Chainlink is a tokenized oracle community that gives worth and occasions knowledge collected from on-chain and real-world sources. Launched in 2017 by Sergey Nazarov, Chainlink goals to supply an answer to the “oracle drawback,” or the flexibility to get the off-chain knowledge wanted to function many blockchain-based sensible contracts. The token incentivizes individuals to supply and use this knowledge. Chainlink doesn’t function its personal blockchain. As an alternative, the token protocol is blockchain agnostic and may run on many various blockchains concurrently.