Reach the Stars with Chainlink: MoonDAO Integrates Chainlink VRF

• The winner of the MoonDAO Zero-G event will join astronauts Doug Hurley and Nicole Stott in experiencing a space-like flying conditions.

• Chainlink and MoonDAO have worked together in the past through the VRF program.

The use of blockchain technology in real-world cases has significantly been simplified by the Chainlink Verifiable Random Function (VRF). Already, several blockchains have integrated with the Chainlink VRF to ensure that users can audit random selections, which was previously not the case. Moreover, it was extremely difficult for blockchain firms to convince their users that a draw winner was randomly selected without the on-chain proof. 

However, Chainlink has provided DeFi developers with a quick way of integrating the verifiable random function into their smart contracts as shown by the source code below.

Notably, the Chainlink VRF has top DeFi platforms as clients including Axie Infinity (AXS), Polychain Monsters, Pancakeswap, and Aavegotchi, among many others.

MoonDAO Taps Chainlink for Fair Space Selection

The MoonDAO, a decentralized autonomous organization focused on creating a self-sustaining settlement on Moon, has announced the second integration with Chainlink VRF to fairly select winners for a Zero-Gravity flight. The MoonDAO entity is not new to the Chainlink community after last year’s integration of the Verifiable Random Function to select the winning NFT Ticket to Space through a public draw.

Pablo Moncada-Larrotiz, Founder at MoonDAO, noted;

Without Chainlink VRF providing a tamper-proof and verifiable source of randomness, it would be incredibly difficult for entrants to verify the fairness of our competition. Through on-chain transparency, VRF helps strengthen the integrity of our competition and helps demonstrate that all entrants have a fair chance of winning this life-changing adventure,

Having successfully deployed the VRF last year, the MoonDAO community is confident of fair results through an auditable process.

MoonDAO noted that the winner of the zero-g event will join astronauts Doug Hurley and Nicole Stott in experiencing zero gravity. The team is expected to fly in parabolic arcs to create a weightless environment where they get to float, flip, and soar as if they were in outer space.

Meanwhile, interested participants have been advised to purchase an NFT ticket in order to enter the competition.

.@OfficialMoonDAO, which is focused on creating a self-governing settlement on the Moon, has integrated Chainlink VRF to help fairly select the winner of a zero-gravity flight.

Discover why VRF is a must-have for on-chain competitions and giveaways👇https://t.co/NgsOiwo554

— Chainlink (@chainlink) May 23, 2023

Market Outlook

The integration of Chainlink VRF and MoonDAO has an economic impact on the respective token systems. Moreover, the MoonDAO has a native token dubbed $MOONER while the Chainlink network relies on LINK coin for governance. According to the latest crypto market data, LINK traded around $6.32, up 12 percent YTD. 

Chainlink (LINK) had a reported market capitalization of about $3.26 billion and an FDV of approximately $6.3 billion.

The MoonDAO, on the other hand, does not have deep liquidity on its native token MOONER like LINK. According to our latest crypto price oracles, MOONER trades around $0.00093401 on Friday, up approximately 4 percent in the past 24 hours.

Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.