BRN Metaverse Integrates Chainlink Price Feeds To Help Power Its NFT Marketplace!
We’re excited to announce that BRN Metaverse — a metaverse gaming project and NFT marketplace — has integrated Chainlink Price Feeds on BNB Chain mainnet. By integrating the industry-leading decentralized oracle network, the BRN Metaverse project can access high-quality, tamper-proof price feeds needed to provide accurate NFT prices in our marketplace. This will give our users stronger assurances that USD prices for NFTs listed are accurate and up-to-date.
Our initial integration involves the use of the following Chainlink Price Feeds: BNB/USD. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
We also plan to establish an NFT marketplace. This NFT marketplace will feature NFTs that have utility in our metaverse game and NFTs produced by other digital artists.
We will hold regular NFT auctions every month at our headquarters within the metaverse game, and sell NFTs to people who play or do not play our game in public. The marketplace will also be added to many additional networks such as the Router protocol. In our NFT marketplace, we aim to allow users to trade NFTs with our native BRN Token on all of these networks which will help to strengthen our ecosystem.
In order to help secure our NFT marketplace we needed access to fresh asset prices that are supplied directly on-chain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, we needed to make use of an oracle network to fetch aggregated price data off-chain and deliver it on-chain to be consumed by our application.
After reviewing various oracle solutions, we integrated Chainlink Price Feeds because they provide a multitude of critical features such as:
● High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned of outliers and wash trading. Chainlink’s data aggregation model generates more precise global market prices that are inherently resistant to inaccuracies or manipulation of any single or small set of exchanges.
● Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises. Chainlink nodes have a strong track record of reliability, even during high gas prices and infrastructure outages.
● Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or oracle network.
● Reputation System — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical and real-time performance of node operators and oracle networks.
We are now integrating Chainlink Price Feeds into our NFT marketplace and plan to integrate Chainlink Price Feeds into our game very soon. We are particularly. Excited about the possibility that each player could be able to buy in-game assets with their local currency. At the same time, we aim to integrate Chainlink Automation and Chainlink VRF into other projects we’re currently working on.
“Chainlink is one of the leading and largest projects in the industry. We chose to use Chainlink Price Feeds because it has become the industry standard for getting reliable, accurate, and up-to-date price data in a secure and scalable way.” — Baran Özcan, Founder and CEO of BRN Metaverse
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.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link . To discuss an integration, reach out to an expert.
About BRN Metaverse
BRN Metaverse was founded in 2021 by Baran Ozcan, a digital asset investor, and influencer. It has set out with the vision of producing and developing products for Web3, the metaverse, gaming, in-game NFTs, GameFi, and wearable technology ecosystems using various programming languages. Today, there is an active staking platform, the NFT marketplace is in the testing and improvement phase, and the GameFi project is in the coding phase. BRN Metaverse aims to add a different experience and vision to the life of all humanity with the wearable technologies it will produce, which works for this goal. Project founder Baran Ozcan, is already working with more than 30 employees in his company to produce the best software and products.
🔑Join BRN Metaverse🔑
🪩 Website: https://brntoken.net/token
📪 E-mail: support@brntoken.net
☎️ Telegram: https://t.me/BrnTokenGlobal
🎥 Instagram: https://www.instagram.com/brntoken/
🐣 Twitter: https://twitter.com/BrnToken
🔊Discord: https://discord.com/invite/2wX4PqbnRy
