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Chainlink and OVR Collaborate on a $65k Prize Distribution – Sponsored Bitcoin News

bestcryptocurrency by bestcryptocurrency
June 24, 2021
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, Chainlink and OVR Collaborate on a $65k Prize Distribution – Sponsored Bitcoin News
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, Chainlink and OVR Collaborate on a $65k Prize Distribution – Sponsored Bitcoin News

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After OVR introduced its integration with Chainlink on June tenth, now the crew is proud to clarify all the foundations of OVR prize distribution powered by Chainlink Verifiable Random Perform.

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In truth, OVR determined to collaborate with Chainlink VRF to find out the winner of its $15k OVR token prize extraction reserved to treasure hunters and to take part in its wider $50k OVR token prize extraction for OVRLand patrons. The extraction course of will probably be achieved by a public and deterministic algorithm.

So, OVR will run 2 foremost competitions, one for treasure hunters and one for OVRLand patrons.

OVRLand patrons and treasure hunters to win $65k

All of the OVRLands the place treasures have been found after the competitors begin date will probably be listed on a particular interface out there to the consumer. The treasure hunt competitors could have 3 rounds on totally different dates ranging from June twenty second.

On the finish of every treasure hunt competitors interval the checklist of all OVRLands the place treasures have been found by members will probably be created and made publicly out there.

The checklist will probably be ordered by ascending OVRLand Hex, OVR will generate a publicly verifiable random quantity with Chainlink’s VRF and can iterate on the ordered checklist with such a quantity to pick the winner. The Python script used to iterate on the checklist will probably be made publicly out there earlier than the extraction

Relating to the OVRLand patrons, as a substitute, all OVRLands acquired after the competitors begin date will take part within the extraction of an OVR prize, and can run 5 totally different rounds of such an extraction.

Customers shopping for OVRLands for the reason that begin date of the competitors will have the ability to see the checklist of the OVRLands that they purchased through the extraction spherical on a particular interface.

On the finish of every spherical an ordered checklist of all OVRLands acquired within the interval will probably be made publicly out there, OVR will generate a publicly verifiable random quantity with Chainlink’s VRF and can iterate on the ordered checklist with such a quantity to pick the winner.

Solely OVRLands that began the public sale previous to the deadline of the present spherical and closed earlier than the beginning date of the following spherical will probably be admitted for the extraction.

In fact, prizes will probably be instantly out there to members to withdraw or spend on the platform.


This can be a sponsored put up. Discover ways to attain our viewers right here. Learn disclaimer beneath.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, straight or not directly, for any injury or loss induced or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about on this article.





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