Chainlink and OVR Collaborate on a Prize Giveaway of $ 65,000 – Sponsored Bitcoin News
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After this TOTAL announced its integration with Chainlink on June 10th, now the team is proud to explain all the rules of the OVR award distribution supported by the Chainlink Verifiable Random Function.
In fact, OVR has decided to work with Chainlink VRF to determine the winner of their competition $ 15,000 OVR token price extraction Reserved for treasure hunters and to participate in its wider $50,000 OVR token price extraction for OVRLand buyers. The extraction process is carried out by a public and deterministic algorithm.
So OVR will have 2 main competitions, one for treasure hunters and one for OVRLand buyers.
OVRLand buyers and treasure hunters will win $ 65k
All OVRLands where treasures have been discovered after the start date of the competition will be listed on a special user interface available to the user. The treasure hunt competition will have 3 rounds on different dates from June 22nd.
At the end of each competition period, the list of all OVRLands in which treasures have been discovered by the participants is drawn up and made publicly available.
The list is ordered in ascending order of OVRLand Hex, OVR generates a publicly verifiable random number with Chainlink’s VRF and iterates on the ordered list with such a number to select the winner. The Python script used to iterate through the list is made public before extraction
With regard to OVRLand buyers, instead, all OVRLands acquired after the contest start date will participate in the win of an OVR prize and will run 5 different rounds of such a win.
Users who have been purchasing OVRLands since the competition start date will be able to see the list of OVRLands they have purchased during the extraction round on a specific interface.
At the end of each round, an ordered list of all OVRLands acquired during the period is made publicly available, OVR generates a publicly verifiable random number with the VRF from Chainlink and iterates on the ordered list with such a number to select the winner.
Only OVRLands that started before the closing date of the current round and closed before the beginning of the next round will be admitted to the auction.
Of course, the prizes are immediately available to the participants to withdraw or spend on the platform.
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source https://bidsfor.me/chainlink-and-ovr-collaborate-on-a-prize-giveaway-of-65000-sponsored-bitcoin-news/
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