Chainlink $LINK is an index bet on the adoption of blockchains as a technology While individual blockchain ecosystems fiercely compete amongst each other to become the dominant transactional database layer, Chainlink wins regardless of which chains are used We have seen time and time again that a Chainlink deployment is a prerequisite to creating a successful onchain ecosystem (e.g., no Chainlink deployment, no Aave deployment) Furthermore, every new chain introduced to the market is all the more justification for why organizations need Chainlink as their orchestration layer to manage the complexity Every new chain also creates another opportunity to monetize the deployment of Chainlink services via the Scale program Chainlink is a global orchestration layer that sits above and across all blockchains and external systems, maximizing network effects It is the only all-in-one platform that offers - Onchain data delivery - Cross-chain interoperability - Privacy-preserving computation - Automated compliance - Legacy system connectivity - Business workflow orchestration - Much more Regardless of which blockchain, smart contract application, or digital asset gain traction, they need Chainlink to become successful This is why Chainlink secures $77B in DeFi, powers 70% of the DeFi economy (80% of Ethereum DeFi), and is increasingly being adopted by the largest financial institutions in the world (Swift, DTCC, JP Morgan, Mastercard, UBS, SBI, ANZ, etc) Chainlink makes blockchains useful at scale