/biz/ - Business & Finance

>>19850934
Take it from a high IQ Jew. You really don't want to miss this train.

I see there is confusion once again about the purpose of the link token. Let's just clear this up now: the token is absolutely essential for system participation, because you need them as collateral for contract completion. There will be a constant cycle in and out of circulation, but overall it's in one's best interest to maintain a steady supply, or you'll be limited in the jobs you can complete. So sorry, no market dumping will be occurring.

>>8834899
I wish I could sticky this in link threads. I'm not sure why the use of the token is so elusive to everyone

>>8823616
The price of jobs will be determined by the importance of the contract, but the value in iy for us is that LINK tokens must be use as collateral. This means that circulating supply will drain as people lock up tokens in escrow

>>8816992
in a nutshell, LINK will connect real world data onto the blockchain so that smart contracts can be used in numerous industries. if you dont know what a smart contract is or a blockchain is, you need to do some more self learning and research more about this whole space.

(2/2) The use of the token itself. If you can read these and distill the information into sonething concise, you'll surely succeed.

>>8811250

For me it was this reddit post