Bobbleheads Integrate Chainlink Price Feeds for Accurate NFT Price Conversions
We’re excited to announce that Bobbleheads—an NFT GameFi project consisting of 10,000 crypto-themed characters—has integrated Chainlink Price Feeds on the Fantom mainnet. Launching on the 5th of February, each Bobblehead costs 20FTM, and we will use Price Feeds to display the USD equivalent value to users.
Currently, the floor price of Bobblehead NFTs is displayed on our website:
Upon sell-out, the floor price will constantly be updated to provide the community with insights into the project's success.
After considering a multitude of options, we chose to integrate Chainlink Price Feeds because they are the most reliable and time-tested price data solution on the market. A few features that stood out to us include:
- High-Quality Data—Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that are aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates more precise global market prices that are resistant to API downtime, flash crash outliers, and data manipulation attacks like flash loans.
- Secure Node Operators—Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.
- Decentralized Network—Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.
- Transparency—Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.
In the future, we plan to integrate more of Chainlink’s off-chain data and computation services within our GameFi project. Specifically, the upcoming integration of Chainlink VRF on the Fantom blockchain will give us access to a tamper-proof random number generator that will help enable users to play arcade and casino-themed minigames with verifiable assurances that all results are provably fair.
Looking to the immediate future, Bobbleheads launches February 5th with the goal of rewarding our initial community as much as possible with giveaways, airdrops, and physical merchandise.
Join our Discord server and register for our allowlist to get early access to the quirkiest NFTs on Fantom Opera.
“Chainlink, the most widely used decentralized oracle network in the blockchain space, is providing us with the most secure, reliable, and accurate price data available on the market. This integration helps further a user-friendly experience by giving users precise price conversion data for Bobbleheads NFTs.”—CryptoDude, project lead of Bobbleheads.
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.
About Bobbleheads
The Bobbleheads are an NFT GameFi project consisting of 10,000 unique bobbling and adorable figures with 9 crypto themed races (bulls, bears, shibas, pepes, etc) and over 200 hand drawn assets, and are among the first to adopt Chainlink as its preferred Oracle on the Fantom network. Holding one gives you true ownership of the IP and doubles up as your membership token in this vibrant community. Bobbleheads is building a cross-NFT-project game where people can form teams and battle their NFTs from various supported projects to win tokens. Bobbleheads will also launch a physical merchandise store with merch from not only Bobbleheads, but other NFT products as well.
Launching on the Fantom Blockchain, our aim is to create an innovative project, packed with utility and set a precedent for NFT communities as well as build massively on this up and coming network that serves as a competitive successor to Ethereum, not only in terms of NFTs, but also DeFi and other applications.
Bobbleheads will launch the BOBBLE$ token which will be continuously airdropped to all the holders allowing them to monetize their utility and decide which and what all utility they would like to claim. This token will also allow them to vote in the Bobble DAO that will act as a launchpad to support upcoming projects in the Fantom ecosystem.
You can read all about the utility built into this project here. The presale mint goes live on 5th February 2022, register for our allowlist to mint (only 1st 100 people).