CryptoZoon has revealed the inclusion of a pricing feed intelligence service using Chainlink, the industry’s premier decentralized oracle system. Numerous NFT rarities and cryptocurrency valuables can be offered at a fixed price and then acquired in a separate cryptocurrency utilizing real-time exchange rates, thanks to CryptoZoon’s integration of Chainlink Pricing Streams for trustworthy pricing data within the NFT ecosystem. They chose Chainlink Pricing Feeds because it provides cryptographic protocol developers with decentralized, vandal-proof, and reliable on-chain pricing digital data. Cryptozoon has placed its trust in the collaboration because Chainlink Price Feeds has been time-tested and has managed to secure billion dollars across the gaming and DeFi industries.
CryptoZoon aspires to become the first platform to combine the excitement of playing with the importance of digital antiques, culminating in a world of exceptional virtual critters. CryptoZoon combines next-generation NFT-based gaming with a blockchain-based decentralized monetary system, transforming the play into a play-to-earn GameFi (Gaming + DeFi) sector.
CryptoZoon is based on the principle of scalability in mind and user accessibility. CryptoZoon distinguishes itself by identifying the ‘equi-foci’ between the fun of playing online games and the valuation of NFT collections.
Customers can swap virtual assets for ZOON tokens, exchange other crypto-assets, and partake in yield farming on the CryptoZoon platform. Chainlink’s business pricing feed gives extra confidence by serving as the primary provider of exchange rates for most CryptoZoon trading activities. This will provide customers with a decentralized, real-time source of pricing data, which will minimize any price fluctuations in the CryptoZoon market.
Chainlink Pricing Streams, unlike other oracles that are centralized or depend on low-quality information, use high-quality data and a decentralized infrastructure to avoid erroneous data or data-feeding outages.
Chainlink Price Feeds have a number of prominent qualities, including:
- Chainlink Price Feeds gather information from a multitude of quality data centers, resulting in pricing data collected from several platforms, balanced by size, and free of anomalies and questionable quantities.
- Autonomous, safety-reviewed, and Sybil-resistant database nodes managed by premier blockchain development & operations teams, information providers, and traditional corporations protect Chainlink Price Feeds.
- Chainlink Price Feeds are decentralized at the source of data, oracle nodes, and oracle system level, resulting in strong safeguards against unavailability and manipulation.
- Chainlink’s reputational structure and on-chain monitoring services permit customers to objectively evaluate the past results of node owners and oracle networks and examine the genuine prices being provided.
About Chainlink
Chainlink is the standard industry oracle system for mixed payment systems.
Hundreds of organizations, ranging from multinational corporations to initiatives at the vanguard of the digital industry, rely on Chainlink to give unequivocal facts via safe, dependable oracle systems.
About CryptoZoon
CryptoZoon is a GameFi collectible initiative that contains blockchain-enabled virtual creatures t housed on the quick and trustworthy smart network BSC (Binance Smart Chain).