Chainlink, a leading Oracle provider, has onboarded partners at a rate of more than 1.4 integrations each day thus far in 2021.
In accordance with the archives of Chainlink’s ecosystem portal, 281 distinct crypto projects have announced integrations so far in 2021, despite the fact that the calendar is only 201 days into the year.
According to the current count of all time Chainlink integrations (650), 43 percent of the project’s partners have been onboarded in the first half of 2018. During the entire year 2020, on the other hand, around 250 partners joined Chainlink.
In contrast to many of Chainlink’s partners, which are unproven initiatives in their infancy, some of the crypto industry’s most prominent companies, such as Huobi’s ECO Chain, the Hedera Governing Council, and Alchemix, have recently partnered with the oracle provider.
The Verifiable Random Function (VRF) from Chainlink, which provides decentralised applications with a secure and automated approach for generating randomization, is being used by a rising number of projects as well.
To give an example, the blockchain-powered game Infinity Skies announced on July 20 that it had partnered with Chainlink to ensure that its in-game “loot” was distributed in a fair and equitable manner.
“Since loot is probabilistic and NFTs hold real value to players, it is imperative that the minting of loot cannot be ‘gamed’,” Infinity Skies stated.
“Chainlink VRF provides the Infinity Skies’ smart-contract responsible for chest opening with direct access to a tamper-proof and auditable random number to determine outcomes when opening chests.”
A diverse range of unique uses for Chainlink’s VRF capability has been developed by crypto developers, with PancakeSwap incorporating VRF into its decentralised lottery application just last week. Several more projects use VRF to ensure that awards and rewards are distributed in a transparent and verifiably fair manner.