Blockchain News

Chainlink Weekly Roundup: Lemonade, Devium, Made for Gamers, Nazarov Interviews

Smart contract oracle network Chainlink made announcements concerning crop protection, decentralized code repositories and Web3 game development.

Kenyan Farmers, Code Repositories, Web3 Game Devs, Nazarov on Blockchain

Chainlink continued its quest to forge connections throughout Web3, announcing partnerships with projects across the crypto world, including for parametric crop protection, decentralized code repositories, and a blockchain gaming development platform. Also we’ve got a couple of interviews featuring Chainlink Co-Founder Sergey Nazarov.

In this week’s roundup:

  • The Lemonade Crypto Climate Coalition completed its initial launch.
  • Devium joins Chainlink BUILD.
  • Made for Gamers and 0xCord facilitate the integration of Verifiable Random Function (VRF).
  • Nazarov appears on CNBC and at Barclays Crypto & Blockchain Summit.

Lemonade Crop Protection

The Lemonade Crypto Climate Coalition provided parametric crop protection for nearly 7,000 farmers in Kenya, making cash payments to farmers affected by weather events during the recent growing season.

“Working alongside our partners and seeing the very real impact decentralized technologies can have on smallholder farmers in Kenya is incredibly encouraging,” Lemonade Foundation Director Shai Wininger said in a press release.

Founders of the non-profit program include Avalanche, Chainlink, DAOstack, Etherisc, Hannover Re, and Pula.

“The Lemonade Crypto Climate Coalition’s groundbreaking Kenya project built on Avalanche illustrates how blockchain is uniquely positioned to make the world better not only in the future, but now,” Ava Labs president John Wu said.

Unlike traditional insurance, where payments can take months to process, the Lemonade program uses blockchain and smart contracts to trigger instant payments so that farmers can receive their funds in time to prepare for the next growing season.

“Farming is a game of chance, and when I was told about the program, I felt it was better to register because if the season fails, we would be compensated. I registered that same day, which was easy. And given this season, the compensation I received will help me buy food for my family and seeds for the next season,” farmer Grace Gombe Mlango said.

Devium Joins BUILD

Devium has joined the Chainlink BUILD Program to accelerate adoption of decentralized code repositories by Web3 developers.

“Devium has long been an active participant and believer in Chainlink. Our participation in BUILD provides us with the benefits of priority support from the Chainlink ecosystem, increased access to dApps and developers needing decentralized code repositories, and stronger incentive alignment between the Chainlink and Devium communities,” according to a Medium post from Devium.

Devium aims to build a decentralized alternative to centralized code repositories such as Github.

“We’re excited to join Chainlink BUILD to gain enhanced access to industry standard oracle services and technical support that will help power Devium adoption and awareness. We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the Devium ecosystem,” Devium CEO Latif Vardar said.

As part of BUILD, Devium will receive access to services such as Price Feeds, new Chainlink product alpha and beta releases, and more.

In return, Devium has committed 5% of its total token supply to Chainlink service providers, including stakers.

VRF for Web3 Game Devs

Made for Gamers is leveraging 0xCord to enable developers to seamlessly integrate VRF into their Web3 games.

“Web3 gaming communities are demanding more transparency from projects, which is exactly what Chainlink VRF can help give them. It’s a must-have for Web3 games that care about the integrity of their game and building a committed community,” Made for Gamers CEO Paul-David Oosthuizen said in a Medium post.

Made for Gamers’ Web3 game dev aggregation platform is utilizing Web3 infrastructure hub 0xCord’s API to give developers access to VRF on multiple blockchains.

Nazarov Speaks

Chainlink Co-Founder Sergey Nazarov appeared on CNBC’s Crypto World to discuss the smart contract oracle network’s partnership with PwC Germany to help accelerate enterprise blockchain adoption.

At the Barclays Crypto & Blockchain Summit, Nazarov participated in a fireside chat and talked about traditional financial institutions and the future of tokenized finance.

Last four weekly Chainlink Roundups:

What is 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.

Where to find Chainlink:

Website | Twitter | Docs | Community

Related News