Advertisement
AD

Main navigation

Advertisement

Dolce & Gabbana Announces Collaboration with Chainlink

Advertisement
Thu, 19/05/2022 - 10:22
Dolce & Gabbana Announces Collaboration with Chainlink
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Dolce & Gabbana and Polygon-based Metaverse fashion company UNXD are teaming up with Chainlink for the upcoming DGFamily Glass Box reveal. To ensure that the procedure is demonstrably fair, the reveal leverages verifiable randomness from Chainlink VRF.

Advertisement

The Chainlink Verifiable Random Function (VRF) will be used by UNXD to power the DGFamily Glass Box Reveal, which determines if a collector possesses a Black, Gold or Platinum Box.

The Chainlink VRF generates both a random number and a cryptographic proof off-chain and then delivers both on-chain, with the cryptographic proof being checked on-chain prior to the consuming application accepting the random number. It thus provides on-chain randomness through this mechanism.

Advertisement

The use of the Chainlink VRF will assist users in obtaining automated and publicly verifiable proof that the random reveal of DGFamily Glass Boxes is demonstrably fair and cannot be tampered with or predicted by the oracle, outside entities or the UNXD and Dolce & Gabbana teams directly on-chain.

UNXD says it will cover the LINK tokens needed to operate this reveal for each DGFamily Box as part of its ambition to stay on-chain and be as Web3 native as possible.

The Collezione Genesi, Dolce & Gabbana's first non-fungible token (NFT) collection, debuted in September 2021. UNXD, a luxury marketplace established on the Polygon network, showcased the fashion designers' collections.

In January, Italian luxury fashion house Prada and sportswear giant Adidas announced their first collaborative NFT project on the Polygon blockchain. Adidas stated that it had teamed up with Prada to launch a user-generated NFT art project, dubbed Adidas for Prada Re-Source.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD