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Loka Labs Joins Chainlink BUILD

Twitter icon  •  Published 1 year ago on September 22, 2023  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Thursday that Loka Labs, the organization building MarkX Protocol, is joining the Chainlink BUILD program.

Loka Labs Joins Chainlink BUILD

Chainlink announced via X (formerly Twitter) on Thursday that Loka Labs, the organization building MarkX Protocol, is joining the Chainlink BUILD program. By joining the Chainlink BUILD program, Loka Labs is set to gain enhanced access to Chainlink's oracle services and technical support, which helps support the long-term adoption of licensing platforms for onchain digital creations. 

In return, Loka Labs will make 5% of its total native token supply available to Chainlink service providers, including stakers. Loka Labs’ MarkX is a cutting-edge platform built to unlock licensing for onchain digital creations.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 2% over the past 24 hours and is trading at $6.656 at press time.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.