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Nepal
1 Level
453 Review
106 Karma

Review on Chainlink by Syed Adnan

Revainrating 5 out of 5

High position in global market cap.

This is a great point for its high position in the global market cap rankings, though its low price is different.
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With a revolutionary concept bringing the previously unavailable smart contract technology to real-world applications, and the increasing popularity of the technology, it is sure to prove extremely useful in the future. Why investors choose this currency in comparison to other similar services, is a question that investors should study very well with its competitors.

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Pros
  • This is the first cryptocurrency that has tried to limit the inane between smart contracts in the blockchain ecosystem and the real world.
  • Smart contracts were quite inaccessible to businesses that had no intention of adopting most of the included blockchain technology, and that solved this problem.
  • It decentralizes the entire process and is the first cryptocurrency.
Cons
  • Tokens can be attractive for long-term investments and an opportunity, especially because of their low cost, which continues to have a positive impact on the mass market.

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