In this video we take a look at CHAINLINK (LINK). We also look at technical analysis for CHAINLINK (LINK) as well as price predictions moving forward into the future.
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Disclaimer: This video should not be considered as financial advise and was only created for entertainment/educational purposes. I will never ask you for money or information nor will I ever give you financial advice. Please be aware of scammers in the comments impersonating the clever crypto brand.
What is CHAINLINK (LINK)?
Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts. With many trusted partners, Chainlink is one of the major players in the data processing field. Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers, including Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.
As a decentralized network, Chainlink allows users to become node operators and earn revenue by running critical data infrastructure required for blockchains’ success. Chainlink uses a large collection of node operators to collectively power a wide range of decentralized Price Feed oracle networks live in-production, which currently secure billions in value for leading DeFi applications like Synthetix, Aave, yEarn and more.
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