LINK

LINK

LN
$28.27%-3.53

Key Metrics

Price$28.27
Real Volume (24H)$3,173,010.94
Marketcap$212,735,739.73
Fully Diluted ValuationN/A
ATH$345.88
ATH Date4/2/2021, 1:19:00 AM
ATL$1.055
ATL Date12/26/2018, 3:00:00 AM
Circulating Supply6.7M
Total Supply6.7M
WebsiteN/A
WhitepaperN/A
Popularity Rank231
Chart
What is LINK?

LINK (LN) is a network built on the LINE blockchain ecosystem that aims to empower users to build blockchain services and grow their businesses. The LINE blockchain ecosystem is centered around LINK, where anyone can use LINE's services in a comfortable and secure manner. The protocol represents the connection and collaboration between different parties and the alliance that they develop.

The LINK platform aims to address the challenges faced by the current cryptocurrency ecosystem. The LINE blockchain seeks to solve problems such as Investors Before Users, User Experience (UX) Problems, and Unbalanced Token Economies.

LINK is the all-purpose base coin of the LINE blockchain. The network aims to integrate into LINE services that users worldwide can access and use in their daily lives. Users who use reward DApps receive rewards based on their contributions according to the reward policy of each DApp. LN token holders can benefit in many ways such as exercising power within the service or obtaining benefits. However, the LINE Blockchain Network does not allocate LINK for financing; instead, the Reward DApps aim to give LINK to active users as a reward for contributing to the ecosystem.

The Reward DApps are a collection of DApps that are responsible for creating the LINE Blockchain ecosystem by providing functions within the service that use LN token and assigning the token required for user rewards from the LINK Secretariat. The Reward DApps promote the LINE token economy by delivering LINK to ecosystem users as a reward and by creating the LINK market. The LINK Secretariat is responsible for the overall sampling of Reward DApps during the starting period of the ecosystem.

The platform also offers a feature called "Smart Contract Templates" which allows developers to easily create and deploy smart contracts without having to write the code from scratch. This feature is designed to reduce the barriers to entry for new developers, making it easier for them to start building on the LINE blockchain.

Another feature of the LINE blockchain is the "Decentralized ID (DID)" system, which allows users to create and manage their own digital identities on the blockchain. This system is designed to be more secure and private than traditional centralized identity systems, and it also allows for more flexibility in the types of information that can be stored.

In terms of governance, the LINE blockchain is governed by a decentralized autonomous organization (DAO) called the "LINK DAO". This organization is responsible for making decisions about the direction and development of the network. Members of the DAO can propose and vote on proposals, and the outcome of these votes will determine the direction of the network.

Overall, the LINE blockchain and the LINK network aim to provide a more user-friendly and decentralized alternative to the current cryptocurrency ecosystem. The network's focus on user experience and token economy is designed to make it more accessible to a wider range of users and developers, and its governance structure is designed to ensure that the network remains decentralized and controlled by its users.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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