Phantasia can have entry to high-quality, tamper-proof value streams wanted to create a cutting-edge market with in-game pores and skin NFTs, vainness objects, and extra. Shopping for and promoting are performed on the foundation of honest world alternate charges.
Phantasia selected Chainlink as their oracle go-to resolution as a result of its infrastructure is ideal to combine and time-tested in manufacturing. Chainlink is already serving to defend main DeFi protocols chargeable for tens of billions of {dollars} in sensible contract worth whereas sustaining sturdy safety and excessive availability even in the occasion of inventory market downtime, flash crashes, and knowledge manipulation assaults through flash.
Phantasia is an progressive fantasy sports activities platform that comes with scalable sport mechanics to earn money. Customers compete of their favourite sports activities competitions towards their buddies to earn the native FANT token, which can be utilized to buy NFT in-game.
To determine protected and correct alternate charges in its market, they should entry new asset costs which are delivered straight to the chain in a extremely dependable method. Truthful market asset values ought to replicate a volume-weighted common of all buying and selling environments. Due to this fact, Phantasia makes use of an oracle to retrieve the aggregated off-chain pricing knowledge and ship it on-chain to be used by its utility.
After taking a look at numerous Oracle options, Phantasia chosen Chainlink’s pricing knowledge because it supplies a wide range of important options comparable to quantity and deleted outliers. Chainlink’s knowledge aggregation mannequin generates extra correct world market costs which are proof against API failures, sudden outliers, and knowledge manipulation assaults comparable to flash loans.
Excessive frequency of updates – Chainlink’s value feeds operating natively on Solana could make frequent value updates at minimal value, leading to correct value knowledge that constantly displays present market situations.
Decentralized Infrastructure: Chainlink’s value feeds use decentralized networks {of professional} node operators managed by main DevOps blockchain groups and conventional companies with robust uptime expertise throughout market volatility.
Chainlink’s sports activities knowledge consists of sport scores and important participant studies from high-quality sources comparable to the Related Press, which will probably be game-changers throughout the platform and ecosystem.
Introduction to Chainlink
Chainlink is the business customary for creating, accessing, and promoting Oracle providers required to help hybrid sensible contracts on any blockchain. The Chainlink oracle community reliably connects to exterior APIs. It makes use of off-chain computing to supply sensible contracts to allow wealthy functions. Chainlink is at present securing tens of billions of {dollars} in DeFi, insurance coverage, playing, and different key industries and supplies world enterprises and main knowledge suppliers with entry to all blockchains.
About Phantasia
In Phantasia’s play-to-acquisition mannequin, gamers can get FANT tokens by finishing in-game quests and profitable contests. This permits customers to create “fan playing cards” from NFTs.
