Axie Infinity has announced that the Decentralized Chainlink price feed integration has been completed! Moreover, Chainlink Verifiable Randomness Function (VRF) will be used to introduce provably fair random elements into the Axie universe, starting with Axie Origin Coins (AOC).
What is Chainlink?
Chainlink is the market-leading decentralized oracle network providing real-world data to smart contracts on any blockchain. dApps like Axie Infinity can consume data from outside of the Blockchain, such as data from web APIs, premium data providers, IoT networks, and enterprise backends.
What is Axie Infinity?
There is nothing more dangerous or exciting than a battle between two Axies. They like to build, battle, and hunt for treasure!
A player can collect Axies and use them in an increasingly diverse range of games!
Currently, Axie Infinity is the #1 game on Ethereum, with over 14,000 monthly on-chain users, and over 11,000 daily off-chain users.
AXS, our native token, was recently launched to align incentives between all Axie ecosystem members through governance and fee sharing.
To learn more Join Axie Discord and meet the amazing community!
Axie Infinity(AXS) – Chainlink Incorporation
The Chainlink ETH/USD Price Reference Data feed has been integrated into the Axie marketplace as the first step in the collaboration. This price feed serves as a very important exchange rate to ensure that buyers and sellers are receiving accurate prices when they make purchases and listings. Additionally, mainstream users are more familiar with USD price feeds, so it’s important to get this right for more adoption.
Presently, Axie Infinity gets their price feeds from centralized servers which can go down and be disrupted. With Chainlink price feeds, they can ensure 100% uptime for their marketplace’s all-important ETH/USD price feed. They feel confident integrating this key exchange rate via Chainlink because it’s secured by a decentralized network of high-quality oracle nodes that provide accurate price data sourced from an array of outstanding off-chain data aggregators.
Axie Infinity will be using Chainlink VRF for the generation of Origin Axies from Axie Origin Coins (AOC)! The number of Origin Axies in the game is capped at 4088. Every 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 when they’re born from AOC will soon rely on the VRF!
This is an especially significant task considering the scarcity of Mystic Axies is central to their value. In fact, a Mystic Axie just sold for 300 ETH and the event was covered by CoinTelegraph! Talk about famous digital pets.
Axie Infinity selected Chainlink VRF because it provides an exceptionally secure source of randomness that is permissionless and auditable on-chain by all users. This presents users with cryptographic proof that all random elements are provably fair, and cannot be manipulated by the team or any external entities.
The Future of Axie Infinity’s Ronin and Chainlink
Once Ronin, Axie Infinity’s Ethereum sidechain, is live, they will explore integrating Chainlink VRF functionality into more Axie-related smart contracts.
Chainlink also makes possible a host of fun features because it provides access to any off-chain API. There is a lot to explore regarding how external data could be incorporated in Axie to improve gameplay and the user experience.
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