Kephi Gallery launched with Chainlink Price Feeds live
In our previous publication, we announced our intent to integrate Chainlink Price Feeds as part of Kephi Gallery.
We’re excited to announce that the integration is now live on the Binance Smart Chain mainnet. As a result, users can now enjoy highly reliable exchange rates when buying and selling NFTs.
Price Feeds give the ability to price assets on-chain, and the initial integration on Kephi Gallery involves the use of BNB /USD/BUSD price feeds, with the ability to scale up in the future to meet ecosystem demand.
Chainlink Price Feeds provides access to the highest quality data with broad market coverage, robust oracle infrastructure proven to be reliable during extreme network conditions, and various on-chain monitoring systems that allow users to verify the integrity and performance of oracle networks.
“Chainlink is THE top oracle solution in the market, and we want nothing less than the best to make Kephi Gallery secure, trustworthy and transparent.” — Nicolás Verderosa, Kephi Gallery CEO
The end result is highly accurate, up-to-date, tamper-proof, and transparent price reference data that’s made accessible on-chain for our smart contracts to consume in a single function call.
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 read the documentation at docs.chain.link. To discuss an integration, reach out to an expert.
About Kephi Gallery
Kephi Gallery is a cross-chain, low fees, NFT marketplace where artists from different disciplines can get together and share (and monetize) their work. From visual arts, to music, from movie clips to even theater, every artist is welcome to mint their NFT and start trading their pieces of art.
Kephi Gallery is built on KardiaChain and Binance Smart Chain. Kardiachain technology allows for better accessibility, cross-chain integration and lower fees. NFTs minted on Kephi Gallery will use the KRC-721 standard and pay fees using KAI token, with lower fees and can approve 6000+ TPS, with 5s confirmation time.
Kephi Gallery’s vision is to provide a space where everyone can easily mint, buy and sell their digital collectibles easily, securely and with low fees.