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2.2 KiB
2.2 KiB
Parent:: Crypto Investments
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Chainlink
title: Summary
collapse: open
Chainlink enables blockchain technology to dialogue with non-Blockchain instances (servers, internet, etc...) creating more powerful computing capabilities for Blockchain projects.
This project is an important piece of infrastructure for the mass adoption of the Blockchain technology.
style: number
Investment thesis
Chainlink aims at enriching Blockchain protocols with data not directly available in the blockchain itself, creating a bridge between decentralised and centralised computing. The token is starting to be noticed by Institutional Investors and ETFs including this token are being launched. The price action should benefit from this favourable technicals.
Risk profile
Medium risk Maturing project with Institutional buying support.
Tokenomics
title: Price update
LINK:USD price = 24.74, volume = 4,128,244.11, change = -0.01 on 2022-01-14T17:40:02
The LINK token is the utility token of the network (i.e. the mean of exchange of information and gas fees) linking its value to the traffic in the network and therefore adoption.
News & corporate activity
Current pipeline
N/A
Innovation
N/A
Further steps
Further steps are captured in the Crypto Tasks