Black_background_logo_BitcoinWorld-removebg-preview
Latest News Press Release

SAO Network Joins Chainlink BUILD

We’re excited to announce that SAO Network is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of decentralized storage by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stakers.

 

Our participation in BUILD provides the benefits of priority support from the Chainlink ecosystem, increased access to dApps and users needing decentralized storage, and stronger incentive alignment between the Chainlink and SAO Network communities. We’re confident that through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of SAO Network’s decentralized storage infrastructure.

 

SAO Network: Secure, Decentralized Storage Infrastructure for Web3

 

SAO (storage autonomous organization) Network is a Web3 storage infrastructure dedicated to building a Web3 data lego realm. As a decentralized storage network, SAO provides secure and reliable data storage, data access control, and data computing services.

 

Powered by Hedra Labs, SAO Network is developed with a focus on data self-sovereignty, data privacy, and data liquidity. It aims to revolutionize Web3 data storage and facilitate the growth of Web3 applications.

 

Why We Joined Chainlink BUILD

 

SAO Network joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, we will receive key benefits, including access to and integration of secure market data through Chainlink Price Feeds, the ability to trigger smart contract functions through Chainlink Automation, and access to new Chainlink product alpha and beta releases, among other benefits.

 

In exchange for these services, SAO Network will make multiple percentage points of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.

 

“Any Web3 project that wants to utilize the highest quality services gravitates towards using Chainlink’s battle-tested infrastructure. We look forward to continuing our collaboration together, and we’re excited to welcome the passionate Chainlink community into SAO Network’s ecosystem.”—<Blake Simpson, CEO>

 

About Chainlink

Chainlink is the industry-standard Web3 services platform and has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.

 

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

 

About SAO Network

SAO Network, developed by Hedra Labs, is a decentralized storage infrastructure for Web3. It offers a decentralized storage protocol with privacy-preserving computation to ensure user’s data self-sovereignty and facilitate the mass adoption of Web3.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.