Here are the important contents captured from AMA with APENFT in the Poloniex Community on September 15, 2021:
1) What’s WINKLink (WIN)? What’s the role of WIN in the WINkLink ecosystem and on the platform itself?
The first TRON ecosystem comprehensive oracle WINkLink fully integrates the real world with the blockchain space，provides reliable, unpredictable, and verifiable random numbers, and fully restores trust and improves user experience by tapping into data, events, and payment systems, etc. from the real world.
The WINk team completed the acquisition of justlink.io on April 26, 2021and rebranded it as WINkLink. WIN is the governance token of the WINkLink oracle network. WIN, is the link and pricing tool between WINkLink linkage between different application scenarios and ecology, listed on Binance, KuCoin, Poloniex, Bithumb, HitBTC, WazirX, and many other well-known international exchanges.
2) Could you shed light on the advantages and features of WINkLink Oracle?
Features that WINkLink has to offer as an oracle service:
WINkLink uses smart contracts to pay oracle nodes, which then provide price feeds for the contracts. In this way, both decentralization and user engagement can be ensured. Second, WINkLink has chosen TRON MainNet to deploy its contacts. Supported by the fast transaction processing, high throughput, and stable block production on the TRON network, WINkLink will be immune to latency caused by high gas fees and the backlog of transactions on Ethereum, providing developers with real-time data services that are more stable.
DApp developers and node operators are the main beneficiaries of the WINkLink network. DApp developers can obtain stable and reliable data services at a lower cost, and node operators can receive rewards by running the node. If you would like to become a developer or node operator on WINkLink, you are welcome to visit our website at winklink.org.
3) What’s your take on the oracle service?
Oracles have numerous practical use cases. In other words, all blockchain applications that require interaction with off-chain data need the assistance of oracles. People begin to focus more on the security and authenticity of data these days when everything is interconnected and Dapps are growing exponentially. Oracles make it possible for blockchain to interact with the Internet and the real world, so it’s a focal point in blockchain development.
However, the major oracles in the market are, to a large extent, non-transparent, inconsistent, inaccurate, and difficult to scale up, which goes against the idea of security and transparency featured by DeFi. So the market is in dire need of an oracle that can provide data for decentralized finance.
WinkLink, the first TRON ecosystem comprehensive oracle, serves as a perfect solution to the problems above. By constantly improving its ecosystem, WinkLink can shape the future of the blockchain industry.
4) Not long ago, WINkLink and APENFT announced their plans to make inroads into Gamefi and NFTfi. Could you share more details with us?
GameFi and NFTFi have been two emerging trends that combine DeFi with NFT. GameFi refers to “gamified finance”, which is a brand new branch of business in the gaming industry, while NFTFi refers to blockchain projects with NFT elements. As the two popular projects, the joint project of APENFT and WINkLink in Gamefi and NFTfi will be powered by the TRON public chain and adopt the BTFS protocol and JUST financial ecosystem. NFT issued by APENFT and WIN issued by WINkLink will be used in the NFT game launched by the two partners.
The cooperation between APENFT Foundation and WINkLink on GameFi and NFTFi sits right on the cusp of the emerging trends of the industry. And under the strong support from Justin Sun, both sides will tap into TRON’s comprehensive ecosystem to incubate GameFi projects at a fast pace. Preparations for the prototype are scheduled to be completed in Q3, and the product will officially be presented to users in Q4.
5) Where does WINkLink stand now in terms of its roadmap? What are its future plans?
As of today, WINkLink has entered into strategic partnerships with Poloniex, SUN, Steem, and other renowned organizations and companies. Up to now, there are 7 supernodes on WNkLink: TronLink, Poloniex, JustSwap, TronGrid, uTorrent, BitTorrent, and PoloniDex.
WINkLink has released two solutions: Price service and VRF. WINkLink’s price service focuses on digital currency pairs, providing DApps with accurate and stable price information of real-world digital currencies. WINkLink VRF provides blockchain-based app developers with reliable, unpredictable, and verifiable random numbers.
In the near future, WINkLIink will roll out more quality solutions to empower developers to deploy a wide range of DApps in an easier and more secure manner. And as the TRON ecosystem goes on a fast track of development, WINkLink will continue catalyzing the growth of projects hosted on the TRON network.
6) Where can Poloniex users learn more about the updates on WINkLink?
You are all welcome to get the latest updates about us via the channels below and join the WINkLink ecosystem.
The first TRON ecosystem comprehensive oracle WINkLink fully integrates the real world with the blockchain space will be able to provide reliable, unpredictable and verifiable random numbers, and fully restore trust and improve user experience by tapping into data, events, and payment systems etc. from the real world. The WINk team completed the acquisition of justlink.io on April 26, 2021, and WINkLink becomes the first TRON ecosystem comprehensive oracle. WIN, a TRON-based TRC20 token, will be the governance token of the WINkLink oracle network. Up to now, WIN has been listed on Binance, KuCoin, Poloniex, Bithumb, HitBTC, WazirX and many other well-known international exchanges.