Summary
This prediction ended on 24.01.22 with a price of €14.36. The prediction for Chainlink disappointed with a performance of -22.82%. Maxi_Scalibusa has 50% into this predictionChainlink is a decentralized oracle network that connects smart contracts on blockchains like Ethereum with real-world data and events. Essentially, it is a way for blockchain to access external data in a secure and reliable way.
The main applications of Chainlink include:
1. Decentralized finance (DeFi): Chainlink is commonly used by DeFi protocols to obtain real-time price feeds for cryptocurrencies, stablecoins, and other assets.
2. Insurance: Insurance policies are executed on smart contracts, and Chainlink provides the necessary data to trigger payouts based on real-world events.
3. Gaming: Chainlink can be used in gaming to provide random numbers and other data that determines game outcomes.
4. Supply chain management: Chainlink can be used to verify the authenticity of products through data on the supply chain.
5. Decentralized autonomous organizations (DAOs): DAOs use Chainlink to retrieve data related to voting and governance decisions.
Overall, Chainlink's main application is in providing real-world data to blockchain systems and creating secure connections between them.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Chainlink | 3.914% | 3.914% | -51.757% | 5.882% |
| iShares Core DAX® | 2,99 % | 3,22 % | 4,27 % | 53,70 % |
| iShares Nasdaq 100 | -1,58 % | -3,17 % | 24,75 % | 76,70 % |
| iShares Nikkei 225® | -2,25 % | -9,92 % | 43,52 % | 60,79 % |
| iShares S&P 500 | -0,01 % | 1,64 % | 20,97 % | 62,81 % |
Comments by Maxi_Scalibusa for this prediction
In the thread Chainlink diskutieren
In the thread Trading Chainlink