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How Partnerships Paved the Way for Chainlink's 625% YTD Return

Aug 12, 2020 ⋅  4 min read

Chainlink is writing the go-to-market playbook for the oracle sector. Its strategy: build a massive pipeline of future integrations (and market them hard). This approach has already paid off immensely. Chainlink announced 112 new partnerships in 2020, with LINK up 628% over that same period. Several other oracle projects like Band Protocol have benefited from this same strategy. While Chainlink has a massive market lead, can competitors win market share by taking a page out of its playbook?

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Wilson Withiam was a Senior Research Analyst at Messari. Previously, he worked at Circle Research where he conducted research on cryptoassets. He graduated with a B.Sc. in Kinesiology and Exercise Science before studying computer science and economics at UConn.

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About the author

Wilson Withiam was a Senior Research Analyst at Messari. Previously, he worked at Circle Research where he conducted research on cryptoassets. He graduated with a B.Sc. in Kinesiology and Exercise Science before studying computer science and economics at UConn.

Mentioned in this report