What is Chainlink (LINK)?

Chainlink brings information that exists outside of a blockchain into the blockchain. It does this by creating oracles which are specific points within a blockchain that information can be brought in. Today's smart contracts are very basic... if someone sells x, pay them y. With an oracle, you can create something much more valueable, such as... if a wildfire burns this area, pay me $z insurance money - automatically! $LINK is the token that runs throughout the Chainlink network.
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LINK
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Cryptohunt's Opinion

Our take on Chainlink

Being able to incoporate information from the physical world into blockchains is how smart contracts will come to improve upon many of the services we use today. Additionally, smart contracts require someone to physically make them execute, this takes up time, attention and can slow down the movement of information. Chainlink is also creating solutions that allow these contracts to execute right when the conditions are met. Chainlink is working to make the distance between web3 and today's reality closer.
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How do you feel about Chainlink?

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What makes Chainlink special?
Chainlink is a powered by, uses to validate transactions, and is. Chainlink also supports.

Interesting facts about Chainlink

Here are some facts you may not already know about Chainlink. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Chainlink is working on more than just oracles and has created tools for smart contracts to operate on their own.

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Chainlink is “platform agnostic” which means they hope to work with many individual blockchains.

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Chainlink brings information from the physical world to digital blockchains, creating hybrid smart contracts.

Chainlink reviews from the cryptohunt community

Dive deeper into the different opinions about Chainlink and learn how others feels about it.
Chainlink
Positive review
Review author avatar
Zane
5 mo. ago

Crypto has a bunch of problems - one of the biggest ones is absolutely the fact that they can only operate on a limited set of information. This is what I think makes Chainlink so cool, it makes crypto relevant to so many more industries. Their executive team is also super sharp.

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Chainlink price and insights

See how much Chainlink is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 13 community reviews
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
110,223
4% of them are active
# Telegram members
34,112
4% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Chainlink, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
110,223
# Active Discord members
3,941
# Telegram members
34,112
# Active Telegram members
1,267

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