Chirp has joined the Chainlink BUILD program to drive the growth of the Web3 ecosystem and the long-term adoption of DePIN. Through this collaboration, Chirp will gain enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater crypto economic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stakers.
Introducing Chainlink BUILD
Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $12 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, off-chain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.
The Chainlink BUILD program aims to accelerate the growth of early-stage blockchain projects by providing them with the technical support, mentorship, and resources they require to scale and innovate. The program has already incubated many successful projects, including real-time data provider Truflation, decentralized exchange Krypton, and RWA tokenization protocol Lendr Network.
Why We’re Joining Chainlink BUILD
Chirp is joining Chainlink BUILD to take advantage of the security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Chirp will receive key benefits, including access to and integration of Chainlink Functions to transfer off-chain DePIN data on-chain. This collaboration will also allow for secure smart contract automation, along with access to new Chainlink product alpha and beta releases, among other benefits.
In exchange for these services, Chirp will make a percentage of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support each other’s growth.
Creating an Interconnected World
By partnering with one of the most recognized and well-respected names in the crypto industry, we are making an important step toward achieving our core goal of connecting the greatest number of devices with the blockchain. The technical support and mentorship provided by the Chainlink BUILD program will allow us to build a broader, more secure ecosystem, quickly. With Chainlink BUILD’s support, we are confident that the future we envisage is just around the corner.
