$LINK Recommending a few cryptocurrencies that Awen personally holds and is optimistic about for the long term to the brothers. Holding these coins is profitable. In this episode, we will first discuss LINK.
LINK's most outstanding features are three points:
1. The blockchain itself cannot directly access real-world data. LINK can 'translate' this real data into a format recognizable by the blockchain, allowing projects like DeFi and NFTs to function properly — for example, if you are playing a weather prediction game on the chain, you need LINK to upload real-time weather data for it to be valid.
2. It does not rely on a single institution to transmit data but collaborates with many reliable 'data service providers' globally. Even if one provider encounters issues, others can continue to transmit data, preventing the entire chain from breaking.
3. Whether it is loans or insurance on the blockchain, or prediction markets and supply chain traceability, as long as 'real-world data' is needed, LINK can generally be used. For example, for insurance claims on the chain, to confirm whether an earthquake has occurred in a specific area, LINK transmits the earthquake monitoring data, automatically triggering the claim process without manual review. This has allowed many blockchain projects to evolve from 'just concepts' to 'truly operational', and this alone has laid the foundation for LINK's leading position.
Strong recovery, doubling assets! Follow Awen closely, lay out in advance, and easily reap substantial profits.
Continuously pay attention: API3 UMA
