MetaMerce Integrates Chainlink VRF

Published on: 31.08.2022
MetaMerce Integrates Chainlink VRF

MetaMerce integrates Chainlink VRF on the BNB Chain mainnet to help power a Provably Fair NFT Distribution. By integrating the industry-leading decentralized oracle network, MetaMerce now has access to a tamper-proof and auditable source of randomness needed to help ensure a verifiably random distribution of its NFTs.

Metamerce is a cutting-edge integrated virtual city built for entertainment, offering shopping, content creation, music composing, networking, chatting domains, and 3D gaming. Merchants can add their stores to the city and users can securely pay with cryptocurrency.

Metamerce also has its own NFT marketplace. It will eventually hold artist-created original artwork entitling buyers to both the NFT art and a physical art representation for maximum ownership rights. Users will have the ability to buy NFTs. Receive the original artwork from another NFT holder by using Metamerce as a third-party or transacting peer-to-peer.

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. Generate both a random number and a cryptographic proof. The MERCE smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof generates if the VRF process is tamper-proof.

This provides its users with automated and verifiable assurances directly on-chain that the distribution of NFTs for users is provably fair and was not tampered with by the oracle, outside entities, or the MERCE team.

“The fair distribution of NFTs is key to inspiring user confidence and encouraging continuous engagement. Using Chainlink VRF enables MERCE to access verifiably random numbers that help us uphold the core values of blockchain technology — transparency and fairness.” — Founder at MetaMERCE.

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. Leverage secure off-chain computations for enabling feature-rich applications.

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ABOUT MetaMerce

Metamerce is an entertainment city in the Metaverse. The project’s business model enables merchants to add their stores and lets users securely pay with cryptocurrency. Metamerce also offers shopping, networking, chatting domains, and 3D gaming for an immersive virtual experience.

Website | Twitter

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