset connected to an NFT. Each has a unique but mutable genetic code (genotype) that determines all of the aspects — physical and behavioral — of the creature. In short — think Pokémon meets CryptoKitties and Tamagotchi.

➡️Source:
https://medium.com/kryptomon/kryptomon-integrates-chainlink-vrf-to-help-power-verifiably-random-nft-lucky-draws-3c05d7cd1aff

Market Stats:
BTC Dominance: 58.8%(+0.12%/24h)
ETH Dominance: 12.33%(+0.09%/24h)
Defi Market Cap: $88.05B(+13.56%/24h)
Total Market Cap: $3081.73B(+0.91%/24h)
Total Trading Volume 24h: $197.65B(+30.06%/24h)
ETH Market Cap: $380.97B
Defi to ETH Ratio: 23.11%
Defi Dominance: 2.73%
Altcoin Market Cap: $1269.66B
Altcoin Volume 24h: $121.55B
Total Cryptocurrencies: 32278
Active Cryptocurrencies: 10090
Active Market Pairs: 89614
Active Exchanges: 761
Total Exchanges: 9592
BTC: 91620.67$(0.21%/1H)
ETH: 3155.35$(-0.09%/1H)
AVAX: 34.99$(-0.59%/1H)
BNB: 619.91$(0.22%/1H)
MATIC: 0.44$(-0.87%/1H)
FTM: 0.71$(-1.47%/1H)
ADA: 0.74$(-0.19%/1H)
DOT: 5.89$(-1.4%/1H)
UNI: 9.18$(0.26%/1H)
CAKE: 1.94$(-0.27%/1H)
SUSHI: 0.79$(-1.95%/1H)
ONE: 0.02$(-2.02%/1H)