DuckDAO
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DuckDAO

DuckDAO to Collaborate with Chainlink to Strengthen the Digital Asset Ecosystem

DuckDAO is proud to announce that we have entered into a collaboration with Chainlink to combine DuckDAO’s industry-leading expertise in incubating and launching digital assets with Chainlink, the market-leading decentralized oracle network, to expedite the development of blockchain-based projects via provably secure and reliable oracle solutions.

The Chainlink oracle framework has the potential to solve a variety of challenges faced by our incubation projects on a daily basis. This long term collaboration will not only benefit both ecosystems, but is also designed to create awareness around the best practices to be used by early-stage crypto projects whilst creating, integrating, and accessing oracles.

Chainlink will assist DuckDAO’s incubation and strategic projects in implementing the widely used Chainlink Price Feed oracles, as well as how to best make use of these Chainlink solutions within DeFi applications to secure user funds.

These plug-and-play Chainlink price oracles allow new DeFi projects to access the highest standard of data quality and oracle security without forcing their lean engineering teams to build and maintain their own oracle solution from scratch.

This will streamline DeFi development for early-stage projects, and help them avoid the many pitfalls and timesinks of building secure and reliable oracle networks.

Additionally, promising smart contract projects in the Chainlink ecosystem may be looking for strategic fundraising and community expansion services. DuckDAO, with one of the crypto industry’s largest network of engaged investors, partners, and service providers, will provide strategic advisory and fundraising to high-quality projects in the Chainlink ecosystem seeking support.

Regarding the collaboration, Head of Chainlink Business Development, Daniel Kochis, stated:

DuckDAO leadership commented on the collaboration saying:

About Chainlink

Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.

Chainlink is trusted by hundreds of organizations to deliver definitive truth via secure, reliable data feeds. To learn more, visit chain.link, subscribe to the Chainlink newsletter and follow @chainlink on Twitter.

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Find Out More About DuckDAO🐥

DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast track their progress on the path to success.

Who will win? One VC or a thousand ducks?

Official Links:

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Zoran Spirkovski

Zoran publishes a blog post on Medium every day. He writes about whatever is relevant in his mind on the day he writes. Follow to get updates.