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Chainlink
$25.11 0.80%
LINK · 5d

Arche Network Integrates Chainlink VRF and Price Feeds into GameFi Launchpad and Prediction Market

Arche Network Integrates Chainlink VRF and Price Feeds into GameFi Launchpad and Prediction Market!

Arche Network is excited to announce that we have integrated multiple Chainlink decentralized oracle solutions. We’re using Chainlink Verifiable Random Function (VRF) to fairly select buyers in our GameFi launchpad, and Chainlink Price Feeds in Arche Network v1 for settling prediction markets and time-based swaps.

Chainlink VRF is the leading RNG solution for smart contracts that need on-chain randomness. It helps Arche Network v2.0 provide a tamper-proof and transparent launchpad to users. Using Chainlink VRF, GameFi projects can launch transparently verifiable mystery box events on Arche Network.

Chainlink Price Feeds offers premium price data with wide market coverage and robust oracle infrastructure. Price data from Chainlink Price Feeds is accurate, delivered on time, and resistant to various types of exploits and issues that plague other Oracle solutions, such as exchange downtime, flash crash outliers, and data manipulation attacks. Our prediction markets and time-based swaps are now using Chainlink’s high-quality price oracles for secure and reliable settlement.

Arche v1 is the Eros token store. Live and audited by Peckshield, it serves as a marketplace for ERC20 assets and over-the-counter (OTC) trades. Arche v2 is a game store called Echo. In Arche v2, sellers of GameFi projects will be able to create public whitelists for mystery box orders and let users buy and mint ERC-721 NFT assets.

The Arche GameFi marketplace will enable millions of gamers and esports fans to trade NFTs and virtual in-game items in the dApp using a comprehensive set of Arche features, including royalties, instant sale, custom payment tokens, and a matchmaking system. The platform also provides derivative services for trading game props, such as swap buttons and lending tools, enabling users to have a smooth trading experience.

In order to ...

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