Chainlink VRF gives LooksRare access to a tamper-proof and auditable source of randomness. It’s what they use to determine the winning entries for blue-chip NFTs and LOOKS prizes.

Fundamentally, it can cryptographically prove to the world that every raffle is 100% fair and unbiased.

Wondering why they didn’t use another source?

Something like a block hash could be used to generate random numbers, but miners and validators can exploit this system. Not good enough for them (LooksRare).

LooksRare landed on Chainlink VRF because it’s verifiably tamper-proof, giving users definitive proof that raffles fairly select winners. Combined with its generation and on-chain verification of cryptographic proofs, Chainlink VRF ensures integrity in every random number supplied to the Raffles contracts.

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 Raffles contract only accepts the random number input if the cryptographic proof is provided, and that proof can only be generated if the VRF process is tamper-proof.

About LooksRare

LooksRare is the community-first NFT marketplace that actively rewards traders, collectors and creators for active participation.

LooksRare’s smart contracts are custom-built within a modular system that enables new features to be rolled out over time – without compromising security – thanks to standardized signatures that clearly define the execution scope.

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://docs.looksrare.org/blog/chainlink-vrf-provably-random-looksrare-raffles

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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

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They chose 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.

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 Mayfair Witches NFT 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 provides their users with automated and verifiable assurances directly on-chain that the NFT reveal process is provably fair and was not tampered with by the oracle, outside entities, or the Orange Comet team.

“Chainlink VRF is the industry-standard randomness solution in Web3. If you’re building an NFT project, one of the core tenets is a focus on community, user ownership, and transparent communication. VRF helps build up community trust by helping provide users with a uniquely Web3 assurance that giveaways, trait generations, and more were done in a provably fair manner.”—Dave Broome, Co-Founder of Orange Comet.

About Orange Comet

Orange Comet is an industry leading Web3 entertainment and gaming company, creating premium content along with technology that visually blurs the lines between the real and virtual world. They are building communities and developing ecosystems in Web3 gaming, NFT digital collectibles and Web3 experiences for global audiences and fan bases attached to some of the biggest IP ever created in the world of entertainment, music, arts and culture. Their mission is to lead the charge in Web3 entertainment by engaging fans in ways they’ve never imagined, driven by superb content creation.

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://orangecomet.com/mayfair-witches-chainlink-vrf/

The post Orange Comet Integrates Chainlink VRF appeared first on Smart Liquidity Research.

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.

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 Verseshoe 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 provides their users with automated and verifiable assurances directly on-chain that each generated randomness and the allocation of rarity to Verseshoe NFTs is provably fair and was not tampered with by the oracle, outside entities, or the Verseshoe team.

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.

About Verseshoe

Introducing the VS character, an NFT collection of unique profiles that grant access to all of Verseshoe’s upcoming projects. Only by owning a VS character will you have access to our Metaverse game, designed for both playing and receiving rewards. These NFTs are the most valuable assets of the brand, so own one today and let the VS character work for you.

SOURCE:

https://medium.com/@verseshoe/verseshoe-integrates-chainlink-vrf-to-help-power-nft-upgrades-and-reward-distributions-dafd4b8f2acc

The post Verseshoe Integrates Chainlink VRF appeared first on Smart Liquidity Research.

AvaDice Integration with Chainlink VRF, By integrating the industry-leading decentralized oracle network, they now have access to a tamper-proof and auditable source of randomness needed to reliably flip and spin dice in a variety of games. Ultimately this creates a more exciting and transparent user experience, as users now can independently verify the randomness underpinning AvaDice’s games is unpredictable.

For enhanced transparency between the project and its users, they needed 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.

With the pre-committed private key of the oracle node, Chainlink VRF creates a random number and a cryptographic proof simultaneously.

It is only possible to create a valid cryptographic proof for the AvaDice smart contract using a tamper-resistant VRF process. Chainlink VRF ensures that Oracle, third parties, and AvaDice team members cannot tamper with games.

About Chainlink

Chainlink builds, accesses, and sells oracle services required to support hybrid smart contracts on any blockchain. Chainlink oracle networks enable smart contracts to connect to external APIs and use safe off-chain calculations for feature-rich apps.

Website | Twitter

About Avadice

AvaDice is an iGaming ecosystem that enables users to play games or earn passive income by sharing AVAX. AVAX may be obtained by owning one of 4,444 handmade NFTs. AvaDice users can play games or earn passive money by sharing AVAX. Users may earn AVAX by playing games on AvaDice.

Website | Twitter

SOURCE

https://medium.com/@AvaDiceNFT/avadice-integrates-chainlink-vrf-to-help-power-provably-fair-gaming-896ded88f165

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