HomeCoinsChainlink (LINK)This Dot Labs Receives Chainlink Grant To Create Solana App

This Dot Labs Receives Chainlink Grant To Create Solana App

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The Chainlink Community Grant Program provides financial resources to the many development teams and researchers building a more functional, accessible, and socially impactful Chainlink Network. In order to fuel the growth of the Chainlink community and accelerate the adoption of hybrid smart contracts, the Chainlink Grant Program continues to support work that makes it easier, faster, and more efficient to build and test new smart contracts and applications.

We’re excited to announce that This Dot Labs, a development consultancy specializing in web-based technologies that offers support to organizations looking to scale open-source communities, has been awarded a Chainlink Community Grant to create an educational walkthrough showing developers how to build a decentralized application on Solana. 

The educational walkthrough will enable developers to create a smart contract application on Solana testnet that utilizes Chainlink Price Feeds, making it easier for new developers to start building in the Web3 ecosystem. The application uses Chainlink Price Feeds to create prediction markets that allow users to bet on whether a digital asset’s price will increase or decrease by a certain amount over a specified period—for example, whether the price of ETH will rise by 2% over the next 24 hours.

Specifically, the application will show developers how to:

  • Build a user interface that allows users to easily navigate the decentralized application.
  • Connect users’ wallets to the application and check if they have a sufficient wallet balance to make transactions.
  • Integrate Chainlink Price Feeds to enable prediction markets and help validate results based on high-quality market data. 
  • Create smart contracts that enable users to make deposits, withdrawals, and purchase in-game tokens. 

This walkthrough will expand the growing library of educational resources and tools supported by previous Chainlink Community Grants that enable Web2 developers to level up their skills and start contributing to the smart contract economy. New developers can visit Chainlink Academy to learn how to code in Solidity and integrate Chainlink trust-minimized services, while more experienced developers can access the Chainlink Fullstack Demo App to explore the best ways to utilize the most popular frameworks and leverage Chainlink oracle services on Ethereum.  

This Dot Labs is a leading consultancy offering web-based technological support, specializing in front-end and full-stack development services, open-source strategy, and creative marketing solutions that create an impact for brands and technologies within relevant communities and marketplaces. This Dot Labs has worked with many established organizations, including those with large developer communities such as Google, Twilio, Meta, Roblox, Wikimedia, and Cloudinary.

“We’re excited to receive a grant from the Chainlink Community Grant Program to create an educational walkthrough that helps developers build a prediction market on Solana,” stated Tracy Lee, co-founder and CEO of This Dot Labs. “By learning the fundamentals of smart contract development and building a decentralized application, developers can more easily start contributing to existing projects, launch new protocols, and help drive the next wave of Web3 innovation. Demonstrating an integration with Chainlink Price Feeds empowers developers to utilize reliable and secure tools when writing smart contracts, enabling them to build more advanced applications.

Through the Community Grants Program, Chainlink continues to empower innovative teams, academics, and social impact projects that research and develop key tools and infrastructure to accelerate the adoption of hybrid smart contracts, secure oracle networks, and cutting-edge technology capable of creating a more economically fair world.

About the Chainlink Grant Program

If you want to learn more about the Chainlink Community Grant Program, check out our blog post that further expands upon its goals and the criteria for submission. We encourage talented individual developers and development teams to apply to the grant program here, or if you’re a researcher and want to collaborate, contact us.

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