Summary
This prediction ended on 24.01.22 with a price of €13.87. The BUY prediction by Gilbert for Chainlink performed very badly with a performance of -48.22%. Gilbert 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 | 3.528% | 3.528% | -52.858% | 102.616% |
| iShares Core DAX® | 0.869% | 3.389% | 22.351% | 71.506% |
| iShares Nasdaq 100 | -0.852% | -2.157% | 5.543% | 107.710% |
| iShares Nikkei 225® | 0.436% | 1.060% | 13.273% | 46.809% |
| iShares S&P 500 | -0.122% | -0.270% | 3.350% | 65.323% |
Comments by Gilbert for this prediction
In the thread Chainlink diskutieren
In the thread Trading Chainlink

