ChainLink LINK
Report IssueThe LINK network provides smart contracts with data, bank payments and API access. Chainlink (LINK) is a decentralized oracle network that aims to connect smart contracts with real-world data. Since the Chainlink network has a reputation system, node providers who have a large amount of LINK can be rewarded with larger contracts, and failure to provide accurate information results in token deductions.
Details
$25.763
+5.75%
#11
Blockchain Service
ByBit 
Binance 
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Solana 
Score
Sentiment
Bullish 
Fundraising Statistics
$25.76 +5.75%
$0.11
Framework Ventures Tier 1
Fundamental Labs Tier 2
Nirvana Capital Tier 2 LINKChainLink
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Short Review ChainLink
Crypto project ChainLink (LINK) is classified as a Blockchain Service. ChainLink is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B LINK (Circulating Supply + Tokens yet to be released - Burned Tokens). (35.00% of total tokens) have been allocated for the public sale. The level of social activity of the ChainLink project is assessed as Medium.
ChainLink ICO Overview
Estimated date for the public token sale: 18 September 2017. ChainLink (LINK) price during the token sale: 0.11 USD. Min/Max Personal Cap: NO / 7 ETH. You can purchase project tokens for ETH
LINK Price Chart
The launch of LINK token trading took place on 20 September 2017.
Fundraising Rounds
Total sold 349.49 M LINK tokens ( of total tokens). Total amount of funds raised by the ChainLink project is $32.00 M.
| Investment Round | Date | Price | Funds Raised |
| Public Sale | September 19, 2017 | $0.11 | $3.00 M |
| Private Sale | September 19, 2017 | $0.09 | $29.00 M |
ChainLink Investors
Framework Ventures Tier 1 Fundamental Labs Tier 2 Nirvana Capital Tier 2Chainlink in Detail Review
Chainlink is a decentralized oracle network that connects blockchain-based smart contracts with external data, payment networks and various real-world events. It is known to have a secure infrastructure that allows smart contracts to communicate with APIs to communicate and receive data from external sources.
The main goal of the project is to optimize and expand the use of smart contracts, as well as reduce the likelihood of errors or inaccurate information. Oracle nodes receive real data, transmit it across the network and transmit it to the blockchain. Oracle operators who contribute to the collection and transmission of Chainlink data are rewarded with LINK tokens. Chainlink's own cryptocurrency, called May LINK, is one of the main components of its decentralized network.
LINK is an Ethereum token based on the ERC667 standard, which also makes it compatible with the popular Ethereum standard. This means that LINK tokens can be stored in any Ethereum wallet.
Chainlink (LINK) Project
The project was launched by SmartContract, a company created in 2014. It has offices in New York and San Francisco, making Chainlink an American project.
The company cooperates with the interbank data transfer and payment system SWIFT, which covers 11 thousand banks around the world.
ICO took place on September 19, 2017.
The project lay low during the 2018 bear market. Almost no one talked about Chainlink and the LINK token collapsed like every other altcoin. However, in the summer of 2019, the LINK token rose from $0.5 to over $4 in just two months.
Advantages of Chainlink (LINK)
- The most important factor is the status that Chainlink has in its niche. There are no direct competitors in the market. li>
- A cutting-edge team of professionals.Chainlink's development team works closely with renowned computer scientists and experienced cybersecurity researchers.
- Chainlink is also independent any particular blockchain, even if it now only runs on Ethereum. It is important for investors that the future of Chainlink does not coincide with Ethereum or any other blockchain.
- The price of the LINK token is tied to Chainlink's success.Its price will rise if there is more demand for Chainlink network services. All LINK tokens are pre-mined, so there will be no new ones on the market.
Disadvantages of Chainlink (LINK)
- The Chainlink project is still in its early stages . Many key features are still mentioned in WhitePaper.
- Question of necessity. There are some opinions that the LINK token is an unnecessary element of the project, since there are other cryptocurrencies that sufficient to compensate the operators, and that the oracles themselves will have an incentive to keep their network and access to their own data constant.
