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Rainicorn Is Integrating Chainlink VRF Into Its Platform

Written byKelvin Maore
Edited by Niharika Deshpande
May 20, 2021
in Cryptocurrency News
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The NFT-supercharged decentralized finance platform, Rainicorn, is now working on integrating Chainlink Verifiable Random Function (Chainlink VRF) with its DeFi platform to work on the BSC and Ethereum Blockchain networks. Through the integration of the Oracle network of Chainlink, the platform of Rainicorn will be able to gain access to auditable and tamper-proof sources of randomness for multiple platform elements that include the Raini Launchpad, Raini Trading Card Game, and the NFT platform. This collaboration between Rainicorn and Chainlink VRF shall help provide a manipulation-proof and transparent user experience. It will also ensure that every user receives the benefits of the platform giveaways, distributions of the Trading Card pack, Evolving NFTs, IDO allocations.

The platform of Rainicorn is a gamified platform of DeFi that offers customized NFT drops by renowned artists to the uses who can stake the NFTs for rewards and other benefits. This approach to NFTs at the Rainicorn platform helps in supporting the value of the NFTs by driving mass adoption. The ecosystem of Rainicorn also encompasses a double-sided NFT marketplace that enables the creators to mint Evolving NFTs that can evolve or transform NFTs based on external data input. An IDO launchpad and a Rainicorn-themed Trading Card game are also parts of the Rainiverse.

Chainlink VRF was selected by Rainicorn owing to the cutting-edge Oracle infrastructure of Chainlink that ensures on-chain verification of cryptographic proof, which in turn guarantees the transparency of every random number provided to the smart contracts. The VRF function of Chainlink helps provide every user with verifiable and automated assurance directly on a provably fair chain. Rainicorn is also looking forward to the integration with other Oracle services of Chainlink with its DeFi platform.

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Kelvin Maore

Kelvin Maore

Kelvin Maore is a crypto market analyst at NameCoinNews with nearly five years of experience tracking digital asset markets. He covers price movements, market structure, altcoin developments, and macro signals affecting the broader crypto ecosystem, from Bitcoin analysis to emerging DeFi protocols. Kelvin is known for translating complex on-chain data and market dynamics into clear, reader-focused reporting. His coverage spans leading crypto assets with a consistent focus on making blockchain technology accessible to both new entrants and experienced investors.

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