Home Coins GET Protocol (GET) Replace July ’20 — Get pleasure from your stake-cation! | by Olivier...

Replace July ’20 — Get pleasure from your stake-cation! | by Olivier Biggs | GET Protocol | Jul, 2020


We’re constantly having conversations with new artists, managements and venues about what is feasible throughout this unconventional second in time. It’s clear that lots is feasible with plenty of motivation and just a little little bit of creativity.

GET Protocol X Chainlink VRF

A giant technical integration announcement was introduced this month, as we shared our plans to combine Chainlink VRF into our digital ticketing resolution.

After being approached by the Chainlink crew and studying about Chainlink VRF, we discovered a really attention-grabbing utility that solves an precise downside for ticket consumers, and for ourselves. From the announcement:

GET Protocol and Chainlink have discovered a solution to be part of forces and additional enhance the transparency of the consumer stream for the tons of of hundreds of followers that make use of GET Protocol to purchase blockchain-backed sensible tickets.

By integrating Chainlink VRF (Verifiable Randomness Perform) in GET Protocol’s digital ready line, ticket consumers for in style occasions are supplied with an trustworthy and clear likelihood of shopping for a ticket.

For in style occasions the place ticket demand exceeds the obtainable provide, the order of the ready line will likely be shuffled randomly, as to supply a good alternative for all followers to get their fingers on a ticket. Because the title suggests, this randomness will likely be verifiable, taking away any chance for centralized misconduct on the aspect of the ticketing firm, promotor or occasion organizer. (One thing which sadly nonetheless occurs recurrently and on a big scale.)

In brief, that is an innovation that makes digital ticketing provably extra trustworthy!

Try the complete announcement:

We are actually working in the direction of an appropriate pilot occasion to use this integration to. This can in fact be accompanied with additional co-marketing, to point out the world this cool new function!

Bear in mind the Q2 burn?

Whereas it already looks as if ages in the past, within the first week of July the Q2 GET burn report was revealed. A abstract:

The GET Protocol processed a complete of 164 506 state adjustments in Q2 of 2020.

48 090 tickets & up sells have been issued and 1943 tickets being resold for a complete of 562 occasions.

To gasoline these state adjustments a complete of 60 607 GET has been burned.

Proof of burn Q2: ETHERSCAN BURN PROOF 1 & ETHERSCAN BURN PROOF 2

Whereas the state adjustments have been decrease than Q1, because of COVID-19, there’s a large silver lining: An all-time document was set within the complete quantity of occasions producing state adjustments; 562 occasions, an 178% enhance to the earlier quarter.

This coincides with the famous pivot from much less frequent however massive occasion varieties resembling concert events, to recurring occasion varieties, resembling museums. Since this pivot was solely initiated pretty just lately, we really feel these are very encouraging numbers!

Sidenote: We’ve revealed this public repo that anyone can run to confirm the reported quantity of statechanges.

In the meantime, the GET utility token was listed on STEX

One other itemizing occured for GET, on the STEX change.

Following this itemizing, GET was additionally built-in on Bitcoinmeester (or Bitladon for English customers), a revered Dutch buying and selling platform that permits for easy and fast FIAT to crypto buying and selling.



Supply hyperlink

Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
477FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,551FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.18
GBP
1.31
CHF
1.10
NOK
0.11
JPY
0.01
CAD
0.76
AUD
0.72

Most Popular

Figuring Out Who’s to Blame for DeFi’s Persistent Security Issues

The decentralized finance sector continues to gain unprecedented popularity as the total value of assets locked in DeFi products doubled to over $4...

305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro

Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the...

ETH Transaction Fees Hit All-Time High Second Day in a Row

According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50.Average Ethereum...
bitcoin
Bitcoin (BTC) $ 11,479.21
ethereum
Ethereum (ETH) $ 391.60
ripple
XRP (XRP) $ 0.276979
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 279.88
bitcoin-cash-sv
Bitcoin SV (BSV) $ 201.40
litecoin
Litecoin (LTC) $ 54.24
eos
EOS (EOS) $ 3.02
binancecoin
Binance Coin (BNB) $ 21.08
okb
OKB (OKB) $ 5.48
tezos
Tezos (XTZ) $ 4.18
leo-token
LEO Token (LEO) $ 1.26
cardano
Cardano (ADA) $ 0.135936
monero
Monero (XMR) $ 88.65
stellar
Stellar (XLM) $ 0.099209
chainlink
ChainLink (LINK) $ 16.57
huobi-token
Huobi Token (HT) $ 4.50
tron
TRON (TRX) $ 0.021270
usd-coin
USD Coin (USDC) $ 0.996707
dash
Dash (DASH) $ 88.13
neo
NEO (NEO) $ 13.96
iota
IOTA (MIOTA) $ 0.371481
nem
NEM (XEM) $ 0.060062
zcash
Zcash (ZEC) $ 79.37
maker
Maker (MKR) $ 780.10
paxos-standard
Paxos Standard (PAX) $ 0.999370
ethereum-classic
Ethereum Classic (ETC) $ 6.69
vechain
VeChain (VET) $ 0.019465
true-usd
TrueUSD (TUSD) $ 0.999655
ftx-token
FTX Token (FTT) $ 3.29
kucoin-shares
KuCoin Shares (KCS) $ 0.979213
waves
Waves (WAVES) $ 3.18