/biz/ - Business & Finance

>>15772724
The tokenomics of the LINK token.

1. Chainlink nodes will be paid in LINK tokens only. There will be conversion tools for people that want to use fiat but will be converted to LINK. at the end of the day only LINK tokens can power the network since the nature of ERC-677 token, built specifically for LINK, is to transfer data.

2. LINK tokens are used as collateral value. Smartcontracts will use Chainlink nodes that carry a % value of LINK to the value of the Smartcontract. So yes, you can start a node without LINK but no one will use it. High value smartcontracts or any contract that has value will use nodes that carry the same or a % of value of LINK.

3. Decentralized networks that are home to smartcontracts will need decentralized data to execute. Chainlink is currently the only option. Thats why you will see everyone in this space partner with Chainlink

So....

Smart contract creators will demand a certain level of reputation or amount of collateral, to be paid in LINK tokens, that suits the value of their smart contract. A $1million bond would require a lot more collateral, than, say a smart contract dealing with $100. You wouldn't select the low rep/low collateral available nodes for something like a huge bond. Chainlink is actually targeting these high value contracts. Sergey has discussed at length why high value contracts in the financial world require a decentralized oracle: it puts all the risk onto the oracle rather than the smart contract creator. The smart contract creator doesn't risk losing money - the node operators do. The Chainlink network is genius like that.

There is infinite amount of collateral available because the token price can rise to meet it.

Now you have to research how large ALL these markets are. derivatives, insurance etc... hint: Trillions.

Is 1000$ really possibly in say the next 3-4-5 years?

>>15697069
HAHAHAHAHAHAAHAHAHAHAHAHA

>>15669883
when?

this is a chainlink board

>>15534766
How new are you anon and where are you coming from?

dont be suprised to see the price starts dumping, this happens EVERY time i buy something. just wanted to give you guys a headstart

>>15301777
Checked. He’s here

1mil end of 2025. If you doubt me check these digits.

>>15269099
this isnt redit anon, you need to post how you got to your conclusion or else this post is empty, only you live in your brain

>>15241673
>>15241866
Look here faggots, I'm notnon the server or involved in delphi.
I just like their memes because they are objectively good.

>>15215569
Just buy whatever has an abundant supply of dank OC memes. Chainlink is the only thing that meets that criteria. Memes are a much better indicator than flags.

Sup boys anyone still accumulating?

>>15172076
chainlink $1000 eoy

ITS NOT DUMPING TO .10C LIKE ALL THESE FUDDERS ARE PREACHING ABOUT

>he thinks king shitcoin will be worth a million $
>hes excited about 10x gains

real high iq chads hold LINK - the key to the bull run.

CHAlNLlNK $1000 EOY

>>15121480
we are all in this together, fren.

CHAlNLlNK $1000 EOY

just kidding i knew what chainlink was this whole time, just so bored waiting

>>15086432
magic is merely consciously controlling your subconscious

MY BODY IS READY