Chainlink is a decentralized oracle network connecting smart contracts on various blockchains with real-world data, events, and off-chain computation. Its fundamental purpose is to enable hybrid smart contracts by providing them with secure and reliable access to external resources, thereby bridging the gap between on-chain and off-chain environments. Chainlink is recognized as an industry standard for building, accessing, and selling oracle services.
The platform offers a comprehensive suite of services to developers and enterprises. These include “Chainlink Price Feeds,” which deliver accurate and tamper-proof financial market data to DeFi applications, “Chainlink VRF” (verifiable random function) for generating provably fair randomness essential for NFTs and blockchain gaming, and “Chainlink Automation,” which provides decentralized and reliable smart contract automation. Furthermore, “Chainlink Functions” allow smart contracts to connect to any external API and run custom computations, while the cross-chain interoperability protocol (CCIP) facilitates secure data and token transfers across different blockchain networks. Chainlink Proof of Reserve offers automated verification of on-chain and off-chain reserves.
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The Lumos Labs Hatch Accelerator is a program dedicated to fostering the growth of early-stage Web3 startups in India. Run by Lumos Labs, a Singapore-based innovation management firm, the accelerator is designed to identify and support promising projects that are building the next generation of decentralized applications.
The four-month program provides a comprehensive support system for participating startups. This includes mentorship from industry experts, a series of workshops covering various aspects of business and technology, and access to a wide network of investors and partners. The primary goal of the accelerator is to help these startups refine their products, achieve product-market fit, and scale their operations in the competitive Web3 landscape.
The Hatch Accelerator is a direct collaboration between Lumos Labs and the HederaHBAR Foundation, and it is specifically focused on expanding the Hedera ecosystem. The HederaHBAR Foundation provides the grant funding for the accelerator, demonstrating a significant commitment to nurturing the developer community and driving the adoption of the Hedera network in the rapidly growing Indian Web3 market.
Deloitte, a global leader in professional services, provides a wide range of audit, consulting, tax, and advisory services. Leveraging its deep industry expertise, the firm developed the Environmental and Social Impact (ESI) Platform. This platform is a sophisticated digital measurement, reporting, and verification (MRV) solution that enables corporations to measure, track, and report on their ESG initiatives. Its primary function is to transform sustainability efforts into evidence-based, auditable claims, directly addressing the challenge of greenwashing by providing a clear and credible record of a company's environmental and social impact.
The ESI Platform's foundation is a strategic partnership with The Hashgraph Association. The platform is built on the Hedera public distributed ledger, utilizing its technology to not only record ESG data but also to tokenise these verified impacts. Using the open-source Hedera Guardian toolset, the ESI platform creates a transparent and immutable audit trail, allowing for the creation of quantifiable, transferable digital assets that represent real-world sustainability outcomes.
Lil Monki is a collection of 1,212 unique, 3D-rendered NFT characters that represent the genesis project within the broader "Lil Universe" ecosystem on the Hedera network.
As the foundational characters of the Lil Universe, Lil Monkis serve as a key to accessing features and interacting with other future collections within the expanding ecosystem and community.
A central element of the Lil Monki project is the "Monki Lab," a feature that allows holders to evolve their NFTs. By combining a Lil Monki with other specific assets from the ecosystem, users can create new, often rarer characters, introducing a strategic and deflationary dynamic to the collection. This process, along with other platform activities, is powered by the native ecosystem token, $LILU. Holders can typically stake their Lil Monki NFTs to passively earn $LILU, which is then used to pay for evolutions and other transactions within the Lil Universe.
Built entirely on Hedera, the project leverages the network's speed and low transaction fees to enable an affordable and efficient user experience for staking, trading, and utilizing the NFT evolution mechanics.
The D'CENT Wallet is cryptocurrency storage solution developed by IoTrust, a South Korean company founded by security experts. Its flagship product is the D'CENT Biometric Wallet, a hardware device emphasizing robust security through features including a Common Criterial Evaluation Assurance Level 5+ (EAL5+) certified Secure Element chip, fingerprint authentication for transaction signing, and a bespoke onboard secure operating system.
The D’CENT cold storage wallet supports numerous digital assets including Bitcoin, Ethereum, XRP, Hedera tokens, and many other mainnet coins and tokens. It also provides a mobile application that serves as an interface for its hardware wallets (Biometric and Card-type) and can also function as a standalone software wallet facilitating portfolio management, secure transactions, and access to decentralized applications (DApps) via its Discovery tab.
The D’CENT platform supports management of non-fungible tokens (NFTs) and other Web3 assets as well as offering features for cross-chain interaction through its platform and user application.