Grayscale plans to include LINK in its catalog - Why is LINK a good bet?

Recently there have been rumors about Grayscale's plans to expand their Altcoin Trust portfolio, and while this is not yet fully confirmed it is very interesting to know which coins they are keeping their eye on. According to a Grayscale fund list that can be viewed on the Grayscale website Delaware Corporation Filing (Official Grayscale Provider) we can see BAT, MANA, LPT, XTZ and LINK as new possible candidates for grayscale trust. And although the tokens: Basic Atention Tolen (BAT), Decentraland (MANA), Livepeer (LPT) and the Tezos (XTZ) are good options with amazing features, I would like to focus on LINK and its blockchain as it is a jewel of great value due to its real-world applications and features.

Why LINK is a great bet?

Chainlink is the future of the economy, it is a very important and interesting project because it is a decentralized oracle that makes a connection between the real world and the blockchain. And that runs with the help of the Ethereum network and an ERC-20 token that allows to create a self-sustaining, secure and decentralized structure. Its creators Steve Ellis, Ari Juels and Sergey Nazarov started this project in 2014 with the idea of creating decentralized infrastructures that could create bridges between real-world events and public blockchain.

According to the characteristics of the official website of chainlink podemos encontrar:

Reliable, tamper-proof network
Use decentralization, trusted nodes, premium data, and cryptographic proofs to connect highly accurate and available data/APIs to any smart contract.

Seamless connection to any API
Build on a flexible framework that can retrieve data from any API, connect with your existing systems, and integrate with any blockchain, now and in the future.

Proven, time-tested solutions
Integrate battle-hardened and time-tested oracle solutions that secure billions of dollars in value for market-leading blockchain projects.

Transparent oracle computation
Independently monitor and verify Chainlink’s open-source code, the performance of its oracle networks, and the quality of individual node operators.

And if we talk about the LINK token we can see the great performance it has had, because if you look at the market capitalization and the graphs at Coinmarketcap You will see that it is having a solid and superior growth versus bitcoin and is also reaching a historic ATH, with a market volume that is close to $5 billion and a market capitalization that is also fast approaching $10 billion.

Although it is still mere speculation based on a list and the LINK trust (GLINK) news is not fully confirmed, adding LINK to grayscale's catalog would be an excellent bet as this ethereum based project has repeatedly achieved a position as one of the top 10 cryptocurrencies in the market and currently has a market capitalization of over $9 billion and is on the verge of reaching $10 billion. Also the multiple applications of Chainlink in the real economy are amazing, but what do you think, would it be an excellent investment for grayscale to introduce LINK to its portfolio? let me know in the comments.

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