Project Name: WINkLink
Project Ticker: WIN
Website: winklink.org
Twitter Account: twitter.com/WinkLink_Oracle
Whitepaper: doc.winklink.org/winklink_whitepaper_en.pdf
What Is WINkLink (WIN)?
WINKLink is a decentralized oracle platform running on the Tron (TRX) network. It is the first comprehensive oracle platform of the Tron network. Oracles are third-party services that externally verify information. The goal of the project is to reliably manage smart contract processes and ensure the flow of the information from the outside. In this way, the project aims to convert real-world contracts into smart contracts.
What Does WINkLink Offer?
The WINkLink interface on the blockchain pairs the smart contract WINkLink-SC with other contracts. Thanks to these pairings, the platform can transfer any real-world data to the blockchain network. The platform's native utility token, WIN, is used for transactions on the network.
Node Incentives: Nodes that provide reliable data on the network are rewarded with WIN Tokens. Platform Payments: Developers on the network pay WIN Tokens in exchange for reliable data from the nodes. WINkLink was developed on the Tron network and later began to work on other networks. Moreover, the oracle system allows developers to create custom oracles using real-world data such as sports and weather data and connect smart contracts to the real world.
WINkLink’s smart contracts run faster, more stable, and securely. They can easily access data, providing better services to developers and users while building a reliable data ecosystem across a variety of industries. Users can join the WINkLink ecosystem by deploying their smart contracts or integrating price feed for various use cases including financial derivatives, lending and asset management.
WINkLink’s Technology
WIN is a TRC-20 token operating on the Tron network. WIN is the native token of the WINLink system and is used for rewarding nodes that provide reliable data and to receive payments from developers who use the data.
WINKLink is a decentralized oracle network that aims to bring Blockchain Technology and the real world together. The project aims to ensure reliable data flow to run smart contracts. WINKLink Oracle draws users into its ecosystem by allowing developers to connect to any real-world data and connect smart contracts to real-world data streams.
Users participate in the WINKLink ecosystem by deploying WINKLink smart contracts, running a node on the network, and integrating WINKLink’s price feed into DApp development. WINKLink can be used to provide reliable pricing data for DeFi platforms. The WINKLink network has a built-in price prediction system, and token swaps and credit collateralization processes are carried out to provide prices for decentralized financial applications.
WINkLink’s Digital Asset Economy
WIN, the native token of the WINkLink platform, has a maximum supply of 999,000,000 and a total supply of 994,169,859. As of 2022, approximately 961 million WINS are in circulation. (January 25, 2022)
The supply of WIN Token is as follows:
- 3.75% of the total supply is allocated to reserves,
- 5% of the total supply is allocated to Launchpad,
- 7% of the total supply is allocated to the development of the platform,
- 9% of the total supply is allocated to gaming partnerships,
- 6.25% of the total supply is allocated to strategic partnerships,
- 5% of the total supply is allocated to Airdrops.
The WINkLink Team & Company
The WINkLink platform was launched in April 2019 on Binance Launchpool. The project team consists of 9 individuals. Product Manager N Yang worked for ten years at Tencent, Weibo, and Qunar. COO Aiden Luo served as an experienced Community Operator at JoyCrafter, and Gameloft. Head of Technical Department Jacky Li has experience at Baidu designing high concurrency architecture, big data processing, and anti-cheat methods for transaction systems.
Evaluation of WINKLink
Operating on the Tron network, WINkLink helps applications run efficiently thanks to the reliable price data it provides for DApps. Moreover, users can benefit from the fast transaction structure of the Tron network. WINkLink, which raised approximately $10M in the fundraising round launched on Binance Launchpool in April 2019, stands out among the oracle projects.