Altcoin Report - September 2020 #1

Chainlink for dApps

September 05, 2020

Note: this report is accurate as of its publication but some details will change over time. Please check the posted date above.

When I first heard about Chainlink in early 2019, everybody said it wouldn’t work. Its tech sucked, the token wasn’t necessary, and it was unclear how it would benefit anybody.

Today, 26x gains later, it’s the lynchpin of DeFi and a YouTube mainstay.

Which is why this month’s report will recommend a project that takes a similar approach to a different problem.

As with Chainlink, it fills a big, crypto-specific need with an approach that will create a massive, positive feedback loop if it’s successful. Its market cap is about 300x smaller than Chainlink’s and its team has the backing of Binance Launchpad and SOSV’s Chinaccelerator.

What is that project?

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