Micro3 Integrates Pyth Price Feed for Real-Time NFT Pricing on its Decentralized SocialFi Mint-To-Earn Platform

We are thrilled to announce that we have recently integrated Pyth Price Feed to enhance the accuracy of NFT prices displayed on Micro3. This integration signifies an advancement in the access to real-time market data for ETH and VIC on Zksync and Viction, enabling timely and precise NFT pricing updates.

The integration of Pyth Price Feed holds paramount importance for Micro3 and its ecosystem. Pyth Network provides Micro3 with access to more than 450 real-time price updates for different things like cryptocurrencies, foreign money exchange rates, goods, ETFs, and stocks. This means Micro3 and other projects can work smoothly with Pyth Price Feeds, which keeps their smart contracts safe and ensures NFT data is updated extensively and quickly.

Pyth Price Feeds introduce innovative features, including a pull oracle design that enables Micro3 users to request on-chain NFT price updates from the Pythnet appchain when needed. This saves resources and makes sure users get the most accurate and up-to-date prices. Also, Pyth Price Feeds show confidence intervals, which are visual signs of how much prices might change. This helps protect Micro3 users and their money.

In conclusion, Micro3 utilizes Pyth Price Feed to accurately assess the value of NFTs within its ecosystem, ensuring users participating in minting activities can rely on the displayed prices for transparency and dependability. Additionally, Micro3's adaptable infrastructure enables effortless deployment of NFTs by projects and content creators. This feature, combined with Pyth's capability to efficiently capture eligible NFTs across different blockchains, showcases Micro3's dedication to offering NFT Infrastructure As-A-Services, promoting accessibility and inclusivity within the decentralized ecosystem.

About Pyth

The Pyth Network is a first-party financial oracle network designed to provide low-latency real-world data to multiple blockchains securely and transparently.

Pyth incentivizes some of the world’s largest market participants — exchanges, market makers, and trading firms — to contribute their data to the network. Pyth aggregates their data on-chain for smart contract applications to use. These protocols can pull Pyth prices on-chain when needed.

In less than a year, Pyth has secured more than $2.0B in total value. Pyth currently supports 450+ real-time price feeds across crypto, equities, ETF’s, FX rates, and commodities, and has facilitated more than $120B in total trading volume across over 50 blockchains.

For more information, please visit the documentation and website.

About Micro3

Micro3 is a Decentralized SocialFi Mint-To-Earn platform, empowering Web3 projects and individuals through creator economy, utilized by LayerZero and Chainlink technologies.

Users are rewarded through their NFT minting participation in both social and on-chain quests from Web3 projects. Micro3 also distributes revenue sharing and airdrops based on the user's history and contribution to the platform.

Besides, projects and content creator can leverage on Micro3’s infrastructure to deploy their own NFTs and conveniently snapshot those eligible for airdrop across blockchains (NFT Infrastructure As-A-Services)

For more information, please visit the website.

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