Hello my fellow Steemians, today i came across a a Fully Decentralized Blockchain MIDDLEWARE platform that Connects Smart Contracts to your Apps & Data.
What does it do?
allow you to Connect to Any Existing API
Let's you Easily connect smart contracts on various networks to your existing application and critical external data
allows you to Send Widely Used Payments
Let's you Send Payments from your smart contract to existing bank accounts and over widely used payment networks
allows you to Connect With Other Chains
Let's you Create secure cross-chain connectivity between your main smart contract and any other public or private chain
They're Solving the Connectivity Problem, a Key Limiting Factor for Smart Contract Adoption
As developers begin to implement their chosen smart contract, they encounter the connectivity problem; their smart contract is unable to connect with key external resources like off-chain data and APIs. This lack of external connectivity is due to the method by which consensus is reached around a blockchain's transaction data, and will therefore be a problem for every smart contract network.
ChainLink Connects Smart Contracts to Any/All External Systems & APIs
ChainLink is secure blockchain middleware that allows smart contracts on various networks to connect with the critical resources they need to become useful for 90% of use cases. They've been creating secure oracles for Bitcoin and Ethereum for over 3 years, connecting smart contracts on various networks to critical external data feeds as triggers, and the many off-chain systems the need to become operational.
Their team is excited about making a world where smart contracts are securely connected to the off-chain data, APIs and widely accepted payments they need to work for 90% of real use cases.
Every Data Provider, Bank and API can now Sell its Core Services to a Smart Contract
The LINK Network is the first decentralized oracle network; allowing anyone to securely provide smart contracts with access to key external data, off-chain payments and any other API capabilities. Anyone who has a data feed, useful off-chain service such as local payments, or any other API, can now provide them directly to smart contracts in exchange for LINK tokens.
Becoming a ChainLink Node Operator is an easy way to monetize your experience with a specific API as a developer. It's also a great way for data providers, payments providers and various online service providers e.g. e-signature to sell their API based services directly to a smart contract.
If you'd like to operate a ChainLink Node to offer your services for direct purchase by a smart contract, they're excited to help get you setup. By creating a decentralized infrastructure for smart contracts to access critical off-chain resources, there is now a scaleable, secure and auditable way to add data, off-chain payments and APIs into a smart contract.
Their Users and Industry Recognition
Token Sale Terms
The Crowdsale is Capped at 168,000 ETH ($33,000,000)
Total Token Supply of 1,000,000,000 LINK to be distributed:
35% goes to Node Operator Fund to Incentivize Ecosystem
35% will be sold in the Public Token Sale
30% will go to the Company for Continued Development
Ethereum ERC20 Token, directly purchasable with ETH
Token Sale Timeline
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