The project and expectations of the future of the link coin 2022

The project and expectations of the future of the link coin 2022

The founder of the link coin is Chainlink Sergey Nazarov, originally from Russia. According to official records, the company is registered in the Cayman Islands.
Chainlink Founding CEO Sergey Nazarov has been involved in Bitcoin since the inception of the blockchain In fact, records show that the domain was captured 6 days before the publication of the Bitcoin white paper Nazarov did not actively use the site until 2014, apparently as someone dedicated to contracts Smart after this date.

coin origination link

Sergey, who held a very important part of the cryptocurrency world 6 days before Bitcoin, is very curious about the connection between Bitcoin and the blockchain, even if Sergey Nazarov lives in the United States, it should be noted that the Russian links cannot be ignored.

What is the LINKcoin?

  • Chainlink web services are purchased with LINK coins.
  • LINK coins are created on top of Ethereum.
  • The LINK coin is an ERC-20 token.
  • LINK coins can be traded with fiat currencies or other cryptocurrencies.
  • The Chainlink ecosystem is built around the LINK network and the LINK token. Those who want to receive external data through Chainlink smart contracts pay Chainlink in LINK coins.
  • Chainlink operators also share LINK tokens within the network.
  • LINK coins are created on top of Etherium therefore, the link coin is an ERC-20 token.
  • LINK coins can be traded in fiat or other cryptocurrencies and is one of the rare coins that are freely accepted in Bianca’s list.

Investing in Chainlink?

  • 2017 Chainlink and LINK coins entered the market.
  • At launch, it raised $32 million through 1 billion LINK tokens.
  • It is characterized by its ability to withstand market trends and fluctuations.
  • The most valuable currency in 2019 is the LINK coin.
  • The link coin also started in 2020.
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Every day, new projects and new cryptocurrencies are included in the world of cryptocurrencies, the fact that there are a lot of cryptocurrencies in the market confuses investors.

Of course, Bitcoin, which has been on the market for ten years, is the most popular currency among investors.

However, investors new to the market are especially turning to affordable cryptocurrencies.

Link prices in real time

The link coin price today is CNY 78.102, and its 24-hour trading volume is CNY 2,888 036 475 CNY.

We will update the price of LINK to CNY in real time. Chain Link is down 922 in the last 24 hours.

It is currently ranked #23 on CoinMarketCap, with a market capitalization of ¥47,997,514,301.

The platforms with the largest trading volume on Chainlink are Binance, OKX, CoinFLEX and Uppit and you can find other assets listed on our website.

What is Chainlink Currency?

Chainlink LINK is a decentralized oracle network designed to connect smart contracts with real world data.

Developed by Sergey Nazarov, Chainlink, with Steve Ellis as another partner, in September 2017, Chainlink raised $32 million through an ICO, with a total supply of 1 billion LINK tokens.

The link coin is the original cryptocurrency of Chainlink, the decentralized oracle network, used to pay node operator fees.

The Chainlink network has a reputation system, and node operators with a large number of LINKs can get more contracts, and if the node operator cannot pass accurate information, its tokens will be reduced.

The developers call LINK an ERC-20 token, but it adds a “transfer and connect” function to the ERC-233 protocol (address, uint256, bytes), allowing the token to be received and processed by nodes in a single transaction.

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Stimulating the development of the ecosystem

After a $32 million ICO in 2017, in order to stimulate the development of the ecosystem, 32% of the link coin tokens were sent to contract operators, and 30% of the tokens remained within Chainlink for development (35% of the tokens for sale). general).

Predictions of future prices may seem impossible, but if we use a combination of historical data and predictions of the economic future, in general, we can predict the far future values ​​of some well-known digital assets

The COVID-19 pandemic and the subsequent financial crisis may change the way experts view the future of some cryptocurrencies.

It has been argued many times that the global financial crisis may be a time when the masses will begin to see cryptocurrencies as an alternative safe haven to the weak traditional monetary system in modern times as a test of this theory.

Read also: Everything you need to know about the advantages of Chain Link currency

Cryptocurrencies are a strong performer compared to national currencies

This crisis has been expected for a long time. Cryptocurrencies are showing strong performance compared to national currencies and stock markets.

Chainlink Coin is among those coins that look fine on odd days. Let’s calculate the likely future price of this coin, but first, we will remind our readers what this coin is and analyze how it moved in the previous charts.

The LINK cryptocurrency is expected to issue 1 billion tokens. According to the company’s policy to encourage users, 800 million tokens will be used to reward users who use the link coin services, and the remaining 200 million tokens will be used as reserve assets, which will be managed through LTP.

LINK can also be exchanged through exchanges exchanging with other cryptocurrencies, and even converting to fiat currency according to the market value.

The growth of offline services through the token economy

In 2018, LVC recently announced the inclusion of LINK, its proprietary cryptocurrency issued on LINE’s BEATBOX trading platform.

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Launched on September 17 last year, BITMAX provides LINE trading cryptocurrency services in Japan.

And when it was launched, it was welcomed by many users who are new to cryptocurrency trading.

And he became the first user in Japan to offer cryptocurrency exchange LINE LINK cryptocurrency exchange services.

The cryptocurrency LINK was previously used by the BITBOX exchange, but at that time it was only used in global regions outside Japan, and the BITBOX platform was replaced by the BITFRONT exchange at the end of February this year. The announcement of the listing on the Japanese asset exchange BITMAX allows the LINK cryptocurrency to be traded and used in Japan.

According to LVC Corporation, LINK cryptocurrency is expected to issue 1 billion tokens as per the company’s policy to encourage users, 800 million tokens will be used to reward users who use the link coin services, and the remaining 200 million tokens will be used as reserve assets managed by LTP.

Cryptocurrency function LINK

Within the LINE token economy, the function of the LINK cryptocurrency is mainly to incentivize user behavior, reward users with LINK cryptocurrency, and thus deepen the rate of use of decentralized application (dApp) services.

In addition, in order to make these decentralized applications more practical, LINE also announced that application services and more third-party services will also be integrated with these decentralized applications, and the acquired LINK cryptocurrency can be seamlessly used between different services, the service grows, and the demand for Tokens, including the link coin, and the economic value of the tokens will increase.

In addition to its implementation in the service content, LVC Corporation previously stated that the LINK cryptocurrency will be exchangeable for other cryptocurrencies through exchanges, and can even be exchanged for fiat currency based on market capitalization.

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