Tell me why this isn't just another shitcoin with a 1 bil supply?
Don't buy it anon. Stay poor.
>>3228525
Smart contracts are about conditions to be fulfilled.
Oracles (people running computers that serve information about real world events) will be paid by LINK.
Companies or people writing smart contracts that want to draw on oracles will pay LINK to the oracle operators.
Example, people bet on MacGregor/Mayweather. An oracle draws on the API of a sports site and determines that Mayweather won. The smart contract reads that Mayweather won, and pays out the appropriate amount of money to people.
That's the future, it's bridging real world events with crypto payouts.
Isn't it going to be capped to a 10 million supply?
>>3228718
Read the website fag
>>3228525
HOW DO YOU HAVE SO MUCH ETH
I've put in 100 ETH.
Their site has a lot of really good api documentation, and you can read their code on GitHub. They have a proof of concept product working with SWIFT for bank transfers. They've been working on smart contracts since 2014, before ethereum was a thing.
LINK in theory creates a new economy where Oracles are paid for providing information to the blockchain, so that's a big disrupter already.