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Wednesday, 01/27/2021 3:27:49 PM

Wednesday, January 27, 2021 3:27:49 PM

Post# of 1836
ChainLink: Adoption Will Drive LINK's Price Higher In The Long Run

Summary

- Smart contracts could potentially become widespread in coming years, but they generally need a source of truth to provide real world utility.

- Oracles ensure that smart contracts are provided with accurate information and ChainLink is currently the leading oracle platform.

- The LINK token could appreciate significantly, depending on how widely smart contracts are used and ChainLink's market share.

- There is also uncertainty about how value created by the ChainLink network will accrue to the LINK token in the event ChainLink is successful.

https://seekingalpha.com/article/4401255-chainlink-adoption-will-drive-links-price-higher-in-long-run

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