This chapter discusses the background and inception of Chainlink, highlighting the founders' recognition of the need for a decentralized oracle solution. It explores their early days in crypto, the role of the link token, and the importance of generating utility and user fees. The chapter also delves into the relationship between economic activity on Chainlink and its effect on yields and prices.
Chainlink’s community is anything but weak. Today we brought on two of Chainlink’s most prominent community members, ChainLinkGod, a Chainlink Community Ambassador and FishyCatfish, a miner, investor, and all around crypto enthusiast. The two of them are here to give us the bull case for $LINK.
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------ TIMESTAMPS
0:00 Intro 7:00 What is Chainlink? 8:32 Ultimate Vision of Blockchains 10:19 Why We Need Chainlink 16:15 $LINK Genesis Story 25:41 Role of $LINK 30:12 Chainlink Validating & Value Prop 35:02 Bonds & Yield 39:30 Chainlink Service Fees 44:53 Fee Price Discovery 50:42 Decentralized Computing Marketplace 54:39 Chainlink’s Unique Value 1:02:05 Composabilty & Scope of Fees 1:08:00 $LINK the Capital Asset 1:11:00 Chainlink Yield Hooks 1:12:10 Collateral Equilibrium 1:13:07 Tokenization of RWAs 1:20:24 Numbers to Focus On 1:25:25 David’s Bull Case For Chainlink 1:26:27 Chainlink’s Next 3 Big Bets 1:31:38 Get Further $LINK-pilled 1:33:00 Closing & Disclaimers
------ RESOURCES
Sergey’s Bankless Episode https://youtu.be/AzQnY0CqHOw
ChainlinkLinkGod https://twitter.com/ChainLinkGod
Fishy Catfish https://twitter.com/CatfishFishy
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