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London, United Kingdom–(Newsfile Corp. – May 24, 2022) –

Bear NFTs

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As these Bear NFTs will have different traits and rarity, distributing them to winners in a provably fair manner is critical to support the integrity of The Bear Hunt game. Being the first of many such games, it’s essential that Bullieverse will provide the community with complete transparency and set the standard for the metaverse moving forward. This transparency is especially critical as the project plans to evolve into a community-owned DAO in the future.

In order to distribute the Bear NFTs in a provably fair manner, Bullieverse needs 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 derived from blockchain data like block hashes can be exploited by miners/validators, while off-chain RNG solutions derived from off-chain APIs are opaque and don’t provide users with definitive proof of the integrity of the process.

After reviewing various solutions, Bullieverse selected Chainlink VRF due to it’s cutting-edge academic research base, supported by a time-tested oracle network, and secured through the generation and on-chain verification of cryptographic proofs that prove 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 Bullieverse 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 the users with automated and verifiable assurances directly on-chain that the Bear NFT distribution process is provably fair and was not tampered with by the oracle, outside entities, or the Bullieverse team.

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Chainlink VRF

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As Bullieverse expands, they are planning to launch more NFTs and allow users to purchase land. Once again, they’re looking to integrate Chainlink VRF to help ensure that they’re allocated fairly amongst the community and that everyone has equal access to them.

“Providing our community with complete transparency is essential to the Bullieverse, which is why it was imperative that we integrated Chainlink VRF. We’re not only focused on creating a highly immersive gaming experience, we want it to be fair for our community as well.”-Srini Anala, Co-Founder & CEO

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 Bullieverse

Bullieverse is an Open Metaverse where NFTs come to life through an immersive gaming experience built on the Unreal engine. This ecosystem is continually expanding, with new players joining the community, creating games and in-game assets leading to fair incentives aligned with Web3 ethos. Through Bullieverse DAO, Bullieverse will progressively decentralize to become a community-owned metaverse governed by the $Bull token holders.

Visit our website to learn more or connect with us on Twitter, Discord, Medium, and Telegram.


CEO and CoFounder
Srini Anala
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124976

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