Quick take:

  • Orange will also leverage Pyth Price Feeds to empower the creation of UGC games and virtual worlds for its developers.

  • Pyth offers a permissionless data oracle that allows users to access asset prices on-chain with low latency.

  • Web3 developers on Orange will use the price feeds to monetise content using the Orange UGC platform.

Orange, a layer-1 blockchain platform that offers User Generated Content (UGC) tools for gaming, AI, and the metaverse has announced the integration of Pyth Price Feeds. Pyth Price Feeds is a permissionless data oracle that allows users to access asset prices on-chain with low latency.

The integration enables developers on Orange to tap into over 500 real-time data feeds for digital and traditional assets. Web3 developers on Orange will use the price feeds to monetise content using the Orange UGC platform.

“By teaming up with Pyth, Orange is harnessing the power of real-time financial data to supercharge the GameFi ecosystem on our platform. This collaboration not only boosts transparency but also opens the door to exciting new possibilities for both creators and users,” Wayne, the CMO of Orange Web3 said in a press release shared with NFTgators.

Orange offers a USG-driven ecosystem that includes a GameFi economy creation that allows users to build and manage in-game economies and financial systems, a leaderboard and rewards system that incentivises user engagement, an AI avatar creation for designing unique digital characters, and an NFT toolkit enabling seamless deployment of NFTs in games. Users can also leverage the Voice-Activated Builders tool for easy in-game and in-world asset creation.

The integration of Pyth Price Feeds into the Orange ecosystem empowers developers in a variety of ways including giving them “access to sub-second price information for digital assets, [which] can help ensure that in-game transactions are based on the most current and accurate data.” 

“The potential of pull oracles in enhancing creator platforms are largely untapped, and we’re all geared up to explore this frontier. Together with Pyth, we’re setting the stage to empower and elevate the next wave of Web3 creators,” Wayne added.

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The post Orange Integrates Pyth Price Feeds to Power GameFi Economies with Real-Time Data appeared first on NFTgators .