the $640 trillion derivatives market (or vast majority of it) will be switched onto smart contracts. all trading and settlements will happen automatically and transparently, rendering traditional institutions obsolete. in order for this to happen, however, the key problem to be solved is connecting smart contracts to underlying real-world events in a decentralized fashion (the infamous "oracle problem"). if Chainlink solves this problem, not only will it enable the transparent and frictionless settlement of derivatives, but by doing so, value accrual will happen parimarily at the data-feed layer: within the LINK tokens used as collateral and payments by the decentralized network of oracle nodes. let me repeat: this is a $640 trillion addressable market. LINK tokens are necessary for the proper functioning of the oracle network, and by economic design they NEED to have commensurate value with the size of derivatives they will be used to secure.

most people fail to understand the scope of what Chainlink is trying to do. they see the current market cap and think this is high - but it's peanuts. especially after staking is implemented, most of the supply will NEED to be locked up in order to meet the demand of the high dollar contracts. Supply will dry up eventually - and at that point the price pump will make the current $16 price look like pennies.

(http://www.autoadmit.com/thread.php?thread_id=4602731&forum_id=2#40747379)

But Chainlink is a wildly overrated, so that analysis is easier.

(http://www.autoadmit.com/thread.php?thread_id=4602731&forum_id=2#40747484)