Bright Ideas: Chainlink (Link)

Chainlink is a decentralized Oracle network providing a crucial bridge between information stored outside a blockchain ecosystem (off-chain data) and information stored within a blockchain ecosystem (on-chain data).

Price:

$7.07

Mkt Cap:

$3,396,413,942

View Coin Page

Project Fundamentals
  • Chainlink helds solve issues surrounding the centralisation of data provided to smart contracts, aiming to validate or conclude that the data being provided is correct.
  • Chainlinks Proof of Reserve consensus mechanism uses a network of node operators to acquire and analyse reserve data.
  • The native token of Chainlink is LINK which has a maximum supply of 1 billion tokens. LINK is used to compensate node operators for their provision of external data.
Partnerships / Implementation
  • Since 2019 Google and Chainlink have been collaborating to provide fully decentralised weather data directly from the Google cloud.
  • Solana Dapp, Saber announced it would be using Chainlink data feeds to provide automated market who invented mor making services.
  • NFT marketplace UREEQA has also partnered with Chainlink to implement live sports data feeds.
  • Chainlink’s data feeds can be used in mirrored assets, stablecoins, supply chains, prediction market, De-Fi and Parametric Insurance.
Roadmap and Announcements
  • The ambitious and long-term outlook provided by the Chainlink 2.0 Whitepaper is the most significant outline of the project’s future.
  •  “We foresee an increasingly expansive role for oracle networks, one in which they complement and enhance existing and new blockchains by providing fast, reliable, and confidentiality-preserving universal connectivity and off-chain computation for smart contracts,” Chainlink.
  • The Chainlink 2.0 Whitepaper identifies 7 key areas that the network will prioritise including: Hybrid Smart Contracts, Abstracting away complexity, Scaling, Confidentiality, Order Fairness for transactions, Trust minimization and Incentive based Security.
Technical Analysis
More Bright Ideas

March 6, 2023

Tron (TRX)

Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.

February 27, 2023

Polygon (MATIC)

Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.

February 24, 2023

Fantom (FTM)

FTM powers the Fantom network, and is used for staking, on-chain governance, and as payment for network fees.  

February 22, 2023

Polygon (MATIC)

Polygon was founded as a scaling solution for Ethereum and aims to be Ethereum’s internet of blockchains.

February 21, 2023

Cosmos (ATOM)

Cosmos is an interoperability platform operating as a “decentralised network of independent parallel blockchains"

February 20, 2023

Bitcoin (BTC)

Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.

Play Video

Welcome

Filtering Tool
Bright Idea
Market Wrap
Meeting Minutes
Platypus Show
Expert Insight
Educational
Weekly Review
Monthly Report
Research Articles
Partner Program
Glossary
Information
Account

Thank you!

Free Report

"The Past, Present & Future of Money"

Bonus Report

"Top 5 Cryptocurrency Picks of 2022"

Navigate the Cryptocurrency Markets Like a Pro!

Get instant access to the most important cryptocurrency news, decision-based AI data, cutting edge information,

independent research, coin ratings, filtering tool, daily market video insights, shows, educational content and much more...

LIVE COIN
DATA
COIN
RATINGS
TECHNICAL ANALYSIS
INDICATOR
AI DRIVEN SEARCH
& SOCIAL DATA
DAILY CRYPTO
MEETING MINUTES
WEEKLY
REVIEW
DAILY MARKET
WRAP VIDEO
MONTHLY
REPORT
DAILY NEWS
ARTICLES
FILTERING
TOOL
EDUCATIONAL
VIDEOS
PLATYPUS
SHOW

Navigate the Cryptocurrency Markets Like a Pro!

Get instant access to the most important cryptocurrency news, decision-based AI data, cutting edge information, independent research, coin ratings, filtering tool, daily market video insights, shows, educational content and much more...

LIVE COIN
DATA
COIN
RATINGS
TECHNICAL ANALYSIS
INDICATOR
AI DRIVEN SEARCH
& SOCIAL DATA
DAILY MARKET
WRAP VIDEO
MONTHLY
REPORT
DAILY NEWS
ARTICLES
FILTERING
TOOL
DAILY CRYPTO
MEETING MINUTES
WEEKLY
REVIEW
EDUCATIONAL
VIDEOS
PLATYPUS
SHOW
DAILY MARKET WRAP VIDEO
DAILY NEWS ARTICLES
LIVE COIN DATA
FILTERING TOOL
MONTHLY REPORT
EDUCATION VIDEOS
PLATYPUS SHOW
COIN RATINGS
WEEKLY REVIEW
TECHNICAL ANALYSIS INDICATOR
AI DRIVEN SEARCH & SOCIAL DATA
DAILY CRYPTO MEETING MINUTES

Navigate the Crypto Markets Like a Pro!

Get instant access to the most important cryptocurrency news, decision-based AI data, cutting edge information, independent research, coin ratings, filtering tool, daily market video insights, shows, educational content and much more...

Thank you!

Free Report

"Top 5 Cryptocurrency Picks of 2022"

Bonus Report

"The Past, Present & Future of Money"

Welcome to Platypus Terminal Portal!

As a member of our community, you can login here to access our unique filtering tool, view our daily market wraps, educational videos and quizzes. You can also watch our weekly show and interviews with industry experts and read the latest research articles as well as our monthly report.

Live Coin Data, Charts & Unique Insights

Live coin prices, volume, historical performance and charting tools.

Coin Ratings

A ranking on each coin based on eight core characteristics including Tokenomics, Scalability, Security, Decentralization, Applications, Team & Developers, Users & Adoption as well as Community Strength.

AI Driven Data & Analytics

Tool’s and analysis on specific on chain data, macroeconomic trends, google search trends, social media sentiment, cross chain events and much more.

Daily Market Wrap Video

We bring daily Crypto market news globally and present this in a video format to provide the best insights and key market moving events, so clients stay well informed of any important updates and changes.

Daily News Articles

We believe that more information will empower our clients, so our Analysts write daily research articles that cover some of the best performing projects so that clients receive an even more in-depth overview of the industry.

Daily Cryptocurrency Meeting Minutes

A summary video of the research and content that was presented in our daily meetings from our team of experts, covering the most important macroeconomic news, global equity markets, top cryptocurrency performers, technical analysis and charting conducted on Bitcoin, Ethereum, as well as an overview of our “Bright Idea” for the day.

Bright Idea

An attractive cryptocurrency project identified using our strategy and in-depth analysis.

Filtering Tool

Our unique Crypto filtering tool allows clients access to some of the top performing blockchain projects in different sectors that have a solid whitepaper, team, technology, roadmap, and adoption so that they stay better informed and gain access to cutting edge information.

10 of 14

Weekly Review Report

A weekly report to keep you up to date and well informed, capturing major events during the week, including macroeconomic news, project announcements, partnerships, regulation, economic data releases and top movers.

11 of 14
Platypus Terminal-Members Area

Monthly Report

Our report provides the latest global news on Cryptocurrencies and some of the top performing projects that have good future prospects. The report gives a concise overview of each project focusing in on their technology, institutional backers, application, adoption, scarcity, roadmap, their future potential and team.

12 of 14

Educational Videos & Content

We have compiled a series of videos that go in-depth into the world of Blockchain and Cryptocurrencies including that of Technical Analysis to empower our clients, providing further knowledge and insight. We make the content interactive by testing our clients’ knowledge with a series of multiple-choice questions, scoring them and giving the correct answers at the end of each section.

13 of 14

Platypus Show & Expert Insights

Access one of the best crypto shows on the market highlighting the latest news, highly promising projects and expert interviews from around the globe.