11 Things you can build with the new #Chainlink Functions

1/ @OpenAI API

Create a smart contract that asks an AI for a daily investment recommendation and then makes that trade.
2/ @Tesla API

Create a Tesla rental smart contract.

The renter pays in stablecoins based on the miles traveled.
3/ @Spotify API

Create a smart contract that pays the artist based on the # of song plays. No middlemen. Instant payment via stablecoin.
4/ @zillow API

Tokenize your house as a dynamic NFT. The NFT updates house details using Zillow data.

Use your house NFT in DeFi.
5/ TikTok API @tiktok_us

Create a smart contract so an advertiser can pay an influencer based on the exact views and likes they generate.
6/ Peloton API @onepeloton

Create a smart contract that mints achievement NFTs based on the miles biked.
7/ @FortniteGame , @LeagueOfLegends, or other MOBA games

Create a skin that’s a dynamic NFT. It updates based on player in-game stats.
8/ Chess @chesscom

Create an NFT badge that changes based on leaderboard data.
9/ @AP Elections API

Create a DeFi prediction market based on election results.
10/ @FedEx track API

Create a smart contract that transfers stablecoin payment when your package arrives on the other side of the globe.
11/ @twilio API

Create a smart contract to send yourself notifications based on blockchain activity.

Get a Whatsapp message that your health factor on @AaveAave is running low.

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More from @77MichaelR

Dec 11, 2022
1/ Tokenization of real-world assets is a multi-trillion-dollar opportunity for #Web3

And it's just getting started...

Making these assets programable is a key step to moving global trade to blockchains:
2/ Tokenizing real-world assets is the process of representing them on the blockchain as tokens.
3/ What are the benefits of tokenizing something?

Anyone with an internet connection can now trade, lend, borrow, split up, and send these tokenized assets anywhere in the world, at any time, nearly instantly, for a low cost via blockchains.
Read 11 tweets
Sep 11, 2022
1/ NFTs can be more than just static jpegs on a blockchain.

Dynamic NFTs provide a canvas for real-world utility.

A few dynamic #NFT (#dNFT) use cases:
2/ The next step in the evolution of #NFTs is just getting started.

a dynamic NFT is an NFT that can change based on external conditions.

Changes to the NFT metadata are encoded in the smart contract that updates when predefined conditions are met.
3/ NFTs can be programmed in an infinite number of ways.

For example, your #teslamodel3 from @elonmusk can be tokenized as a dNFT with metadata updated to reflect its service records, mileage, accident report, market value, and more.
Read 7 tweets

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