Can we get a serious discussion on what this shit might be worth? It's an ERC20 token but blockchain agnostic. Could it in theory surpass ETH even if ETH remains a top crypto, due to the value in connecting to other chains?
Can we get a serious discussion on what this shit might be worth? It's an ERC20 token but blockchain agnostic...
Link is shit
No one knows
It will surpass ETH, not right away but it definitely will.
It'll be listed on KyberNetwork soon and when it is, people will create a reserve for LINK, and companies such as Kaleido (plus all their competitors that are yet to be announced) will create user friendly integration for smart contracts using Chainlink without ever having to set up an ERC20 wallet and will be market buying LINK on demand from the reserves.
The user won't even know they're using Chainlink, but the platform will be market buying it behind the scenes.
This will all take some time
>years not months
This is mass adoption
This is the singularity
This should be screencapped so you never forget it.
1000$
If I pick up 500 of this shit will i be making it or too late?
>going to easily be worth $100-1000 per token but 26 cents is maybe too late!!
if dubs you're a fucking faggot
> understands it to the point that he knows it's blockchain agnostic
> unironically calls it an ERC20 token
I can't tell if this is bait or if you only make stupid posts about link after turboskimming any info you could find on it in 10 minutes.
Imagine the largest financial institutions in the world settling multi billion dollar derivatives smart contracts, and using over 100 oracles to provide their payment triggers in order to ensure accurate data, and requiring a $100k collateral stake to absolutely guarantee accurate data provision, and all the node operators crawling over each other to own more and more LINK so that they can secure the lucrative, high value contracts.
Now imagine that isn't just happening in global derivative contracts through SWIFT but is also happening all across the legal industry through Accord and all over the EVM through ZeppelinOS and all through enterprise onboarding through Kaleido etc etc.
Now imagine Chainlink has a multi-year head start FMA, absolute entrenchment as the industry standard oracle provider across this entire range of industries, the capacity for complex off-chain computation in secure Trusted Execution Environments through Town Crier with Ari Juels, one of the leading minds of smart contracts, contributing on an ongoing basis to its development.
Imagine that LINK tokens, as mechanisms for articulating and moving value within this ecosystem, are the mandated form of value representation and exchange that must be posted as collateral, that must be staked in nodes to secure high value contracts, and that must be issued as payment to node operators for performing this work.
Now imagine that the world currently values this emergent ecosystem at less than $100 million and consider what kind of upside potential that might have.