Joepegs x Chainlink VRF
Joepegs Integrates Chainlink VRF to Help Power Fair Batch Reveals in NFT Launchpad
We’re excited to announce that Joepegs—an NFT Marketplace built by Trader Joe—is one of the first projects to integrate Chainlink Verifiable Random Function (VRF) on Avalanche. We’re using the industry-standard random number generator (RNG) in Launchpeg, our new NFT launchpad, to help enable fair random batch reveals.
We’ve recently launched Joepegs, a premium NFT marketplace on Avalanche where you can list, trade, and explore your favorite Avalanche NFTs. Launchpeg is our NFT launchpad, which aims to support the expanding Avalanche NFT ecosystem by onboarding fresh talent and catering to a variety of mint styles, from fixed-price to Dutch and ascending auctions.
With the launch of Launchpeg, we needed a secure and verifiable random number generator that could help us prove definitively that the randomized NFT reveals in the launchpad could not be predicted or tampered with. With the recent launch of Chainlink VRF on Avalanche mainnet, integrating the leading RNG solution in the blockchain space was a no-brainer.
Chainlink VRF is the industry-standard source for provably fair, verifiable, and tamper-proof on-chain randomness. Chainlink VRF generates both a random number and cryptographic proof, then delivers both on-chain where the cryptographic proof is verified prior to the acceptance of the random number by the consuming application.
In short, using Chainlink VRF helps us provide users with automated and publicly verifiable proof directly on-chain that the random batch reveals of NFTs on Launchpeg are provably fair and cannot be tampered with or predicted by the oracle, outside entities, or the Trader Joe team. This goes a long way in building trust with the Trader Joe community and proving that our NFT launchpad achieves a high standard of transparency and fairness.
“Using Chainlink VRF to support fair batch reveals in our new NFT launchpad was an obvious choice following our previous integration of Chainlink Price Feeds. Chainlink is the industry-standard oracle solution for good reason, and VRF helps ensure that random batch reveals in Launchpeg are truly random.” — cryptofish, co-founder
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers 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 Joepegs
Joepegs is the trusted NFT Marketplace on Avalanche. A home built for creators and collectors from all walks of life, to serve as the cultural hub for premium digital assets. Discover and interact with digital art and culture at Joepegs.
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About Trader Joe
Trader Joe is a one-stop-shop decentralized trading platform native to the Avalanche blockchain. Trader Joe builds on the frontier of Decentralized Finance, providing users with an innovative and unique trading experience that is seamless, accessible and empowering.
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