blockcities.build (CIT) API and Price Oracle

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blockcities.build

CIT
$
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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0x9c11...9C74
Network
Blockchain network where the asset is deployed
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Ethereum
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 blockcities.build (CIT)?

blockcities.build (CIT) is a blockchain-based virtual city NFT project. It allows users to own and trade unique virtual cities as non-fungible tokens (NFTs) on the Ethereum blockchain. Founded by Max Brody and Andrew Levine, blockcities.build aims to create a digital metaverse where users can experience and interact with decentralized virtual cities. The project was launched in 2021 and has gained popularity in the NFT community for its innovative approach to virtual world ownership.

How does blockcities.build work?

Blockcities.build is a blockchain-based virtual world where users can buy, sell, and trade virtual properties and assets. The underlying technology behind Blockcities.build is based on blockchain and utilizes the Ethereum blockchain.

The Ethereum blockchain serves as the foundation for Blockcities.build, providing a secure and transparent environment for users to interact with virtual assets. The use of blockchain technology ensures that ownership of virtual properties and assets is recorded immutably on the Ethereum network, preventing fraudulent activities and maintaining the integrity of the virtual world.

When a user wants to buy or sell a virtual property on Blockcities.build, they interact with smart contracts on the Ethereum blockchain. These smart contracts execute the transaction and ensure that ownership of the virtual property is transferred securely and accurately. This eliminates the need for intermediaries and streamlines the process of buying and selling virtual assets.

Additionally, Blockcities.build incorporates non-fungible tokens (NFTs) to represent virtual properties and assets. NFTs are unique tokens that can be bought, sold, and traded on the blockchain, allowing users to truly own and prove their ownership of virtual assets in the virtual world.

Overall, Blockcities.build leverages blockchain technology, particularly the Ethereum blockchain, to create a decentralized and secure environment for users to engage in virtual property transactions, enabling a new level of ownership and trade in the virtual world.

What are the benefits of blockcities.build?

Blockcities.build is a blockchain-based platform focused on creating, trading, and owning virtual real estate on the Ethereum network. It offers several benefits compared to its direct competitors in the blockchain virtual real estate space.

One of the key advantages of blockcities.build is its emphasis on user ownership and control. Users have full ownership of the virtual real estate they purchase, with the ability to transfer, sell, or lease their properties as they see fit. This allows for greater flexibility and potential for profit for users compared to other platforms.

Another benefit is the platform's focus on customization and creativity. With blockcities.build, users have the ability to design and build their virtual properties using a wide range of tools and features. This level of customization sets it apart from its competitors, as it allows users to create unique and personalized virtual spaces.

In addition, blockcities.build offers a vibrant and active community. Users can interact with other property owners, participate in events and competitions, and even collaborate on joint projects. This sense of community fosters engagement and adds value to the overall user experience.

Overall, blockcities.build stands out from its direct competitors by offering a user-centric approach, extensive customization options, and a thriving community. These factors contribute to its appeal and make it a compelling choice for those interested in virtual real estate on the blockchain.

What is blockcities.build used for?

blockcities.build is a website that allows users to create and explore virtual cities on the blockchain. It is primarily used for creating and trading unique non-fungible tokens (NFTs) representing various properties and buildings within these virtual cities.

The most common use case for blockcities.build is the creation and customization of virtual cities. Users can select different types of buildings, such as houses, offices, parks, and landmarks, and place them on the virtual map. They can also design the layout and infrastructure of the city, including roads, bridges, and other structures. Once the city is created, it can be shared with others or even sold as an NFT.

One specific case where blockcities.build can be utilized is in the gaming industry. Game developers can use this platform to create immersive virtual worlds for their players. By tokenizing the game assets, such as buildings, characters, and resources, they can enable players to own and trade these assets on the blockchain. This adds a new dimension of ownership and value to the gaming experience, as players can truly own and profit from their in-game creations.

Overall, blockcities.build offers a unique opportunity for individuals and businesses to create, explore, and trade virtual cities on the blockchain. Whether for personal enjoyment, creative expression, or as part of a larger gaming ecosystem, this platform opens up new possibilities in the world of blockchain-based virtual realities.

What is DIA's blockcities.build API?

DIA's blockcities.build API is a powerful tool that provides real-time price feeds for cryptocurrencies and NFTs. These price feeds are constructed by aggregating raw data from over 85 on-chain and off-chain exchanges, resulting in accurate and reliable information. While DIA offers free API endpoints for developers to test, the true value lies in their custom feeds.

The custom API data feeds provided by DIA are fully customizable, allowing users to tailor the sources, methodologies, and update mechanisms according to their specific needs. This means that developers can create dedicated API price feeds that are perfectly suited to their requirements. To request a custom feed, users can reach out to DIA via Discord or Telegram.

The use cases for DIA's API are wide-ranging and impactful within the blockchain ecosystem. In DeFi applications, the price information from DIA's API can be used in derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Additionally, in the NFTfi space, the API enables peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other innovative use cases.

Overall, DIA's blockcities.build API provides developers with a reliable and customizable solution for accessing real-time price data. The availability of custom feeds ensures that users can harness the full potential of the API to meet their specific requirements and build innovative blockchain applications. For more information or to start using DIA's API, visit their website or contact them through Discord or Telegram.

What is DIA's blockcities.build price oracle?

DIA's blockcities.build price oracle is a smart contract that provides real-time price feeds for crypto assets. DIA sets itself apart by offering custom price feed oracles that can be tailored according to the user's specific requirements. These custom oracles can be configured based on sources, methodologies, update mechanisms, and more. To request a custom feed, users can get in touch with DIA through Discord or Telegram.

DIA is integrated with over 35 layer 1 and layer 2 networks, allowing it to deploy price oracles across multiple blockchains. These price feeds are constructed by aggregating raw data from a vast network of on-chain and off-chain cryptocurrency and NFT exchanges, resulting in comprehensive and reliable price information.

While DIA does offer (free) demo oracles for developers to test, these are strictly for testing purposes and cannot be integrated into production applications. The demo oracles can be found in DIA's documentation. However, the ability to request custom configurations for price oracle data feeds is where DIA truly shines.

The use cases for DIA's price oracles are extensive and span across the blockchain ecosystem. In the DeFi space, they can be applied to derivatives, options, futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. For NFTfi applications, the price information provided by DIA's oracles can facilitate peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other innovative use cases.

In the context of blockchain technology, an oracle is an external information provider that supplies verified data from outside the blockchain to smart contracts. DIA's oracles serve as a reliable and accurate source of price data, enabling decentralized applications to make informed decisions and execute transactions seamlessly.

Why use DIA's CIT API & price oracle?

DIA's CIT API and CIT Price Oracle offer numerous benefits to users in the blockchain ecosystem. These technologies allow users to access accurate and reliable price data for cryptocurrencies and NFTs. One notable advantage of utilizing DIA's API or Price Oracle is the high level of customization available. Users can tailor each oracle and API endpoint to meet the specific requirements of decentralized applications.

Customization options include selecting data sources for the price feed, applying data cleaning filters and pricing methodologies, and determining the frequency of updates. This ensures that the feed remains robust and resilient in various market conditions while providing global and specific market prices on an individual or cross-chain basis. With this level of customization, DIA's API and Oracle provide tailored solutions for every user.

Transparency is another significant benefit offered by DIA. Their API and oracles provide full and granular transparency throughout the entire data journey. Users can closely track and monitor the oracle and API feeds with various tracking and monitoring tools provided by DIA.

Overall, DIA's CIT API and CIT Price Oracle provide users with access to reliable and customizable price data, ensuring robustness and resilience in market conditions, as well as transparency throughout the data journey. These features make DIA a valuable resource for users in the blockchain ecosystem.

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.