Chainlink (LINK) ventures into the NFT market. Everything you need to know
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Chainlink (LINK) has established itself as a major player in the decentralized finance (DeFi) sphere in the cryptocurrency market. In fact, the decentralized oracle has partnered with major blockchain players and, in late 2022, provided its token holders with the ability to earn passive income through staking. Apparently, there is a high likelihood that Chainlink will cross the borders of DeFi in 2023, venturing into the non-fungible token (NFT) market. Recall that Chainlink is a decentralized blockchain oracle network built on Ethereum, used to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts. Why is the
Chainlink, a leading decentralized oracle network and issuer of $LINK, has announced significant adoption growth. Recently, various Chainlink services have been integrated by 10 different platforms. These integrations span across a variety of chains, demonstrating the versatility and utility of Chainlink’s offerings in the blockchain space. ⬡ Chainlink Adoption Update…