Chainlink yearly revenue: 50 million USD

[Anonymous No.49425269]

Ethereum yearly revenue: 8 billion USD
Axie Infinity yearly revenue: 1,3 billion USD
OpenSea yearly revenue: 740 million USD
.....
Ethereum Name Services yearly revenue: 50 million USD
Decentral Games yearly revenue: 48 million USD
Helium yearly revenue: 47 million USD

How does it make you feel? Chainlink revenue is the same as rank 100-200 dead tokens. Chainlink is extremely overvalued.

[Anonymous No.49425276]

https://tokenterminal.com/terminal/metrics/protocol_revenue

[Anonymous No.49425292]

>>49425269
Chainlink isn’t live in its full form yet, but you know that already.

[Anonymous No.49425305]

in his last talk sergey admitted that he didn't care about token ekonomics. retarded russian mongoloid

[Anonymous No.49425310]

>>49425292
Staking will not increase network usage.

[Anonymous No.49425316]

Tokenomics get switched on in 2022 - did you know nodes will also have to compete for jobs by staking more LINK in order to access the higher value revenue streams? CCIP will also be released this year unleashing high value usecases that will demand more LINK staked.

https://blog.chain.link/understanding-the-security-impact-curve-and-future-fee-opportunity/

https://chain.link/cross-chain#cross-chain-interoperability-protocol

The market hasn't worked out where the long term value capture is. The oracle problem is worth more than all of crypto combined.

Blockchain = Computer

Blockchain + Oracles = Computer + Internet

Blockchain + Oracles + DECO (CL component) = Computer + Internet + TLS/SSL

Chainlink is Layer 0 (see CCIP link above), the blockchain of blockchains without a blockchain or the TCP/IP of blockchain. Abstraction layer that will be used by everyone, in the end crypto = the "Chainlink Cloud" and everything else will be plug-in's and adapters to said cloud.

One day the market will be forced to come to terms with the reality that chain value capture is bound to blocks / throughput while the data layer (decentralized generalized oracle protocol with no cross-dependencies) has exposure to actual contract value and has no limitations short of global economic productivity. Chains have no direct value capture from a contract worth 1$ or 1 trillion - Chainlink does/will.

They are building the worlds first trust network which is an extension layer to the entire Internet. It is also a winner takes all layer - attempting to replace / compete with Chainlink will be the equivalent of trying to spin up a second competing set of Internet protocols.

Gartner knows where this space is going;
https://mobile.twitter.com/Gartner_inc/status/1533885772734119944

Who is Eric Schmidt?
https://mobile.twitter.com/DrakeLinked/status/1532166792965042176

Most will write this off as XRP-tier schizo, but ignoring this post will haunt them. Few.

[Anonymous No.49425323]

>>49425310
What about ccip

[Anonymous No.49425367]

>>49425269
>Chainlink costs $50 million
>Chainlink secures $50 billion

Chainlink is the most efficient protocol in crypto lmao.
And that's before staking.
The whole point of Chainlink is to cost as little as possible btw.

[Anonymous No.49425379]

>>49425310
Except of course it will.
Staking means more use cases (derivatives, securities, insurance, ...) and more node operators.

[Anonymous No.49425398]

>>49425269
You seem to be under the impression that those projects aren't primarily ponzis with never ending supply inflation.

[Anonymous No.49425411]

>>49425310
so this is the new tranny narrative huh

[Anonymous No.49425433]

>>49425310
ccip will increase network usage and reduce gas costs by 90% so you can minus 90% down gas costs on ETH

[Anonymous No.49425437]

>>49425269
If crypto wants to reach the financial markets at a retail level then it will need LINK like a person needs oxigen.
I don't care the value it has right now, it will reach absurd levels of market cap once crypto takes over traditional finance which I can see it happening pretty soon woth the dollar collapsing.

[Anonymous No.49425440]

>>49425367
>Chainlink is the most efficient protocol in crypto lmao.
>low apy is actualy a GOOD THING
>>49425379
Nope it won't. The only thing staking does is increase the number of nodes. Any project that wants to use the Chainlink protocol can do so now.

[Anonymous No.49425460]

>>49425433
>ccip will increase network usage and reduce gas costs by 90%
>Linktard have no idea what CCIP is
CCIP may increase network usage but it won't bring any significant numbers. Chainlink needs trillions of TVL for any meaningful apy.

[Anonymous No.49425473]

>>49425440
>>low apy
What APY are you talking about?

>The only thing staking does is increase the number of nodes.
lmao no, staking exponentially increases the security of the Chainlink network, which is exactly what is needed to enable real-world use cases like derivatives, securities, insurance, ...

[Anonymous No.49425487]

imagine using discord lmao like imagine having your own precious little username and avatar picture so your internet "frens" know who you are hahaahahahahahaha

[Anonymous No.49425538]

>>49425460
>Chainlink needs trillions of TVL for any meaningful apy.
Again, what fucking apy are you even talking about?

[Anonymous No.49425555]

>>49425269
1.76*6.5*12=137M the last time I checked
so going by CURRENT revenue Link is worth 1/80th of ETH

ETH market cap is 213B, Link market cap is 3B. Which is around 1/70th

That's going just by current revenue. Now, everything LINK gains from staking is not counted. Moreover, what it gains from CCIP will in fact COME DIRECTLY OUT OF THE ETH REVENUE (which is after all just the current insane gas fees Eth users are forced into)

>inb4 muh Luna drove up this monthly income
it did for Eth revenue too
>staking does not add revenue
the new tranny phrase, even if Swift comes to nothing, staking will attract all kinds of new users with its security guarantees and further decentralisation that it adds to the network

[Anonymous No.49425569]

when will it reach a million already, I hate my fucking job so much

[Anonymous No.49425572]

>>49425555
>so going by CURRENT revenue Link is worth 1/80th of ETH
1/80th is supposed to be 1/58th

[Anonymous No.49425576]

>>49425473
>What APY are you talking about?
Apy you get after staking your tokens? What other apy?
>lmao no, staking exponentially increases the security of the Chainlink network, which is exactly what is needed to enable real-world use cases like derivatives, securities, insurance, ...
Chainlink works just fine with the current version of mainnet. Most of the nodes are not even used and don't receive any rewards. What makes you think that there are some secret use cases? Because there aren't any

[Anonymous No.49425600]

>>49425555
and I also forgot to add
>inb4 you didn't count gas expense
ETH gas revenue doesn't account for node expense either

[Anonymous No.49425602]

>>49425555
>linkie can't do basic math
https://market.link/overview
32k daily link rewards * 365 * token price = 87 million usd
gas spent - 112k * 365 = 40 million usd

[Anonymous No.49425605]

>>49425576
You're a fucking ugly bitch. I want to stab you to death and play around with your blood.

[Anonymous No.49425614]

Under the sea
Under the sea
Darling it's better
Down where it's wetter
Take it from me
Up on the shore they work all day
Out in the sun they slave away
While we devotin'
Full time to floatin'
Under the sea

[Anonymous No.49425618]

Every other shitcoin is inflating their token and link is not.

[Anonymous No.49425639]

>>49425576
>Apy you get after staking your tokens? What other apy?
There is no such APY yet.
So what are you even talking about?

>Chainlink works just fine with the current version of mainnet.
In a limited scope (Defi) and limited participation (whitelisted nodes only).

For a fully open network and real-world use cases, Chainlink needs staking.
This was always the case since Whitepaper 1, newfag.

[Anonymous No.49425680]

Well, I gotta tell you: I'd be very, very careful who you talk to about that, because the person who wrote that, whoever he is... is dangerous. And this button-down, Oxford-cloth psycho might just snap, and then stalk Consensus from conference table to conference booth with an Armalite AR-10 carbine gas-powered semi-automatic weapon, pumping round after round into colleagues, co-workers, and frens. This might be someone you've known for years. Someone you pay to shill for you on Twitter. Someone very, very close to you.
>ChainlinkGod's words coming out of my mouth
>and I used to be such a nice person

[Anonymous No.49425700]

>>49425269
What is the point of making this thread?
What are you trying to accomplish?

[Anonymous No.49425737]

>>49425639
>There is no such APY yet.
But there will be. And judging by current number it will be super low.
>In a limited scope (Defi) and limited participation (whitelisted nodes only).
https://market.link/overview?searchView=true&searchSection=NODES
Most of those nodes are not used. What makes you think that enterprise users need your shitty neet nodes? Because they don't. They will use high quality nodes that are already running on mainnet.

[Anonymous No.49425745]

>>49425269
*lemme just multiply by todays price and extrapolate for the rest of the year*
goddamn you are dumb

now lets do it at ath
21.000.000*52= 1.092.000.000

wow, link did 1.1 billion in revenue.

[Anonymous No.49425790]

>>49425269
>HAHAH STINKIES NO KEEPERS NO FSS NO CCIP NO STAKING
>DEVS NOT DELIVERING DEAD PROJECT
>HOW DOES THAT MAKE YOU FEEL

*Chainlink makes $50m revenue without all those key network building blocks and services online*

>HAHAHA STINKIES ONLY $50M A YEAR THAT'S LESS THAN XYZ PROJECTS! (Still more than 99% of other crypto projects but we will ignore that)
>LOW REVENUE DEAD PROJECT
>HOW DOES THAT MAKE YOU FEEL
Can't have your cake and eat it too. No matter how you look at it, the revenue is impressive given the (non) maturity of the network. Discord trannies in full pilpul mode.

[Anonymous No.49425892]

>>49425737
> judging by current number it will be super low.
There is no current number, there is no staking yet.

If anything, APY is astronomical since nodes are already turning a profit with no staking at all.
Just imagine what it will be like when massive use cases start being deployed on Chainlink.

[Anonymous No.49425900]

At all time high I’ve already made it. I’m thinking about when it’s $100+. Comfy as fuck

[Anonymous No.49425942]

>>49425737
>What makes you think that enterprise users need your shitty neet nodes?
Big users will most likely use big nodes, small users will use small nodes.

(directly at least, the network has many layers like keepers etc. that use smaller nodes to do work in the background even for large contracts)

[Anonymous No.49425952]

>>49425602
you shouldn't look at daily and extrapolate because then you will get a very different number for ETH too (not 8B)
You should look at longest possible timespan

[Anonymous No.49425961]

>>49425602
as for gas spent, see >>49425600

[Anonymous No.49426108]

oh look, the same retard from yesterday

[Anonymous No.49426123]

Watching discord desperately pivot to fud from their completely failed hype run has been schadenfreude as fuck.
Nobody listened to you when you were shilling and nobody gives a fuck when you're fudding.

[Anonymous No.49426161]

>>49425892
>If anything, APY is astronomical since nodes are already turning a profit with no staking at all.
Revenue spread across more nodes = less apy. As I already said number of nodes does not affect usage.
>Just imagine what it will be like when massive use cases start being deployed on Chainlink.
What use cases? Do you have any evidence that there will be more use cases after the staking release?
>>49425942
As for now, small and big users use big nodes.
>>49425952
You can check yearly Eth revenue directly but not for Chainlink. 30d is not accurate because of unusual volume spike in May. On average daily rewards are ~32k

[Anonymous No.49426207]

>>49426161
yearly ETH revenue includes unusual volume spikes whereas for LINK you want to cut it out. The agenda is clear.

[Anonymous No.49426208]

>>49425411
Yeah they seemed to decide it in the discord a day or so ago it all came flooding out

[Anonymous No.49426216]

>>49426208
Imagine all having a username and a profile picture and calling each other "anon" lmao

[Anonymous No.49426224]

>>49426207
How many volume spikes are there? Maybe 2-3 in a year. It doesn't change anything.

[Sage No.49426239]

What's with the discord trannies? Why do they fud year after year? Do they even hold link? Are they just seething faggots?

[Anonymous No.49426266]

Under the sea,
Under the sea.
Darling, it's better down where it's wetter,
Take it from me!

Up on the shore they work all day,
Out in the sun they slave away.
While we devoting, full-time to floating,
Under the sea!

[Anonymous No.49426275]

>>49426239
All sorts. Some have LINK. A lot got rekt by AAVE liquidations when we first dumped to $13. A lot bought in 2018 but chased other hype moons and lost it all before they could buy back in. Some believed the fud from the start.
Lots of seething and bitterness out there. Apparently the entire discord holds 100k LINK which isn't much more than double what I have on my own.

[Anonymous No.49426282]

OP holds link

[Anonymous No.49426500]

>>49426161
>Revenue spread across more nodes = less apy
What a non sequitur.
Are you sure you want to be in this discussion?

APY is based on yield per stake. Since stake is 0, yield is absolutely through the roof.

>What use cases?
All the real-world use cases that require staking.

[Anonymous No.49426891]

>>49426500
>APY is based on yield per stake. Since stake is 0, yield is absolutely through the roof.
The more link staked the less apy
If 50% of current circulating supply is staked then apy will be around 3%
>All the real-world use cases that require staking.
Any examples? Proofs?

[Anonymous No.49426959]

>>49425269
>calculating “revenue” on a protocol
A more fair comparison would be # of tx. LINK currently handles billions per year.

But then you need to look at their market capture. They probably have captured less than 1% of their relevant market whereas OpenSea has capture greater than 50% already and have basically reached saturation outside of raw market growth. Chainlink already does more tx and has an insane amount of growth ahead.

If you go back and look at even your revenue number x50 it to match OpenSea. How do thinks look now?

[Anonymous No.49426965]

>>49426891
>If 50% of current circulating supply is staked then apy will be around 3%
lmao you're basically looking at the Wright brothers' plane and saying "building a large aeroplane is dumb since only one person can be on it when it flies".

>Any examples? Proofs?
see pic

[Anonymous No.49426990]

>>49426891
bro you're literally in 5 different threads repeating the same shit over and over again, give it a rest already

[Anonymous No.49427062]

Discord fud is always super obvious because they get too excited to use it when they agree on something new to use. I dismissed the idea of coordinated fud at first but you loser discord troons make it too easy to spot.

[Anonymous No.49427119]

>>49427062
Best part is that they believe it.

[Anonymous No.49427217]

>>49425316
You are a MANIAC, I see you in every thread!

[Anonymous No.49427233]

>>49425269
>How does it make you feel? Chainlink revenue is the same as rank 100-200 dead tokens. Chainlink is extremely overvalued.

https://docs.chain.link/docs/ethereum-addresses/

The above link is Chainlink's most in demand service. They're free to use.

[Anonymous No.49428870]

>>49426208
>>49425411
Do you know why they spend so much time planning and fuding LINK in their Discord?
Did they lose everything trying to swing trade their stack?

By the way is it possible to later report them to authorities for market manipulation to get most of them in a prison?
Discord keeps all the conversations, it should be easy to do.

[Anonymous No.49429019]

Revenue is a meme tho, Protocols shouldn't be valued for their net gross, BTC itself doesn't generate a lot of revenue (I believe even some protocols like BSC and Avalanche generated more). Most things of value aren't value generative, From commodities to land, I believe this whole revenue narrative started emerging after few ETH maxis tried to cope with high network fees by showing gross revenue, Beforehand this narrative didn't exist

[Anonymous No.49429048]

>>49429019
>Most things of value aren't value generative

*Aren't inherently

[Anonymous No.49429077]

Hmmm I thought all the neverending LINK hopium threads in the catalog were discordtrannies trying to set the stage to then spam when LINK doesn't le moon the milisecond staking is announced, but apparently they switch to low effort fud again? huh