Outer Ring Archives - Smart Liquidity Research https://smartliquidity.info/tag/outer-ring/ Crypto News & Data Space Sat, 25 Jun 2022 20:46:24 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://smartliquidity.info/wp-content/uploads/2021/03/cropped-512-1-1-32x32.png Outer Ring Archives - Smart Liquidity Research https://smartliquidity.info/tag/outer-ring/ 32 32 Outer Ring Integrates Chainlink https://smartliquidity.info/2022/06/25/outer-ring-integrates-chainlink/ Sat, 25 Jun 2022 20:39:28 +0000 https://smartliquidity.info/?p=71069 Outer Ring integrates Chainlink VRF on BNB Chain mainnet to distribute 350.000 NFTs from its lootboxes, including unique weapons, armours, ships, and other in-game items.  Outer Ring is also integrating Chainlink Price Feeds in order to set conversion rates in the native NFT marketplace, which will enable players to more easily trade their tokenized items. […]

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]]> Outer Ring integrates Chainlink VRF on BNB Chain mainnet to distribute 350.000 NFTs from its lootboxes, including unique weapons, armours, ships, and other in-game items. 

Outer Ring is also integrating Chainlink Price Feeds in order to set conversion rates in the native NFT marketplace, which will enable players to more easily trade their tokenized items. The game is a player-driven economy, so all NFTs tradable in the marketplace are assets generated or created by a player.

Key results

8.525.000 – 4.262.500 BUSD in volume
+18.000 governance token holders
+350.000 random NFTs generated

Each of the loot boxes that Outer Ring will release on June 29th contains 3 to 13 NFTs. The in-game loot boxes contain a variety of different NFTs, including armour pieces, weapons, materials, vehicles, and more.

Chainlink VRF works by combining block data that is still unknown. The Outer Ring 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 helps provide users with automated and publicly verifiable proof directly on-chain that each lootbox.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services. It 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. Also, Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries. It offers global enterprises and leading data providers a universal gateway to all blockchains.

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About Outer Ring MMO

Outer Ring MMO is a science fiction MMORPG(Massively Multiplayer Online Role-Playing Game) with tokenized economy. The universe created within the game is based on the Outer Ring Saga. A novel where 5 species, divided into 4 different factions, fight for the control of planets and resources.
Using blockchain technology to convert all kinds of items and assets into fungible or non-fungible tokens (NFTs).
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