Chainlink Price Feeds renowned for supporting numerous ventures due to its diverse versatility. However, the oracle network recently landed a unique project with Degen Blues, where the NFT collection has announced using Ethereum prices to generate new music.
Degen Blues released an official post to make the announcement where they shared key insights about the project. The post stated that the music NFTs would become mintable on Ethereum starting from April 4th, 2022.
The more fluctuations arise in Ethereum’s prices, the more beat Degen Blues will encounter. The NFT collection even shared a preview titled Degen Blues #569 to give an idea about the music. The venture has assigned the crucial task of generating precise data to Chainlink.
The decentralized oracle network will offer price data using on-chain feeds, popularly known as Chainlink Price Feeds. The oracle framework will allow smart contracts to access highly-precise price data, mainly related to ETH – USD.
While this will be used for the melody, the project will use the BTC – USD feed to generate harmony. The NFT collection will debut on Ethereum with a plan to make it available on other top blockchain networks too. According to Degen Blues, the primary reason behind choosing Chainlink was its easy integration process.
The Degen team is delighted to develop future collections using off-chain data, putting the data sources to good use. Seeing Chainlink’s future-proof properties, the NFT holders can rest assured about their assets’ longevity. It goes without saying that Degen Blues will be minting fresh NFTs using Chainlink data in the future as well.
Degen Blues looks forward to future data-driven projects that are entirely on-chain, making life easier for artists and creators.