Chainlink Price Feeds Integrated Into Power Token Price Analytics Data by Ojamu

Chainlink Price Feeds have been incorporated into Ojamu, a Web3 and AI-driven solution for brand management, on the ETH public blockchain. The Ojamu Intelligence Platform (OIP) offers high-quality, vandal-proof price feeds required to enable real-time token price analysis, transactional data, wallet volume, and competition promotional details, thanks to the integration of the sector-leading decentralized oracle network. When optimizing their Web3 marketing efforts, firms employing the OIP can be more confident about getting the most recent and accurate data.

For the early incorporation of Ojamu, these digital assets are used: ADA, BNB, BTC, DOGE, DOT, ETH, LINK, LTC, MATIC, and SOL. Because of Chainlink’s hassle-free integration and industry experience, Ojamu selected it as their preferred Oracle solution. For smart contracts valued at tens of billions of dollars, leading DeFi protocols are already safeguarded by Chainlink, managing to maintain strong security and high availability even in the face of unanticipated occurrences like flash accidents, exchange outages, and data tempering threats through the use of flash loans.

Brands can analyze, improve, and manage their organic Web3 marketing approach with the aid of the Ojamu Intelligence Platform. Ojamu develops and optimizes brands’ Web3 strategies utilizing blockchain data, AI, machine learning, and various related smart toolkits, facilitating a smooth transition from Web2 to Web3 marketing and attracting consumers to their NFT, GameFi, as well as metaverse ecosystems.

They required access to recent asset prices delivered straight on-chain in a very trustworthy manner to help fuel their token analysis. A volume-weighted aggregate from all trade settings should be reflected in the prices of assets in the open market. As a result, they had to get aggregate price data off-chain and send it on-chain so their application could use it.

Ojamu integrated Chainlink Price Feeds after observing alternative Oracle solutions considering its wide range of key characteristics like:-

  • Top-Notch Data — Chainlink Price Feeds receive data from many high-end data aggregators, resulting in price data that has been combined from many exchanges, stabilized by volume, and freed from anomalies and wash trade. A more accurate worldwide market pricing is produced through Chainlink’s data gathering approach, which is inherently resistant to errors or exploitation.
  • Secure Node Providers – Chainlink Price Feeds are safeguarded by Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and well-established companies. Even in times of elevated gas prices and infrastructure failures, Chainlink nodes have an established track record of dependability.
  • Reputation System — Chainlink offers a strong reputation structure and several on-chain surveillance tools that enable customers to independently confirm the past and present effectiveness of node operators and the oracle network.

Chainlink Price Feeds offer the vital price information Web3 businesses use to create a successful marketing plan. This connection enhances the dependability, precision, and decentralization of Chainlink’s Ojamu Intelligence Platform, the market leader with demonstrated expertise.

54 posts

About author
Jill Fortner is a professional news writer with background in IT and finance. She contributes in-depth news articles on world's leading cryptocurrencies. She has contributed to number of news sites till now. Recently, she joined us as a full time crypto news writer. In addition to writing, she loves to interview leading players of crypto industry.

Leave a Reply

Your email address will not be published. Required fields are marked *