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Pyth Price Feeds Launches on Orange – A UGC-Focused L1 Blockchain

The integration of Pyth Price Feeds into the Orange blockchain was officially launched today, marking a significant enhancement in the tools available for User Generated Content (UGC) on platforms focused on gaming, AI, and metaverses. Orange, a Layer 1 blockchain, is now equipped to support Web3 developers in both creating and monetizing virtual worlds.

With the introduction of over 500 real-time data feeds for both digital and traditional assets, developers utilizing Orange will benefit from the Pyth Network’s pull oracle, which provides the most up-to-date price updates with minimal latency. The integration is designed to be permissionless, facilitating easy adoption and high composability.

Wayne, the Chief Marketing Officer of Orange, expressed enthusiasm about the collaboration: “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.”

Orange aims to be a holistic ecosystem that enhances community engagement, supports creators, and simplifies blockchain integration in gaming and metaverse environments. The platform offers various tools and infrastructure that enable the creation of engaging virtual worlds, including GameFi economy creation, leaderboards, AI avatar creation, voice-activated asset builders, and streamlined NFT deployment.

The availability of Pyth Price Feeds within the Orange ecosystem is set to revolutionize the creation of UGC games and virtual environments by providing developers access to accurate and immediate price data. This feature enhances transaction reliability in-game, ensuring fairness and building trust among users.

Wayne further highlighted the broader implications of the integration: “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.”

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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