/biz/ - Business & Finance

I promise you with all my heart and soul. If you nolinkers take one thing away from all of this, it's that there's still time. There's still time to buy in and make a massive profit if you just hold long enough, most of us aren't trying to dump bags on you, most of us would fight to the death to hold our link for another 2-years+ because we truly understand, not only is LINK undervalued but the whole market is undervalued, and what Chainlink promises to bring to the blockchain sector & industry even a 10x of the whole crypto market combined is undervalued. Become smart money, get in now and hold like your life depended on it. Screencap this and refer back to it in years, there's still time. There will still be time after we hit $10 but I'm telling you, you can still get in now. Buy and hold. Learn how to make an offline MEW wallet and HOLD.

There's still time, it's the most important message I have for nolinkers. There's still time. (And we aren't selling ours)

>>13718539

ID: FUCK ME OOUW

>>4417312
>>4417215
>>4417197
>>4417138

Sure you can say "There is no guarantee it will be adopted" or "Why won't every of those businesses not just program their own solution".
But I could say the same thing about ETH "What if smartcontracts won't get adopted?" "Can't companies not just program their own smartcontract services?"
The answer is NO. Because the value is added due to it being DECENTRALIZED. There is no third party that can meddle with the transaction. It's all real time based on sensor or other outside information which gives security to the users.
I hope some of you understand the potential of LINK some more right now.
I have seen a lot of FUD lately surrounding ChainLink and a lot of people losing faith. While everyone is waiting for news to drop, here is what we know about ChainLink as of now.

PARTNERS:
Here are some names of companies that ChainLink is working with, or at the VERY least has contacts with.

SWIFT: This one should be obvious to everyone by now. They just gave a working demo for SWIFT at SIBOS. They even state on the smartcontract website that they are indeed WORKING WITH SWIFT. The cheeky bastards even have SWIFT subtely underlined, as shown here:
https://imgur.com/a/UcnTf


SONY & AXA: We all know who SONY is. Axa is the largest holder of financial derivatives in the world. It's a trillion dollar market. All three parties have signed a smart contract that deals with varying levels of insurance coverage depending on firewall uptime on May 9th 2016, viewable here:

https://create.smartcontract.com/#/contracts/317764c5bf532e8b33572b6e77ae2133
https://imgur.com/a/uzRH1


FACTOM: Factom and ChainLink have been working together since 2016. You can view Factom's announcement about it here:

https://www.factom.com/blog/smartcontract-factom-announce-collaboration
https://imgur.com/a/Lf6vr

>>4063552
Why I Am Advising Them
I am in love with the use case they are tackling. I think it is incredibly important to have a secure service for trusted data feeds. It will enable so many use cases that are currently being stifled by the necessity of blockchains being closed systems. I only recently met the SmartContract.com team, but so far I have had good interactions with them. They have been working on this problem since before Ethereum was even a thing and I believe they have the most experience tackling this problem. They have a working data feed product today that anyone can try called ChainLink. The astounding thing is that it is designed to work on Bitcoin, Ethereum, and Hyperledger. Not many blockchain companies are targeting the 3 most popular blockchains. Click here for an example of a data feed from ChainLink that pushes the Ethereum price in USD.

Conclusion
As you have seen in my explanations, my main reasons for advising any group is because I believe in the team and the idea. These two companies meet my requirements which are as follows:

Have a team that can execute an idea.
If they have a token, it must be a utility token with a purpose and not a security.
Their idea or product must be useful at least and innovative at best.
These requirements do not mean I will advise your project. Status and SmartContract.com are the only companies I am publicly and officially advising. I do not plan to pick up anymore advisory roles in the near future. I have an IoT/blockchain security start-up called Oaken Innovations that is gaining a lot of traction that I dedicate my time to.

There is a lot of money and ideas being thrown around in the blockchain space. Be cautious of any token sales or promises that blockchain start-ups make. Watch for a team with actual code, a working prototype, and a solid team. Those are the groups you want to associate with.

>>3954971
Link isn't a P&D coin.

It is a lambocoin, much like bitcoin and ethereum.

>we live rent free in your head

>>3929248
>>3929259
>>3929272

DATA USED FROM BANKS AT SIBOS DEMO: Now keep in mind that these banks are NOT announced partners, but ChainLink has used them for their POC in their demo at SIBOS:

Barclays
BNP Paribas
Fidelity
Societe Generale
Santander

https://www.coindesk.com/swift-startup-winner-demos-smart-contract-trade-5-financial-firms/?utm_content=buffer4ffb0&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

COMMON FUD: I have seen a lot of the same FUD repeated on 4chan, lets take a look and see if we can dispell some of this shall we.

The big one that seems to be going around now is an old picture from a completely different presentation that Sergey is giving in what appears to be a small room. Here is the floor plan for the Metro Toronto Convention Centre, showing that the largest room is where the SWIFT presentations are in. (The room is actually next to restrooms though KEK)

https://imgur.com/a/4dSj4

"THEY ARE USING A SHITTY ERC20 TOKEN" : The token is only used to incentivize NODE operators. ChainLink itself can operate on the BTC blockchain, Ethereum blockchain, AND Hyperledger, as stated on the smartcontract website.

"THIS IS A PUMP AND DUMP SHITCOIN" : The developers have been working on ChainLink for over 3 and a half YEARS now. They haven't made any hype surrounding it or posted any skateboard pics. The largest wallets holding LINK have mostly not moved since ICO or are acquiring more LINK tokens. If this were a pump and dump they would be hyping the shit out of this coin and dumping it on us. This is clearly not the case.

"THE TEAM ONLY HAS 2 DEVS": This is true. However, they clearly already have a working product that is on their website, which they have already demo'd in front of a large crowd at SIBOS today. ChainLink is already a working product, unlike a lot of other shitcoins with a much higher market cap.