/biz/ - Business & Finance

>>52704376
I'm not sure why more people don't talk about this slide from sergey's smartcon talk more

their 'conservative' estimate is that oracles services will make $86-$171 billion in revenue per year and chainlink currently provides over 60% of services

so lets say chainlink continues to dominate the oracle space and makes $100 billion in revenue per year one day, that means you get $200 a year for each link staked, so a 10k LINK stack would make $2 million a year

Obviously the price of Link would rise significantly as people would want this passive income, so lets say people buy it up till the network has an APY of around 4%, that would make each Link token $5000 each with it's current circulating supply ($2500 fully diluted supply), remember these are chainlink's conservative estimates for revenue...