Cryptomeda Integrates Chainlink Keepers To Automate Its Admin Wallet Funding Mechanism
We’re excited to announce that Cryptomeda — an NFT gaming ecosystem — has integrated Chainlink Keepers live on the Polygon mainnet. We are leveraging Chainlink Keepers to securely and cost-efficiently automate the management of admin wallets on the backend of our platform. As a result, Chainlink Keepers are now helping ensure Cryptomeda’s wallets maintain a sufficient MATIC balance so that services on our platform continue to operate without interruption.
We decided to automate Cryptomeda using Chainlink Keepers because it is operated by the same pool of time-tested, provably reliable node operators that currently help secure tens of billions of dollars in DeFi, even during record levels of network congestion and extreme volatility. The proven infrastructure of Chainlink helps ensure that every Upkeep is executed on-time in a trust-minimized manner, giving users additional guarantees that it will function exactly as intended.
Cryptomeda is a gaming ecosystem that blends unique NFT collectibles, DeFi mechanics, and a marketplace. To support these products and ensure our platform runs smoothly, we need our admin wallets to be properly funded at all times to ensure we can pay gas fees for token airdrops, token vesting, transactions on the marketplace, NFT mints, and much more.
Chainlink Keepers help ensure our admin wallets are funded at all times by monitoring them constantly and then triggering a function that funds the wallets with MATIC when the balance reaches a predetermined level. This is a critical function for the protocol, especially during network congestion when fees spike and wallet balances can be drawn down. Automating this process in a highly secure, reliable, and decentralized manner with Chainlink Keepers saves precious developer time and increases the efficiency of our protocol.
Chainlink Keepers is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Keepers serve as a decentralized, hyper-reliable, and economically incentivized automation bot that wakes up smart contracts when they need to perform critical on-chain functions, which usually take place at regular time intervals (e.g., every day at the same time) or based on external events (e.g., when an asset hits a specific price).
Some of the notable features of Chainlink Keepers include:
- Decentralized Execution — Chainlink Keepers provide reliable, trust-minimized automation with no single point of failure, mitigating risks around manual processes and centralized servers.
- Increased Efficiency — Projects that use Chainlink Keepers are able to reduce time spent on DevOps, minimize operational overhead, and streamline development workflows.
- Enhanced Security — Chainlink Keepers sign on-chain transactions themselves, enabling automated smart contract execution without exposing private keys.
- Reduced Costs — Chainlink Keepers perform efficient off-chain computation for smart contracts, allowing developers to build feature-rich dApps at lower costs.
We’re planning to extend the use of Chainlink Keepers on our platform to automate other services such as our NFT launchpad. We also intend to integrate Chainlink VRF v2 to provide a secure, tamper-proof source of randomness to our games.
“I would like to express my gratitude for Chainlink trust-minimized services. In my opinion, Chainlink Keepers are the best automation service available in Web3. Chainlink Keepers are highly secure and easy to use, helping Cryptomeda save substantial developer time and money, which we can utilize elsewhere. ” — Martin Jerabek, CEO of Cryptomeda
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
Cryptomeda is a complete NFT ecosystem that aims to revolutionize the NFT gaming sector with cross-game NFTs connected to the enriching DeFi mechanics, traded on its marketplace, and utilized in its own and other gaming platforms. All economic activity is facilitated by one unified token — TECH tokens, which enable trade, commerce, and Gamefi within the platform.