ChainLink – 3 Days Old Cryptocurrency With $47,589,150 Market Cap – Cryptovibes.com

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Week full of new added coins, but no one’s like ChainLink

According to Coinmarketcap this week market was “filled” with another 15 different cryptocurrencies and ICO’s to follow or to choose your investment and believe that it will “skyrocket” or huge ROI will arrise like was with Bitcoin, Ethereum and etc.

Everything would be normal, but check ChainLink tokens market cap. It is juicy I say, because it was added only three days ago.

Despite quite big price fall it still has huge Market cap. By the way, during second day on the market cap was $72.000.000!

Explained in short

ChainLink is blockchain middleware that allows smart contracts to access key off-chain resources like data feeds, various web APIs, and traditional bank account payments.

By providing smart contracts secure access to these key resources, ChainLink allows them to mimic real world agreements that require external proof of performance and need to make payment in widely available payment methods e.g. bank payments.

Smart Contracts are unable to communicate with external resources on their own, so this problem is solved through the use of a blockchain middleware called an “oracle”, which is the role ChainLink plays in the smart contract ecosystem.

$32.000.000 worth ChainLink tokens was sold in a blink of an eye

It was planned to start crowdsale on 19th of September 2017th and finish crowdsale on October 19th. However, it was sold in two days. Is it a sign to follow this ICO carefully? You decide.