We’re excited to announce that we are integrating Chainlink as the official oracle solution across all our NFT and blockchain gaming products on Binance Smart Chain. The integration will include the following Chainlink decentralized solutions:
By integrating with the industry-leading decentralized oracle network of Chainlink, we can build more fair, exciting, and transparent gaming experiences for our audience. At Ulti Arena we’re building three products that will make us one of the leaders in the NFT and GameFi industries:NFT marketplace for game assets, where buyers and sellers can trade unique 2D/3D assets, music, sound, and UI/HUD elements. Proof-of-Gaming, a gaming client allowing players to earn ULTI tokens when playing games such as DOTA2, LOL, CSGO, PUBG, Mobile Legends, and more. Our crypto-collectible card game, built in collaboration with Remote Control Productions and Frag Games.
To have an accurate pricing mechanism for our NFT marketplace, our platform requires real-time, tamper-proof price data on-chain, and the most reliable way to access it is through a blockchain oracle. Chainlink Price Feeds is the most time-tested oracle solution for price reference data and already helps secure tens of billions of dollars of value across DeFi and the smart contract economy. With the integration of Chainlink Price Feeds, we will be able to provide users with the ability to list NFT assets at stable prices and then pay in another cryptocurrency via accurate real-time exchange rates.
Our crypto-collectible card game will also have play-to-earn elements in it. Aside from buying and selling cards as NFTs, we will also be implementing ways for players to craft new cards. With mechanisms of price determination happening in the background, the high-quality data sourced from Chainlink decentralized oracle networks will be critical for the secure operation of the game.
Additionally, to help ensure that the token distribution in our Pro...