Chainlink Labs

Chainlink Labs is a leading provider of secure and reliable Web3 services that enable trillions of dollars in transactions across various industries. Their services enhance smart contracts by connecting them to real-world data sources and off-chain computation, providing a universal gateway to all blockchains for global enterprises. They are dedicated to developing and integrating Chainlink as the industry-standard Web3 services platform, empowering the broader Chainlink community and connecting the world to blockchains.

How to reduce the cost of a Chainlink Labs subscription

 i – Tricks are what we like to call direct ways to reduce your subscription costs.

• We haven’t found any current tricks to reduce your subscription  

Additional reduction ways to try to reduce subscription costs:

Optimize User Licenses 

Audit user licenses and remove inactive users. Consider permission sets to grant specific functionalities instead of assigning full licenses for basic needs.

Data Storage Management

Archive old data. Utilize data validation rules to prevent unnecessary data entry that consumes storage

Process Automation: Utilize workflow and approval processes to automate manual tasks, reducing the need for additional licenses.

How to implement a Workaround to reduce subscription for Chainlink Labs

 i – A workaround is using another tool to reduce your subscription.

• We haven’t found any current workarounds to reduce your subscription  

Additional workarounds to try to reduce subscription costs:

Integrations with Free/Freemium Tools

Explore free or freemium tools like Zapier to automate tasks that might require additional licenses (e.g., basic data cleansing). Consider integrating with freemium tools like Slack for internal team usage

How to reduce Chainlink Labs via bundling

 i – Use one tool to get a discount on another tool.

• We haven’t found any current bundles to reduce your subscription

Additional bundling options to try to reduce subscription costs:

Pairing/Bundling for Discounts

Partner Programs: Check if your company qualifies for partner discounts through partnerships with other software providers (e.g., some cloud storage services offer discounts with Salesforce).

Negotiate with Support. Customer support details of Chainlink Labs

 i – Speak with the Chainlink Labs support team and ask for a discount.

Chainlink Labs’s support email – [email protected]

Discuss Usage Patterns: Contact support and discuss your current usage patterns. They might offer discounts based on your specific needs and historical data.

Negotiate Renewal Rates: Before your subscription renews, negotiate renewal rates with support. Loyalty and commitment to the platform can sometimes lead to better pricing.

Use this for help: Customer support list or google

How to switch to subscription type for Chainlink Labs

 i – Switching to a longer-term contract or changing subscription type is a good way to save.

• We haven’t found any current subscription types to reduce your subscription

Annual Subscriptions

Switching to annual subscriptions often comes with a discount compared to monthly billing.

Reduce Inactive Users

Regularly review user activity and remove inactive user licenses to free up costs.

Switch to Alternative for Chainlink Labs

 i – Here is a list of similar products that are similar you can switch to for savings.

1. Band Protocol: Band Protocol is a decentralized data oracle platform connecting real-world data and APIs to smart contracts. It aims to provide reliable and tamper-proof data for decentralized applications. Website: Band Protocol
2. Tellor: Tellor is a decentralized oracle network enabling smart contracts to access off-chain data. It utilizes a network of decentralized miners to fetch and verify data, ensuring accuracy and security. Website: Tellor
3. API3: API3 is a decentralized API network bridging the gap between traditional APIs and blockchain smart contracts. It provides secure and decentralized access to real-world data, enabling developers to build reliable and trustless applications. Website: API3

Open-Source Solutions: Depending on your needs, explore open-source solutions that might offer similar functionalities at a lower cost. When searching try “Opensource for x” to find applicable tools.