Solanart – the marketplace that allows you to trade NFTs on Solana – has integrated Chainlink Price Feeds on Solana mainnet. Through this integration, Solanart now has access to high-quality, tamper-proof price feeds to display USD-based prices. As a result, Solanart users can rest assured that NFTs priced in USD accurately reflect market conditions.
About the Chainlink Price integration
The Solanart and Chainlink Price Feeds integration helps buyers, as well as sellers, see the live price of NFTs in USD. By adding marketplace improvements that allow users to filter NFTs by USD price, Solanart also makes NFTs more accessible.
In addition to these features, the team was attracted to Chainlink because the Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes. Moreover, the Chainlink Price Feeds uphold decentralization at the data source, oracle node, and oracle network levels. Finally, Chainlink’s robust reputation in this field secured the deal.
“Chainlink Price Feeds have enabled us to give our users a better marketplace experience,” said Arthur, the managing director of Solanart. “In a fast-changing market, our users need to accurately calculate the value of their NFTs in USD. Thanks to our Chainlink integration, we were able to enhance our front end and give our users the data they need.”
Solanart is the first marketplace on Solana to buy, trade, and sell NFTs. The main goal of the marketplace is to promote creators by providing a platform where they can share their art and connect with potential buyers. Being based on the Solana blockchain, Ethereum’s competitor, Solanart is quickly establishing itself as a serious marketplace with big ambitions.
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