/biz/ - Business & Finance

>>22155345

>>19938201
Thinking of it as a % is incorrect. You need see how much it currently costs for different industries to do business and then guesstimate what a competitive cost cut that SC/link would provide.

I like using online gambling, because it's easy for brainlets to understand how SCs can completely take over. With verifiable randomness already implemented, this 60 billion dollar revenue industry can be taken over tomorrow. Operating costs are something like 75% of revenue, I forget off the top of my head...but for simplicity, chainlink lowers it down to 10% (obviously the casino operators would suck dick for even a 5% increase in profits aka 3 billion annually)...so they pay 6b for CL to handle the entire backend and payment processing, for a per link per year return of 17 dollars pre dilution. Again, a very welcomed saving's of 5 billion a year (40b operating costs) would yield 114 usd per link per year.

Keep in mind the total online gambling market is projected to double by 2023, so double those numbers. Then add in the 10+ other major industries with even higher operating costs and higher yearly revenues. Gets pretty promising rather quickly.

Looks like this weekend will be a start for ALT season. I see ALTs setting up to go.