It’s just to say that Chainlink (LINK) has been a driving narrative in the cryptocurrency market over new months. The Ethereum-based asset’s value performance alone has been impressive: per data from CryptoSlate, LINK has gained 74.34 percent in the past month alone & about 600% from the March capitulation lows.
Behind this upsurge is an influx of positive fundamentals concerning Chainlink’s core technology, decentralized oracles, which have been adopted by prominent players within & outside of the blockchain space in new months. CryptoSlate was lucky enough to lately chat with Kris Humphries, a former NBA player for Utah Jazz, Toronto Raptors, Dallas Mavericks, & other teams, about his opinions on what’s next for Chainlink.
This interview emanated after he tweeted that LINK’s new value performance has been “impressive” & that he thinks Chainlink should be thought of as a long-term play or investment.
What drew Kris Humphries to Chainlink?
Humphries stated CryptoSlate that what drove him to advocate for & invest in Chainlink was a combination of two crucial factors: The importance of having access to, using, & analyzing data, which he revealed through his time in the NBA:
“Over the course of my time in the NBA, I witnessed the increasing role that data played in developing plays and overall team strategy. Anyone who follows the NBA has witnessed the evolution toward increased threes & attacking the net. This perspective helped me understand the value of data & shaped the types of projects I like in the blockchain space, including Chainlink.“
Chainlink’s commitment to focus & hard-work:
“Coming into the NBA, I told myself I would outwork everyone; then I met Dirk Nowitzki. He shifted my understanding of what it meant to grind & also the payoffs for doing so, especially when the stakes are high. In the early days of Chainlink, it was a small team of talented individuals who kept their heads down, focusing on the technical components. Even during the 2017-2018 boom-bust, when other projects were making flashy videos & hiring celebrities, I don’ even think Chainlink had a marketing team. That hard work & focus is now paying off.“
Next Level for LINK?
In one amongst tweets about Chainlink, Humphries commented that Chainlink is a “long-term play” despite its tremendously strong price action over short time frames. Recognizing that comment, CryptoSlate asked him about what he sees in the future of Chainlink. In petite, he sees the project as a long-term play due to the significant data is for smart contracts & on-chain applications.
“We will see more use cases emerge from smart contracts, & Chainlink holds a unique position in the market,” he elucidated.
As to what precisely he’s excited to see in the long run is “retail/individual staking,” integration with other blockchains such as Cosmos & Polkadot, more price reference feeds, more partnerships, and overall growth in the decentralized finance space.