Chainlink is the largest provider of decentralized oracles in the crypto industry. The technology is particularly in demand in the field of decentralized finance. Oracles are also used by large companies that are not related to the blockchain. LINK is a native Chainlink token. It is used mainly to pay for the work of node operators, on the basis of which oracles work.

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Imagine if collectible sneakers could be authenticated, tokenized, and transacted onchain. 

These sneaker dNFTs would automatically track verification of authenticity, past owners, and condition—leading to greater transparency for all.