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A bullish perspective on Chainlink (LINK)

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by COINS NEWS 580 Views

As you should know, the fundamentals of a project are as important as the investor adoption. If the project is actively developing is one of the fundamental criteria. Furthermore, with a project that works in a Business to Business (B2B) model, i.e. develops a product for other businesses, one of the fundamental parts of the project is its integrations and partnerships.

So, I decided to give you a perspective of one of the more successful projects in this matter, Chainlink. For those of you who don't know, Chainlink is a decentralized oracle network. From their website, "Chainlink expands the capabilities of smart contracts by enabling access to real-world data and off-chain computation while maintaining the security and reliability guarantees inherent to blockchain technology".

Knowing this, for this project to succeed, it needs to be integrated in various other projects. To give you a perspective, Chainlink's product is present in AAVE, Synthetix, Compound, PAXOS, Celsius, etc... But even though it has had already a lot of success, the number of integrations is growing on a daily basis.

To show you this, I've compiled the integrations Chainlink had in the previous 7 days, announced on their Twitter page:

Project Date Product
Solana 25-08 Price Feeds
Getart NFT 25-08 VRF
Moon Nation Game 25-08 VRF
Roman Punks 25-08 VRF
ETHA LEND 24-08 Keepers
Fanadise 24-08 VRF
Penguin Defi 24-08 VRF
Kattana 24-08 Price Feeds
Picipo 23-08 VRF
Argon 23-08 VRF
TotemFi 23-08 Price Feeds
OMS 23-08 Data Feeds
Frax Finance 20-08 Price Feeds
LuxFi 20-08 Node
Ceramic 20-08 VRF
Starter 20-08 Price Feeds
SmaugNFT 20-08 Price Feeds
Mochi 19-08 Price Feeds
Adamand Finance 19-08 Price Feeds
DeRace 19-08 VRF
Cache Gold 19-08 Keepers
Fantom 18-08 Price Feeds
My Defi Pet 18-08 VRF
Liquidifty 18-08 VRF
Vogu 18-08 VRF

Remember, this is just the last week. At least 24 integration in that time-span. If you wonder what an active project is and what kind of fundamentals you should look for, Chainlink is a good example

Edit: Solana inclusion!

submitted by /u/nDreCoelho
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