Nifty Royale Launches with Chainlink on Mainnet, Creating Truly Random and Automated NFT Battle Royales
The Nifty Royale platform facilitates primary market sales of original NFT artwork (commonly known as “Drops”), as well as peer-to-peer trading of these NFTs on secondary markets. After the completion of curated drops, NFTs acquired by collectors are automatically entered into a battle royale where individual NFTs are randomly eliminated round by round until only one is left. The winning NFT is upgraded to a one-of-a-kind NFT with unique attributes such as animations, while all other participants retain ownership of their NFTs without any loss.
Our planned genesis drop on June 30th at 1PM PDT will feature an original portrait of Sergey Nazarov created by @Lushsux — a world-renowned street artist from Australia. Interested members in the Chainlink community can visit the site at 1PM to participate in the genesis drop and first battle royale, and potentially win a one-of-one upgraded NFT with an animated Chainlink background. For more information please join the discord for the latest updates.
We selected Chainlink as our go-to oracle solution because it is widely used and time-tested, already securing tens of billions of dollars in value for top blockchain projects in the ecosystem. Our NFT battle royales use Chainlink Keepers to reliably automate the elimination process by triggering the start of each new round after a predetermined time interval has passed. Additionally, we leverage Chainlink VRF as the source of randomness to unbiasedly and transparently eliminate NFTs in each round. These crucial features ensure that the battle royales run in a decentralized and automated manner end-to-end and are provably fair to all participants. For more information on why we chose Chainlink, view our previous Chainlink Keepers and Chainlink VRF announcement.
By integrating Chainlink Keepers and VRF, our team was able to streamline the reliability, transparency, and decentralization of core functions within NFT-based battle royales. Ultimately, this empowered us to quickly launch on mainnet and bring a whole new NFT experience to artists and collectors from around the world.
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand by the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
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About Nifty Royale
Nifty Royale aims to disrupt the NFT eco-system by providing additional utility and gamification elements to both NFT creators and collectors. By adopting emerging blockchain technologies we have created an NFT marketplace where each curated drop is combined with an on-chain battle royale. The battle royale serves as a provably fair and unbiased method to distribute a one of a kind NFT to the winner.