Chainlink Weekly Roundup: Celo, Blue Kraken, Alongside

L1 Chain, MMORPG, Crypto Index Token

Chainlink is on the move. This week, the dominant smart contract oracle network partnered with a Layer-1 network, MMORPG blockchain games, and the issuance of a new crypto index token.

In this week’s recap:

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Celo joins Chainlink SCALE

Celo joins the Chainlink SCALE program to accelerate the growth and adoption of the Ethereum Virtual Machine (EVM) compatible Layer-1 network. The Celo governance community passed the proposal with an approval rating of 99.9%.

“Joining the SCALE program will establish a sustainable economic framework between the Celo and Chainlink ecosystems and provide a foundation from which Celo developers can build accessible, sustainable, scalable and secure smart contract applications,” according to the proposal.

Celo is a carbon-negative, mobile-first, EVM-compatible L1 blockchain with a Total Value Locked of around $140 million. As part of the SCALE program, nearly $6 million CELO (current value of $4.3 million) will be allocated to node operators supporting Chainlink Data Feeds on Celo over a three-year period.

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Blue Kraken joins BUILD

Blue Kraken Online has joined the Chainlink BUILD program to accelerate the adoption of its ecosystem growth and the long-term adoption of PlayAndEarn games.

“The access to industry-standard oracle services and the ability to test, plan and build for the latest technology via early access combined with technical support is going to give us wings,” said Nicolas Wind, co-founder, CEO and chairman. Developer at Blue Kraken Online, in a medium post. “The BUILD program will allow us to build the chain elements of Blue Kraken Online with time-tested oracle services that will serve as the foundation for seamless gameplay and ecosystem interoperability.”

Blue Kraken is a Non-Fungible Token (NFT) MMORPG game that aims to be financially sustainable and inflation-proof.

As part of BUILD, Blue Kraken will gain access to products such as Verifiable Random Function (VRF) and Automation, new Chainlink product alpha and beta releases, dedicated technical support and more.

In return, Blue Kraken has committed a percentage of its total token supply to Chainlink service providers, including stakers.

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Next to Integrating PoR

Alongside has integrated Chainlink PoR to prove the reserve funds of the total market index token $AMKT.

“AMKT holders should never have to trust us when we say that AMKT is backed 1:1 with the underlying constituents. Chainlink Proof of Reserve helps them verify that AMKT’s 1:1 support is always 1:1 support. Extreme transparency is at the heart of Alongside, and Chainlink Proof of Reserve helps us deliver that,” said Alongside co-founder Austin Diamond in a blog post.

Alongside is an open finance community working to make it easier to access the crypto market. The first product is $AMKT, which tracks the top 25 digital assets in crypto by market cap. The crypto market index token is rebalanced monthly and reconstituted quarterly.

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Check out BSC News’ weekly roundup to keep up with the latest updates on the smart contract powerhouse.

Last four editions:

• April 9: Cryptum, BUILD Milestone, Hellobot
• April 2: Lemonade, Devium, Made for Gamers, Nazarov Interviews
• March 26: Product Update, PwC, Steadefi, SteakHut, Ainslie Bullion
• March 19: Lekker Finance, Gunther’s Rich Dog, BiggerMINDS, PLEXUS​​

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What is Chainlink:

Chainlink is the industry standard for building, accessing and selling oracle services necessary to run hybrid smart contracts on any blockchain. Chainlink oracle network provides smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations to enable feature-rich applications. They currently secure tens of billions of dollars across DeFi, insurance, gaming and other major industries and offer global enterprises and leading data providers a universal gateway to all blockchains.

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Where to find Chainlink:‍

Website | Twitter | Documents | Society