Is LINK a good investment asset?

The short answer is “Yes”

Rising institutional interest in cryptos is now a well-known fact. Institutional money is currently focussed on bitcoin and ether, but in time will look for more opportunities. There could be attractive upside in those cryptos that institutions are not looking at yet, but will soon.

Most altcoins though don’t inspire much confidence. Many reek of “pump and dump”. A deep investigation is therefore required to differentiate between the good and the ugly.

LINK is one crypto that does inspire confidence. It is the native token of Chainlink- It (1) solves a real problem, (2) is likely to see years of demand growth, (3) has clients in both the crypto world and traditional finance, and (4) has a committed team of Link Marines behind it.

(Please note that this is not financial advice. These are my personal thoughts that led me to buy LINK)

Investment Thesis Summary — The launch of Ethereum 2.0 is likely to make the network more efficient, more scalable, and more secure => This will mean more dApps => More dApps will mean more smart contracts => More smart contracts will mean more demand for off-chain data => More demand for off-chain data will mean more demand for quality oracles.
=> And Chainlink is the most credible decentralized oracle network out there.