Gari DAO taps Chainlink Price Feeds to bring smart contract functionality to Chingari

Gari DAO, the governing assemblage down web3 abbreviated video app Chingari, is adding Chainlink Price Feeds into the application, which runs connected the Solana (SOL) mainnet.

The DAO announced this quality connected April 21, noting that this integration would present astute declaration functionality successful Chingari.

By adding smart contract capabilities to Chingari, Gari DAO seeks to empower video creators and integer artists crossed the globe by enabling them to get just rewards for the contented they create. Additionally, the enactment aims to physique blockchain-based games and caller advertizing models wrong Chingari to reward anyone who interacts with them.

Gari DAO said Chainlink Price Feeds present has entree to high-quality, tamperproof terms feeds, indispensable successful supporting its e-commerce ads and prediction markets. The enactment added that Chainlink Price Feeds would guarantee Chingari’s implicit 70 cardinal users of the accuracy and transparency of the information the level uses for prediction markets and prices.

Gari DAO co-founder and CEO Sumit Ghosh said:

“A highly unafraid solution that’s seamless to integrate, it’s casual to spot wherefore Chainlink Price Feeds are the astir wide adopted information solution successful Web3. Given that our contented creators and users underpin the occurrence of our app, we admit the value of providing them with a highly close and transparent reward process.”

Chainlink continues cementing its presumption arsenic the champion oracle solution

Created successful September 2017, Chainlink has rapidly expanded, with implicit 1,000 projects integrating its terms feeds astatine the moment. Notably, much than fractional of these integrations took spot successful 2021, showing the platform’s popularity is rising quickly.

This accelerated maturation comes aft Chainlink launched services connected aggregate Layer 1 and Layer 2 protocols successful the past year. These see Arbitrum, Avalanche, Binance Smart Chain (BSC), Ethereum, Fantom, Harmony, Heco, Moonriver, Optimism, Polygon, Starkware, and xDai.

Additionally, Chainlink introduced its Verifiable Randomness Function (VRF), which it archetypal introduced successful Ethereum successful precocious 2020, to BSC and Polygon successful 2021. Chainlink VRF provides astute contracts entree to a unafraid root of on-chain randomness, which is captious for non-fungible tokens (NFTs) and on-chain gaming apps.

Apart from blockchain projects, mainstream companies similar Amazon Web Services, AccuWeather, and the Associated Press besides embraced Chainlink to adhd blockchain exertion to antithetic parts of their operations.