Gaimin’s recent collaboration with Chainlink will allow the blockchain-powered gaming platform to securely and reliably integrate real world-data into its applications, as well as interact with popular non-blockchain infrastructure. This allows developers to connect with external resources, enables new gaming functionalities, and ultimately enhances the overall user experience.
Manchester, United Kingdom: Gaimin.io announced today their intent to integrate Chainlink’s flagship oracle technology into the Gaimin platform. This milestone is a significant move for Gaimin that will accelerate the on-going development of its blockchain-powered gaming platform.
“This is an important collaboration towards enhancing the functionality available to developers on the Gaimin platform. Integration of Chainlink’s market-leading oracle technology is a further example of our intention to assure that our platform offers the optimum user experience for gamers,” said Buki Ben Natan, CTO at Gaimin.
Gaimin is a decentralized computing platform that aims to become the “Uber” of processing power — passively monetizing a gamer’s high powered computer resources when not in use and rewarding them with the purchasing power to fund their gaming experience. Chainlink is a decentralized oracle network that reliably and securely connects smart contracts to data and networks outside the native blockchains they run on (off-chain).
Gaimin and Chainlink will explore the implementation of new gaming use cases, which include:
● Building time-based smart contracts for “peer-to-peer renting” of digital gaming assets
● Facilitating tournaments and challenges between users via smart contracts that trigger based on off-chain gaming data
● Establishing accurate, real-time pricing for transactions of in-game digital assets using reliable sourcing of native token price information
● Connection to off-chain databases that provide machine learning algorithms to improve GPU monetization results for gamers.
The rapidly expanding number of node operators, ecosystem projects, data providers, and infrastructure tools has turned Chainlink into the most vibrant oracle ecosystem on the market by a substantially large margin. While DeFi has seen the largest growth on Chainlink thus far, gaming is a market where Chainlink is seeing an accelerating influx of new users. Chainlink recently integrated with BET Protocol for e-sports, Blocklords for strategy games, Gamedex for digital collectibles, and more.
The applications integrating Chainlink are increasing on a near-daily basis, with 60+ integrations in the last five months. That’s about one integration approximately every 2.5 days, a quite impressive feat. Chainlink has also announced on-going work with major enterprise players, such as SWIFT, Oracle, and Google.
This important news comes after another significant week for Gaimin, which includes a trip to South Korea to attend the World Blockchain Summit MARVELS Busan 2020. CMO Andrew Faridani was a keynote speaker and panel member, discussing the importance of controlled regulation to allow the development of blockchain technology.
“We see great potential in next-generation gaming applications built using data-driven blockchain infrastructure. We’re excited to help Gaimin optimize the computing resources of gamers using trusted data feeds secured by Chainlink’s decentralized oracle networks.” Daniel Kochis, Global Head of Partnerships on Chainlink
In addition to the trip to South Korea, accomplishments for Gaimin include:
● An MOU with the Korea esports Industry Association, dedicated to creating connections between European and Asian gamers
● A sell-out of the first three IEO’s, and fourth IEO with Probit exchange
● First funding stage reached
To learn more about developments and updates, please visit https://chain.link and https://gaimio.io
About Chainlink
If you’re a developer and want to connect your smart contract to existing data and infrastructure outside the underlying blockchain, reach out to us here! We can help you quickly and securely launch your data-enabled application or Chainlink Price Reference Data Contract on mainnet today. You can also visit the developer documentation or join the technical discussion onDiscord. Learn more by visiting the Chainlink website or follow us on Twitter or Reddit.
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. It is well known for providing highly secure and reliable oracles to large enterprises (Google, Oracleand SWIFT) and leading smart contract development teams such as Polkadot/Substrate, Synthetix, Loopring, Aave, OpenLaw,Etherisc, Conflux, and many others.
About Gaimin.io (GMRX)
The Gaimin.io project is a blockchain-powered gaming platform. It harnesses the world’s largest supply of distributed GPU processing power — namely the 1.3 billion gaming PCs in the global gaming community. Gaimin offers rewards for gamers in return, both in the form of tokens to buy in-game assets and a return on the dollar for the use of the gamer’s GPU. The computational power generated can then be directed to customers for essential computation, rendering and modeling functions, and more.
