Memenopoly Integrates Chainlink VRF to Secure Dice Rolls and Randomized NFT Packs
We’re excited to announce that Memenopoly — The meme themed yield generating blockchain game — has integrated Chainlink Verifiable Random Function (VRF) on the Binance Smart Chain mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, we now have access to a tamper-proof and auditable source of randomness needed to provide fair and transparent game play, as well as randomizing our NFT distribution. Ultimately this creates a more exciting, transparent, and fraud-proof gaming experience for our users and builds trust within the community.
Memenopoly is an evolution in gamified yield generation that combines the best of traditional yield farming, NFT yield farming and unique 3D gameplay to reward players with both instant and passive rewards. With NFTs at the core, players collect and stake properties to earn daily yields and collect rent from other players by rolling at least once a day. With token burns built into the game on a contract level and leveraging the power of Chainlink VRF, we set out to achieve our goal of releasing a transparent, fair and fun experience that pushes the limits of what’s been done so far on the blockchain!
In order to ensure each roll is fair and each NFT chosen is truly random, we need access to a secure random number generator (RNG) that any user could independently audit. However, RNG solutions for smart contracts require several security considerations to prevent manipulation and ensure system integrity. For instance, RNG solutions using on-chain data like block hashes can be exploited by blockchain miners, while off-chain RNG solutions like traditional data providers are opaque and don’t provide users with definitive proof about the integrity of the process.
After reviewing various solutions, we selected Chainlink VRF because it’s based on cutting-edge academic research, supported by Chainlink’s time-tested oracle infrastructure, and secured through the generation and on-chain verification of cryptographic proofs that guarantee the integrity of each random number supplied to smart contracts.
Chainlink VRF works by combining block data that is still unknown when the request is made with the oracle node’s pre-committed private key to generate both a random number and a cryptographic proof. The Memenopoly smart contract will only accept the random number input if it has a valid cryptographic proof, and the cryptographic proof can only be generated if the VRF process is tamper-proof. This provides our users with automated and verifiable assurances directly on-chain that Memenopoly is provably fair and cannot be tampered with by the oracle, outside entities, or the Memenopoly team.
In Conclusion
We found integrating Chainlink VRF to be straightforward and easy to implement . For Memenopoy, BSC is only the beginning, we plan on rolling out to other chains in the near future and with Chainlink VRF available on various chains, they will be our exclusive randomness provider.
“We looked into other oracle solutions briefly, but really, deciding to go with Chainlink was a no-brainer for us. They are the go-to standard for randomization on the blockchain and offer support for all the chains we are currently interested in.”
— Mr. D Memenopoly Founder
About Chainlink
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 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.
Chainlink is trusted by hundreds of organizations, from global enterprises to projects at the forefront of the blockchain economy, to deliver definitive truth via secure, reliable oracle networks. To learn more about Chainlink, visit chain.link, subscribe to the Chainlink newsletter, and follow @chainlink on Twitter. To understand the full vision of the Chainlink Network, read the Chainlink 2.0 whitepaper.
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About Memenopoly
Memenopoly is the next evolution in gamified yield generation, leveraging the power of NFTs to reward players. Stake up to 26 Property NFTs and roll at least once a day to earn passive income from other players paying rent. Pass go and collect a payday. Land on Chests or the Moon Jackpot for instant rewards and try not to get sent to Pepe Jail! Stake over 20 player NFTs to unlock new players in-game and yield farm LP to earn MNOP rewards as well as reward points to claim exclusive NFTs!
To learn more about Memenopoly and stay up on the latest developments, follow us on twitter or join in the telegram conversation. For a deeper look into the game mechanics please refer to our in depth medium article on all things Memenopoly!
