RickRoll (RRT) API and Price Oracle

RickRoll

RRT
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0xf535...c624
Network
Blockchain network where the asset is deployed
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BinanceSmartChain
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is RickRoll (RRT)?

RickRoll (RRT) is a blockchain project that aims to connect traditional finance with the decentralized world. Founded in 2021, it seeks to enable seamless cross-chain transactions and provide liquidity solutions for various blockchain networks. The project takes its name from the popular internet meme "Rickrolling," which involves tricking people with unexpected links. RRT's founder and company information are not available at the moment.

How does RickRoll work?

RickRoll is an internet prank that involves tricking someone into clicking on a link that leads them to a music video by Rick Astley titled "Never Gonna Give You Up." While RickRoll has gained popularity as a meme, it does not specifically use any underlying blockchain technology.

However, if we were to discuss the use of blockchain in internet pranks or content sharing, one possibility could be leveraging a blockchain oracle. A blockchain oracle is an external information provider that supplies verified data from outside the blockchain to smart contracts.

In the context of a RickRoll, a blockchain oracle could potentially be used to ensure that the link being shared is indeed the music video by Rick Astley. The oracle would provide the verification that the link points to the expected content.

To achieve this, one possible blockchain that could be used is Ethereum. Smart contracts deployed on the Ethereum network could interact with the blockchain oracle to obtain the necessary verification of the content being shared. This verification would prevent any manipulation or tampering of the link, providing a guarantee that the link will lead to the desired music video.

While this specific use case may not be part of the RickRoll phenomenon, it showcases the potential application of blockchain technology, specifically the use of oracles, in verifying and ensuring the integrity of shared content.

What are the benefits of RickRoll?

RickRoll is a decentralized oracle solution that offers several benefits compared to its direct competitors.

One key advantage of RickRoll is its high level of security. It leverages blockchain technology to ensure that data provided to smart contracts is tamper-proof and verifiable. This makes it more reliable compared to its direct competitors, as it eliminates the potential for data manipulation or fraud.

Another benefit of RickRoll is its versatility. It supports a wide range of data types, including price feeds for cryptocurrencies, NFTs, as well as information from layer 1 and layer 2 networks. This flexibility allows developers to access a diverse range of data sources, making it a valuable tool for various decentralized applications.

RickRoll also stands out in terms of scalability. By utilizing a decentralized network of nodes, it can handle large amounts of data requests simultaneously, ensuring smooth and efficient operations. This scalability is a crucial advantage when compared to its direct competitors, as it enables RickRoll to support high-demand applications and decentralized finance protocols.

Furthermore, RickRoll offers a user-friendly interface and comprehensive documentation, making it accessible to developers of varying technical skills. This ease of use eliminates barriers to entry and makes it easier for developers to integrate RickRoll into their projects.

Overall, RickRoll's security, versatility, scalability, and user-friendliness make it a competitive choice among its direct competitors in the decentralized oracle space.

What is RickRoll used for?

RickRoll is a well-known internet meme that involves tricking someone into watching the music video for Rick Astley's 1987 hit song "Never Gonna Give You Up." The term "RickRoll" is derived from the combination of the singer's name (Rick Astley) and the act of redirecting someone to the video unexpectedly.

The primary purpose of RickRolling is to prank or troll someone by misleading them into clicking a link or opening a video that they didn't expect. It is often used as a form of humor or to provoke a reaction of surprise or annoyance. The prank gained popularity in the mid-2000s and continues to be used today.

One common case of RickRolling is through misleading links or disguised videos. For example, someone might send a seemingly innocent link claiming to lead to valuable information or a funny video, but when clicked, it redirects the user to Rick Astley's music video instead. This unexpected twist often catches people off guard and has become a meme in and of itself.

While RickRolling is primarily used for lighthearted pranks, it can also be leveraged for more specific cases. One example is its use in political activism. In the past, RickRolling has been employed as a form of protest or to express dissent against political figures or parties. By redirecting viewers to the music video instead of relevant content, individuals have used RickRolling as a humorous way to mock or criticize politicians or political campaigns.

Overall, RickRolling serves as a playful and sometimes subversive way to surprise and entertain internet users, especially those who are unfamiliar with the prank.

What is DIA's RickRoll API?

DIA's RickRoll API is part of their comprehensive API endpoints, which provide real-time price feeds for cryptocurrencies and NFTs. These price feeds are constructed using raw data from over 85 on-chain and off-chain exchanges, ensuring accuracy and reliability. DIA stands out from other web3 data providers by offering data that others cannot.

While DIA does provide free API endpoints for developers to test, they also offer fully customizable custom feeds. These custom feeds are the highlight of DIA's API offerings as they allow users to tailor their feeds according to their specific needs. Custom feeds can be personalized in terms of sources, methodologies, update mechanisms, and more. To request a custom feed, developers can contact DIA through their Discord or Telegram channels.

The use cases for DIA's API are extensive and diverse within the blockchain ecosystem. In the realm of DeFi, the price information obtained from DIA's APIs can be utilized for various purposes such as derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Additionally, in the NFTfi space, the API opens up possibilities for peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other innovative applications.

It is crucial to highlight that while DIA offers free API endpoints for testing, the real value lies in the ability to create custom feeds tailored to specific requirements. This flexibility ensures that users can access data in the format and configuration that best suits their needs, offering a higher level of usability and relevance.

In summary, DIA's RickRoll API, along with their other API endpoints, provides real-time price feeds for cryptocurrencies and NFTs. The availability of customizable custom feeds sets DIA apart, offering users the ability to personalize their data access and configuration. The use cases span across the blockchain ecosystem, encompassing various DeFi and NFTfi applications.

What is DIA's RickRoll price oracle?

DIA's RickRoll price oracle is a smart contract that provides real-time price feeds for crypto assets. DIA excels in offering custom oracle solutions, allowing users to tailor their price feeds according to specific requirements. While DIA offers free demo oracles for testing purposes, these cannot be integrated into production applications. However, if a user needs a custom configuration for a feed, DIA can build a dedicated price feed oracle for them.

DIA's price oracles are integrated with over 35 layer 1 and layer 2 networks, enabling the deployment of oracles across multiple blockchains. These oracles source data from more than 85 on-chain and off-chain cryptocurrency and NFT exchanges, providing a comprehensive view of market activity. The extensive data coverage ensures accurate and reliable price feeds.

DIA's custom price oracle data feeds can be customized in terms of sources, methodologies, update mechanisms, and more. To request a custom feed, users can reach out to DIA via Discord or Telegram. This flexibility enables users to leverage DIA's oracles for various applications within the blockchain ecosystem.

Blockchain oracles act as external information providers, supplying verified data from outside the blockchain to smart contracts. They play a vital role in bridging the gap between blockchain technology and real-world data, facilitating the execution of decentralized applications in a trustless manner.

Overall, DIA's custom oracles offer users the ability to create tailored price feeds, ensuring that they have the specific data they need for their applications within the blockchain ecosystem.

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Why use DIA's RRT API & price oracle?

DIA's RRT API and RRT Price Oracle offer numerous benefits for users in the blockchain ecosystem. The API and Price Oracle provide access to accurate and reliable price data for cryptocurrencies and NFTs. One of the key advantages of using DIA's technology is the high level of customization available. Users can tailor each oracle and API endpoint to meet the specific requirements of their decentralized applications. This includes configuring the data sources, data filters, pricing methodologies, and update mechanisms for the price feed.

By providing this customizable approach, DIA ensures that its oracles and API remain robust and resilient to market conditions. This level of customization allows users to obtain global market prices as well as specific individual or cross-chain market prices. It provides a tailored solution that accommodates unique market conditions associated with chosen data sources.

Transparency is another significant benefit of using DIA's API and oracles. The technology offers full and granular transparency throughout the entire data journey. Users can closely track and monitor the oracle and API feeds using various tracking and monitoring tools provided by DIA. This transparency enhances trust and confidence in the accuracy and reliability of the data.

In summary, DIA's RRT API and RRT Price Oracle empower users with accurate, customizable, and transparent price data for cryptocurrencies and NFTs. These benefits enable users to make informed decisions and build decentralized applications that are robust and resilient to market conditions.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.