/biz/ - Business & Finance

CHAINLINK WILL BE WORTH ONE HUNDRED UNITED STATES DOLLARS IN THE COMING 4 MONTHS BECAUSE I FUCKING WILL IT

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>the year is 2025
>the layer 1 war has stopped, since no one directly interfaces with individual chains anymore
>in this multi chain world, all defi users are interfacing through the layer 0 routing layer known as the Reference Chainlink Programmable Token Bridge
>in addition to moving tokens, additional commands can be automatically adjusted, to balance portfolios and optimize yield across any protocol across all the chains and layers 2
>trillions of dollars have been safely deposited on the CCIP infrastructure and to date, no hackers have been successful at bribing network participants thanks to quadratic collateral staking and the anti fraud network
>enterprises have happily joined the complex blockchain space via this easy abstraction layer
>DECO allows users to interact with privacy oriented backend and trigger smart contracts with sensitive data enabling new use cases on chain
>despite the unique capabilities and trade offs offered by most chains, most txs are executed on layers 2,where Chainlink nodes additionally serve as validators and offer anti MEV protection via FSS sequencer decentralization
>thousands of defi dapps are themselves reliant on Chainlink price feeds while NFTs and meta verse gaming have gone mainstream thanks to VRF
>all the top enterprises and financial firms have joined the network as nodes, increasing node numbers in the thousands and earning +10% user fees from the entire blockchain economy
>NEET nodes are battling each other for scrap jobs, but some are quite successful as well as long as they remain dedicated to upholding highest data quality and uptime reliability, backed by large collateral pools thanks to a few og marines
>following the 2023 wall street crash, web2 institutions realize the value of web3 and begin implementing hyper reliable Chainlink's data in their products
>my node is processing millions in daily rewards, for being a critical pillar of layers 0, 1, 2, all the way to the dapps, enterprises and retail interfaces

Chainlink is an amazing project from a crypto enthusiast standpoint. It has established itself as a necessary project for the entire crypto and defi space with it's partnership and integration into several different blockchains and services.

However from an investors perspective I have a really tough time justifying putting even one dollar into the token, because the tokenomics are quite concerning from what I've researched.
The team owns the vast majority of the token. 1 billion max token supply. The token isn't used for anything but pay oracles for their work. No deflationary aspect whatsoever except oracles hoarding link, further putting most of the tokens in the hands of the top wallets.

Maybe the token not needed meme really isn't a meme after all? I would be happy for someone to give some optimism or another perspective on the tokenomics because they really don't look good from an investors perspective.

>the year is 2025
>the layer 1 war has stopped, since no one directly interfaces with individual chains anymore
>in this multi chain world, all defi users are interfacing through the layer 0 routing layer known as the Reference Chainlink Programmable Token Bridge
>in addition to moving tokens, additional commands can be automatically adjusted, to balance portfolios and optimize yield across any protocol across all the chains and layers 2
>trillions of dollars have been safely deposited on the CCIP infrastructure and to date, no hackers have been successful at bribing network participants thanks to quadratic collateral staking and the anti fraud network
>enterprises have happily joined the complex blockchain space via this easy abstraction layer
>DECO allows users to interact with privacy oriented backend and trigger smart contracts with sensitive data enabling new use cases on chain
>despite the unique capabilities and trade offs offered by most chains, most txs are executed on layers 2,where Chainlink nodes additionally serve as validators and offer anti MEV protection via FSS sequencer decentralization
>thousands of defi dapps are themselves reliant on Chainlink price feeds while NFTs and meta verse gaming have gone mainstream thanks to VRF
>all the top enterprises and financial firms have joined the network as nodes, increasing node numbers in the thousands and earning +10% user fees from the entire blockchain economy
>NEET nodes are battling each other for scrap jobs, but some are quite successful as well as long as they remain dedicated to upholding highest data quality and uptime reliability, backed by large collateral pools thanks to a few og marines
>following the 2023 wall street crash, web2 institutions realize the value of web3 and begin implementing hyper reliable Chainlink's data in their products
>my node is processing millions in daily rewards, for being a critical pillar of layers 0, 1, 2, all the way to the dapps, enterprises and retail interfaces

Chainlink doing the bear market thing again.

If you are a newfag and still don't understand why this board of oldfag autists is so obsessed with Chainlink in particular, this thread's purpose is to answer all questions Chainlink-related.

Big things are coming this year, with tokenomics changing the rules of demand, and ccip changing how it'll be perceived as a more retail facing, bigger value capture product. Team has a massive war chest, will continue hiring while most projects won't survive the next couple of years.

Bull market tourists, who thought they were geniuses when everything was going up but are now depressed and confused, this is your chance. A bear market is when real technical fundamentals, adoption metrics and professional teams matter. When smart money flees into the rare serious projects. Start paying attention.