DuckDAO partners with Chainlink (LINK) to improve Digital Asset Ecosystem

DuckDAO partners with Chainlink (LINK) to improve Digital Asset Ecosystem
фото показано с : invezz.com

2021-2-21 15:27

Community-backed digital asset incubator DuckDAO has announced a partnership with blockchain-based platform Chainlink (LINK) in a bid to the digital assets ecosystem. According to the announcement, DuckDAO wants to combine Chainlink’s platform to provide reliable oracle solutions.

Offering a secure oracle incubation solution

While Chainlink provides the platform for the project, DUCKDAO will offer the fundraising and strategic advisory in the Chainlink ecosystem looking for support.

Daniel Kochis, Head of Chainlink Business Development, stated that the company is excited about the project. He added that the collaboration will bring Chainlink’s secure and reliable oracle solution to DuckDAO’s supported incubator program. It will allow both companies to excel in innovations and bringing new entrants into the market. According to him, the project will allow participants to maintain best industry practices while ensuring security to protect user funds.

The Chainlink Oracle framework can be potentially used to solve a lot of issues based on incubation projects daily.

Apart from benefiting both ecosystems, the long-term project will also create awareness to foster best practices for early-stage crypto projects, which will create, integrate, and access oracles.

Improving best practices within the ecosystem

Chainlink hopes to offer its expertise and assistance in DuckDAO’s strategic and incubation projects while implementing the Chainlink Price Feed oracles. The project will also ensure the best use of the Chainlink solutions within the DeFi applications. This will help to secure use funds, according to the announcement.

Long-term collaboration is expected to benefit both companies as they will benefit from each other’s resources.

DuckDAO will be implementing the Chainlink’s Price Feed Oracles and utilize the solutions to make sure user funds are secure. Chainlink also hopes the partnership will encourage more users to buy LINK token.

Chainlink’s oracle also ensures the improvement of DeFi apps to improve the security and the standards of data quality without the need to develop its oracle solutions.

Benefits to early-stage projects

Early-stage projects utilizing the DeFi protocol will benefit immensely from the collaboration. This will secure a reliable oracle network by avoiding any timesinks or pitfalls.

Also, the project will benefit the upcoming smart contracts within the Chainlink ecosystem looking for community expansion services and strategic fundraising.

The post DuckDAO partners with Chainlink (LINK) to improve Digital Asset Ecosystem appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

ChainLink (LINK) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $17.68
Капитализация $0 Rank 99999
Цена в час новости $ 34.22 (-100%)

digital chainlink duckdao asset platform ecosystem link

digital chainlink → Результатов: 62


Bitstamp рассматривает возможность листинга 25 криптоактивов, включая Polkadot и Chainlink

Старейшая европейская биржа Bitstamp рассматривает возможность расширения листинга рядом криптоактивов. More digital assets on Bitstamp’s radar! We are exploring support for 25 additional cryptocurrencies and stablecoins for potential new listings: https://t.

2020-9-4 10:32


Bitstamp рассматривает возможность листинга Chainlink, Polkadot и еще 23 криптоактивов

Старейшая европейская биржа Bitstamp рассматривает возможность расширения листинга рядом криптоактивов. More digital assets on Bitstamp’s radar! We are exploring support for 25 additional cryptocurrencies and stablecoins for potential new listings: https://t.

2020-9-4 20:43


Chainlink Flips Bitcoin Volume on Coinbase; How Long Can Its Uptrend Last?

Chainlink has been caught in the throes of an intense bull run throughout the past few weeks The cryptocurrency has been significantly outperforming the aggregated market and has now secured its spot as the sixth-largest digital asset by market capitalization Analysts are now observing that LINK trading volume on Coinbase is far outpacing that of Bitcoin This points to growing interest from traders to gain exposure to the token As for where it may go […]

2020-8-10 22:00


Фото:

This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend

It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […]

2020-7-18 23:00