Posts
avatar

I think a lot of people misunderstood what Sergey said about the $LINK token during his keynote at LINK:NYC. ​This post from @ChainLinkGod and rewatching the keynote a few times really help clarify his message. ​Sergey stated: "Chainlink is not focused on driving enterprise value or increasing equity. It's about increasing the adoption and usefulness of the Chainlink network as an impartial global infrastructure, and the $LINK token plays a critical role in that." ​Many interpreted this as Chainlink prioritizing adoption over driving value to the token. But that’s not what he said. ​He explained that the $LINK token is critical to the network, and as network usage scales, the utility and importance of $LINK will scale with it. ​The token was never meant to represent equity in Chainlink Labs. It’s a commodity with a crucial role in the ecosystem. ​He even reinforced this by saying: "You will see more and more cases where TradFi users acquire the token to use the system properly." ➡️This directly implies that the network is specifically designed around the utility of the $LINK token. ​Chainlink spent years building a secure, reliable network. Now, they are shifting focus toward building end-to-end solutions to drive revenue and expand the network, a growth that goes hand-in-hand with increased $LINK usage.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment