sayBLOWE Will Use Chainlink Oracles to Create Dynamic Hip Hop NFTs
sayBLOWE is a blockchain-based platform with a mandate to be the catalyst in the advancement of Hip Hop culture. In order to meet that goal, we’re excited to announce our intention to leverage the market-leading Chainlink Oracle Network to create dynamic Hip Hop NFTs on our new platform.
These dynamic NFTs will be unique digital assets that are digitally depicted using famous artists, with each NFT’s value based on that Hip Hop artist’s career as determined by the Hip Hop community and a variety of real-world data sources delivered by Chainlink Oracles.
With this integration, sayBLOWE is combining blockchain—one of the most disruptive technologies in modern human history for monetizing and exchanging value, oracles—the key to connecting blockchains to the real-world, and Hip Hop—a truly global cultural phenomenon.
We recognize the limitless potential of leveraging this trustless technology to power a borderless, creatively infectious culture that has grown from street corners in the Bronx NY to every corner of the globe in the span of half a century.
We think there is unlimited potential in creating a blockchain home for Hip Hop to build. In order to achieve this potential, sayBLOWE will use Chainlink oracles in our first innovation. sayBLOWE will foster the creation of Dynamic NFT’s by matching Hip Hop’s most celebrated Musicians with renowned digital artists to create dynamic ERC-721 NFT’s. Each dynamic NFT will be an accurate representation of the success or failure of the musician it depicts.
Accomplishing this requires sayBLOWE to leverage Chainlink Oracles as a means of connecting each NFT to high-quality external data sources, since the blockchain cannot interact with the outside world by itself. The data will be specific to each musician and used to generate an overall score that will live on the blockchain and be tied directly to a corresponding NFT of that musician.
Chainlink’s existing oracle infrastructure makes it easy to retrieve any data source and bring it on to the blockchain in a secure and reliable manner, ensuring that each sayBLOWE Dynamic NFT will reflect the most accurate and up-to-date data on a specific artist.
As the real-life musician’s career trends up, so too does the dynamic NFT’s score. The market will then determine the impact the score has on the value of the dynamic NFT.
By using these scores, additional applications can emerge like never before, such as being able to speculate on the successes and failures of Hip-Hop musician careers, all while simultaneously owning and appreciating modern art via the unique NFT designs themselves
Hip Hop is the only musical genre that has a competitive architecture, allowing for a musician’s career to rapidly decline due to the actions of another musician.
The worldwide Hip Hop community has always been and will always be the jury who decides a Hip Hop musicians W’s, L’s, and overall success through the purchasing of their music, concert tickets, merchandise, etc. Instead of being a one-way flow of money from the community, sayBLOWE makes it possible for fans to take part in the success of their favorite artists
Powered by its native coin, sayBLOWE community members will be able to purchase musician tokens that can be used to increase or decrease the musician’s dynamic NFT score. As sayBLOWE evolves into the museum and marketplace for purveyors of all things Hip Hop, the coin will be the currency.
sayBLOWE is for:
- The kid posting flyers on telephone poles at 2am.
- The DJ who needs that drip for the new tour,
- And the designers and artists who have it.
- The entrepreneurs who believe luck is the intersection of preparation and opportunity.
- And all the poets who just want to be loved.
“Hello Crypto, Hip Hop is home”
— sayBLOWE. 2021
About Chainlink Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.
Chainlink is trusted by hundreds of organizations to deliver definitive truth via secure, reliable data feeds. To learn more, visit chain.link, subscribe to the Chainlink newsletter, and follow @chainlink on Twitter.
sayBLOWE is a blockchain platform aiming to bring the world of Hip Hop to dynamic NFTs. We allow fans to collect and speculate on their favorite Hip Hop artists by purchasing their NFTs which dynamically update with that artist’s stats such as ticket sales, album releases, etc. sayBLOWE is the museum and marketplace for purveyors of all things Hip Hop.