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Axie Infinity integrates Chainlink Oracles

Axie Infinity integrates Chainlink Oracles

Axie Infinity, the number one game Dapp on Ethereum is integrating Chainlink’s decentralized price feeds and verifiable randomness tool.

Axie Infinity is a non fungible (NFT) gaming dapp on the Ethereum blockchain. Players can breed, raise, battle, and trade digital creatures called Axies (similar to Pokemon). The Axie Infinity Universe aims to leverage the properties of blockchain technology through "Free to Play to Earn" gameplay and a player-owned economy. ‌

Blockchain gaming is still in the nascent stage, but the growing interest in collectible NFTs and the ability to earn crypto by leveling up Axies in turn based battle scenarios has seen Axie Infinity gain momentum. Axie is currently the #1 game on Ethereum, with over 11,500 weekly on-chain users, and a weekly volume of $572,000.

Created by Sky Mavis, a Vietnamese technology startup, the Axie team has partnered with other Ethereum based projects to grow the communities of each project, and reward their users. For example, Axie recently teamed up with DeFi project Aave, who sponsored Season 13 of the Axie Community Alpha. Axie players could win a share of $4,000 in $AAVE by winning battles. In addition, anyone holding at least 0.65 AAVE or stkAAVE (staked AAVE) tokens qualified to earn a limited-edition Aave themed NFT.

Axie has revealed two new integrations with Chainlink. First, it will integrate the Chainlink ETH/USD Price Reference Data feed into the Axie marketplace. The prices of Axies are listed in USD but paid for in ETH. The price feed displays the ETH/USD exchange rate and ensures that Axie marketplace users have access to accurate pricing when making decisions.

Axie says that at present the Dapp market place uses price feeds supplied by centralized servers. The downside to this approach is the risk of these servers experiencing unexpected downtime. By using Chainlink’s ETH/USD price feed as a reference, Axie says users can be confident that the price data is accurate and doesn’t rely on a single source of truth. Chainlink price feeds are secured by a decentralized network of oracle nodes that provide accurate price data sourced from numerous high-quality off-chain data aggregators (including Brave New Coin).

The second integration is with Chainlink’s Verifiable Randomness Function (VRF). This integration is a means to introduce provably fair and unbiased random elements into the Axie universe, starting with the generation of Origin Axies from Axie Origin Coins (AOC). The number of Origin Axies is capped at 4088. Each time 5 AOC are burned, an Origin Axie is born with a chance of possessing Mystic parts. The chance of an Axie possessing Mystic parts will now be determined by Chainlink’s VRF.

Mystic Axies are rare and increasingly valuable. In September crypto research firm Delphi Digital purchased five Mystic Axie NFTs, paying between 69.9 and 150 ETH per Axie. The Delphi team believes the rare NFTs will increase in value over time, making them a viable component of a crypto portfolio. Mystics are the only Axies that can evolve into legendaries and they can be used to generate a yield from battling and breeding them. Most importantly, however, their scarcity, aesthetics, and future utility make them a status symbol in the NFT community and give them investible potential.

Mystic Axies

However, for this thesis to be true, potential NFT investors must have high confidence that Axie is not able to generate additional Mystic Axies and dilute the market.

This is the function that Chainlink provides. Chainlink’s VRF provides a secure source of randomness that is permissionless and auditable on-chain. This provides Axie users with cryptographic proof that all random elements are provably fair, and cannot be manipulated.

Jeffrey Zirlin, Head of Growth at Axie, says Chainlink’s solutions help Axie show the world that the data feeds and calculations underlying its economy are sound and fair. “Axie isn’t just a game,” he says. “it’s a budding universe with a jobs market and a complex economy. Transparency, sound data, and provably fair calculations underpin the law and order of our ecosystem."


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