/biz/ - Business & Finance

>>15081566
Constellations outcome is binary. Most likely they don't have enough money to make it profitable and their business idea is false anyway, putting sensitive data public for all competitors to use and exploit. Who will pay for that? Secondly, if they don't go bankrupt and dag goes to zero, the old CEO will be there and sue the hell out of them. Either he will then take the technology and start his own company, leaving dag worth zero, or constellation will not have enough money to pay the legal fees and will go bankrupt, meaning old CEO, new CEO and team, or competitors can buy the technology for next to nothing and start up a new firm, leaving dag investors with zero. As long as nobody knows what happened with old CEO and this is rabidly hidden by the constellation team the legal risk involved in this project is insane and there is a good reason for the team to avoid any questions regarding what really happened. Clearly they are hiding fervently some key elements from their gullible investors. That is nearly always a sure sign of a future disaster for the investors. If not, they would have come clean a long time ago. Having the worst ass-kisser in crypto as admin, is also a sure sign of a very unhealthy environment that is more focused on hiding unpleasant truths and crazy legal/fiscal bombs that actually driving the project forwards. In this project you can easily loose all your money. There are better projects out there with insanely better risk/reward ratio. Here you have both smoke and fire.

Something is serious wrong with this project. The CEO looks like a total scammer. Their TG admin sounds high all the time and does nothing but ass-kissing the CEO 24/7. They started out as the perfect crypto currency, with zero fees, instant etc but now suddenly operates with data? Mainnet keeps on being postphoned and no real data regarding the mainnet is ever given. Total tps, how they solve the different technical problems etc. Their former CEO abruptly quit with no information given by the team and mass banning of everyone asking basic questions. One of their hired people in Russia is a tranny LGBT activist that gets paid for homo advocacy in Russia and nothing more. Former CEO claims that he ditched all his dags because of taxes? Who in their right mind believes that bullshit? What is the market for placing business sensitive data on public decentralized networks? Who will do that, giving their competitors access to all the data and so much less cost effective than a centralized solution? I see no real business substance here. What prevents this project from going to zero? Hyped idiot crypto headroom was the first bad sign and I looked more into it, didn't like what I found. Reading his posts alone is enough to stay the hell away from the project.