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@chainlink is one of the most important, yet least understood, pillars of the #crypto ecosystem

It currently serves a vital role for DeFi, NFTs and L1s/L2s, and may ultimately be the unifying layer of #Web3

Here’s why $LINK token has the potential to 50x to 100x

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Chainlink is a “decentralized oracle network” that allows blockchains to connect to real-world data (we’ll explain this in a second)

It has a market cap of $3.6B, FDV of $7.2B and its $LINK token trades at $7.15

During the last #crypto bull market, the price exceeded $50
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This thread will cover the following:

• What is an oracle?

• What problem does Chainlink solve?

• How does it work?

• What is Chainlink 2.0?

• Who are the key players in the ecosystem?

• What are its #tokenomics?

• What’s the potential value of #LINK?
Read 41 tweets

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