What you need to know
What makes Chainlink unique?
Chainlink was the first decentralized solution that provided external data to smart contracts on any blockchain. It creates interoperability between web 2.0 (internet) and web 3.0 (blockchain) and thus is a "pick and shovel play" for IoT.
Does it have customer proof?
Created in 2017 and launched on mainnet in May 2019. Chainlink has over 1300 partnerships, collaborations and integrations. Besides most top cryptocurrencies, they are also working with web 2.0 companies like Google, Oracle, T-Systems and SWIFT.
What is the utility of the token?
LINK is used to power the network and pay Chainlink nodes. Smart Contracts use nodes that carry a percentage value of LINK. With more value locked in Smart Contracts, the need for Chainlink nodes increases and the token value will appreciate.