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WINkLink

WINkLink

WIN is the native token of the WINk oracle platform. The coin is used to carry out internal transactions, such as paying for transactions and rewards. Utility token of TRC-20, the WINk oracle project, built on the TRON blockchain.

WINkLink is Oracle's first end-to-end decentralized service that feeds trusted real-world data to the TRON blockchain. As the first Oracle TRON service, the project aims to capture the emerging decentralized application (dApps) market across the entire TRON ecosystem.

The WINkLink service offers "Reliable, Unpredictable and Verifiable Random Numbers" to help reduce trust and improve user experience in payment systems, decentralized finance (DeFi) and events. This is possible thanks to WINkLink's Verifiable Random Function (VRF).

WINkLink is a decentralized oracle service running on the TRON network. The project allows smart contract-enabled blockchains and decentralized applications (dApps) to carry external data on-chain. The goal of WINkLink is to allow smart contracts to connect to real data with TRON-based smart contracts without compromising decentralization, security or reliability.

The platform has a modular design that allows for easy upgrades and integration. In addition, as a decentralized oracle service, WINkLink eliminates the need for third parties and intermediaries by opting for an unreliable system.

WINkLink is used to access legitimate price data and information for the Defi platforms, since the decentralized financial system must also provide prices for trading in tokens and credit guarantee. WINkLink's built-in pricing oracle system provides stable and reliable pricing information for DeFi building developers.

Asset management platforms can also rebalance their assets by accessing the latest token prices provided by WINkLink, allowing the DEX to easily adjust fund pools.

Blockchain derivatives platforms can provide reliable on-chain valuation by accessing the latest prices provided by WINkLink, which helps them create synthetic assets, futures contracts or options contracts.

What sets WINkLink apart is its reputation system used to record user ratings from Oracle service providers and us.

Any reports generated by the validation system can become a major reputation factor. Other information may include user familiarity with brands, work objects, and oracle architectures.

The reputation system can provide reports obtained using other smart contracts. We are also considering calculating off-chain reputation scores, as a large amount of data may be required for analysis.

Powered by native TRX token, TRON is a “decentralized blockchain platform to support smart contracts and high throughput.” In addition, TRON aims to create a peer-to-peer platform for developers to build and deploy decentralized applications at minimal cost. The WIN token uses its own TRON-20 token template. Very similar to the Ethereum ERC-20 token template, TRC-20 provides a high level of interoperability between decentralized applications in the TRON ecosystem.

WINkLink is the result of the acquisition of justlink.io, a native Oracle TRON service. After rebranding to WINkLink, the project aims to serve as a bridge between various data services and applications in the TRON ecosystem.

Oracles exchange data and verify the real data in the blockchain. Smart contracts create a path to move assets between addresses. Oracles come into play to evaluate whether the terms of the smart contract have been met or not. Often projects use multiple oracles. Oracles collect real data from different places and cryptographically sign the blockchain to ensure validity. Oracle node operators have an incentive to provide accurate data, as they may lose a bet or incur penalties for inaccurate data.

Oracles are an essential component of many applications that run through smart contracts. Oracles need not only decentralized finance (DeFi) protocols, but also a lot of non-financial applications. For example, decentralized weather insurance relies on oracles to provide accurate reports. In the event of a natural disaster or inclement weather, oracles can help farmers if crops are damaged. In addition, supply chain management can benefit from the use of oracles with real-time traffic updates and logistics programs.

WIN Token is a TRON-based TRC-20 utility token used as the main asset for the entire WINkLink crypto ecosystem. Oracle node operators are paid in WIN tokens for extracting data from the chain, converting it to a readable blockchain format, off-chain computing, and uptime guarantees. In addition, the WIN token isdistributed data sources into a single output file, calculating weighted averages and removing anomalous data.

The Binance Research report indicates that the development team consists of 12 people, three of whom have experience in games and management, and four of whom have worked with blockchain technology.

The development team, according to this information, consists of former employees of well-known corporations, including Amazon, Alibaba, Ogilvy, Tencent and Gameloft. Other than names, no other information is given.

There has been speculation that this secrecy is due to the fact that the developers live in China and do not want to draw the attention of local authorities to their gaming platform.

Each WINk user mines tokens by playing their favorite apps on the platform. The more time the user spends playing the game, the more tokens he gets.

There is also a separate feature for token holders called WinDrop that works in a more complex way.

The price of WINkLink is expected to peak at $0.00121 during 2022.

As early as 2023, according to our Cryptocurrency Price Prediction Index, WINkLink (WIN) could reach a high of $0.00205 with an average trading price of $0.00153.

In 2025, according to our cryptocurrency price prediction index, WIN should cross the average price level of $0.00181, the minimum expected price of WINkLink at the end of the current year should be $0.00200. In addition, the maximum WIN price can reach $0.00214.

Having said that, before making any investment, do your research, investing in cryptocurrencies is very risky and speculative, and this article is not the author's recommendation to invest in cryptocurrencies.

The WIN cryptocurrency can be traded on the following exchanges: Binance, OKEx, KuCoin, HitBTC.

As the TRON ecosystem continues to expand, Oracle's WINkLink decentralized service can be widely adopted for a variety of use cases in decentralized finance (DeFi) protocols, security, the Internet of Things (IoT), non-fungible token (NFT) gaming projects and much more. . In addition, as "the first comprehensive oracle of the TRON ecosystem", WINkLink is well positioned to provide reliable data for the rapidly expanding ecosystem of decentralized applications (dApps).

Timeline

Patents

Further Resources

Title
Author
Link
Type
Date

Токен WIN (WinkLink) прошел свое дно и готов к полету!

Web

October 19, 2021

References

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