/biz/ - Business & Finance

wtf is this shit? another scam?

Bruh, I smoke loud only. Get this Reggie the fuck from round me.

>>13324906
Nice, but nobody is going to buy into your shit project as long as Timo is involved, full stop.

>>13324906
> I honestly don't think this is as bad a deal as people make it out to be
Oh, honestly?
Thanks for the update, Timo

Fuck off Timo. Kill yourself unironically, your name is dead.

>>13324906
They want to make 200k each of link marines pockets. While eth is way down(!).
I'm also fairly sure the terms of this crowdsale is probably illegal in almost every other country.
CLC is a good business idea. What they are doing is an AWFUL money grab based on chainlink euphoria by a bunch of people.
You want money to pay employees? ahaha. Either have revenue, business models, ask for a loan or go to a vc. Don't make a scammy illegal crowdsale you fucking kikes.

>>13324951
> its a good business, but definitely dont buy equity in it!

the fud is going to be out of this world for the next two months. you can all get fucked, though. i missed out on linkpool im not going to miss outon this

Good idea, bad execution. Their main issue is how bloated the team is. Fix that and you'll fix the rest.

>>13324935
>>13324938
>>13324944
>Imagine having your feelings this hurt

>>13324928
dem dat dere right dere bruh lmbo

>>13324951
>>13324959
>CLC is a good business idea. What they are doing is an AWFUL money grab based on chainlink euphoria by a bunch of people.
You want money to pay employees? ahaha. Either have revenue, business models, ask for a loan or go to a vc. Don't make a scammy illegal crowdsale you fucking kikes.

Where have I heard this before? hmmm...

>>13324994
perhaps from a middlewear project currently paying dividends and enjoying a 20x in their token

bump

>>13324951
This, but even worse they are ruining their reputation in the community. Having worked with something Chainlink related gets you a job at any company in 5-10 years time. Except if what you did was a childish scam. Just buy Chainlink

You would have to be an absolute brainlet to invest in this.

>>13325074
I don't know man. Maybe you should really read up on what it will actually take to make money with your node. It's _really_ not set-and-forget territory. I feel like these guys can be valuable in providing data access for nodes, so I'll be throwing in a couple of eth. I think the real brainlets are the marines who think running a node will be like running an ASIC.

>>13325198
Their business idea is good. A token sale is a shitty cash grab

>>13325216
If their business idea is good, then owning part of the business through tokens is a bad idea? Nice

>>13325216
This.
Not everything needs a token.

>>13325234
>>13325216
>>13325074
>>13325198

The problem is not that they need up-front funding, that makes sense. The thing is that they do it via a token that has no other purpose than to represent equity. Why did they choose Estonia? Because Estonia doesn't respect crypto tokens as shares in a company, that means clcg doesn't have to respect token holders as shareholders. It's the perfect setup for a legal exit scam. Even if they mean well, if they fail or forsee failure they will always be able to just exit with the money. The token means nothing, this pre-sale means nothing in the legal context, they're free to do anything with this money as it's just random transactions done by free will.

>>13325216
>>13325234
Why don't you just, you know, read the stuff they put out? You won't need the token to use the service. It's a placeholder for the security token they will create in the STO, which is going to give you an ownership share of the project and it's profits. It's like a LinkPool Share, but they're jumping through the hurdles to make it compliant, which I'd assume takes time and money.

I mean did you look into this at all before you start spewing this shit? The information is out there if you just move your fat fingers on your keyboard, find it and read it.

What in the actual fuck was the motivation for that fat fuck Timo to publicly announce he dumped 90% of his stack? I don't believe him for a second.

>>13325294
stuttering potheads without the stuttering or the pot. woefully unprepared, compounded by misunderstandings and lack of transparency, plus the idiot who's waiting until thirty cents to buy back in.

>>13324906
>>13324976
>>13324994
>>13325198
>>13325295
Stop posing as anon you clc faggot. Sergey doesn't take the time to shill his shit on here, his work speaks for.

>>13325295
When Linkpool decided to distribute unsold tokens to investors, it led to a shit-stream of FUD because the investors had incentive to fud. Now it's a 20x, and they cackle as they slowly sell their tokens on the dex.

Gonna be the same story for CLC. Their token is going to get a crazy multiple, and everyone fudding knows it. Dont trust anyone who sounds like they're fudding for a reason -- they're trying to get more equity for less money

>>13325216
why is it a good idea when I can just go to rapidapi and get the exact same thing but with thousands of api? Theyre already beaten out of the gate

>>13325436
mainnet launch is going to be a bloodbath if/when people try this. so many tos violations

>>13325477
fuck off shill
if you can support it then so does the leading provider of an api marketplace
point me to the part of rapid apis tos which says you cannot send our data to the blockchain
ill wait

>>13325436
Deliver 20 high quality paid subscription APIs through RapidAPI = up front fees and running monthly expenses to the degree of $2000 until someone actually creates a contract for that data- At this point your monthly losses might be cut to $500. This will make you bleed from your eyes and ears and you will run through your retirement money before you hear a single normie utter the word "smart contract".

vs.

Deliver 50 high quality paid APIs through Honeycomb = $0 up front fees and you make money with every delivered query.

Huh buddy, gonna have to think this one through real carefully now...

>>13324935
I sent em kyc and won’t buy

>>13325569
have you fucking bafoons ever bothered to actually look at this in detail rather than trying to scare everyone?

MOST RAPIDAPI APIS HAVE FREE PLANS THAT LET YOU HAVE 100 REQUESTS A DAY FOR FREE AND REQUESTS AFTER THAT MOSTLY CHARGE $0.0002 PER CALL

fuck off and stop fear mongering

>>13324959
>Imagine missing out on Confido

>>13325509
RapidAPI doesn't own the APIs you mongrel. They don't decide. I was expecting to at least hear some legit fud but I guess I'll just have take solace in the fact that you dimwits will get absolutely slaughtered when staking goes live.

>>13325216
They're business idea is weak and unoriginal and imo undeserving of our funds. Raise link exclusively and lock in it escrow until $10+ or get shit on by the community

>>13325607
hahahah oh my god
> presents real argument that the market leader is doing the same thing but better
> was expecting to hear some legit fud
fuck off timo
at this point I get the sense you just want anyone to reply your posts to keep them at the top of biz
if anyone puts money into this you deserve to loose it

>>13325607
>tfw i found rapid api two years ago never told anyone about it until i posted it in a shill discord that supposed to be private. Now i see it being posted daily

>>13325647
>>13325609
I thought that people had a thought-out reason to bring this weak FUD to the table. I think I'm starting to realize that it's actually just dumbasses.

>>13325698
t. timo cuckings

I just asked for more information.
These dudes changed their tune real quick.

We are early adopters, we already won. Just play safe and hold tight.
There can be infinitely more companies like Linkpool & CLC which build on top of Chainlink, and there's many more to come. Why would you give up your future stake in the Chainlink network to make a risky bet in a company that could be easily surpassed and replaced?

Remember, LINK is one and only, these companies are not.

>>13325851
Isn't this literal pasta from the LP crowdsale days? I remember the fud being pretty similar too. Those tokens doubled my Link stack and I still have a decent staking spot with what I hold, so didn't turn out too shabby.

Why not just buy some link why buy pool or CLC? Fuck them.

>>13325891
Cuz some people are so stupid they get introduced to a revolutionary techno y that disintermediates trusted third parties and middlemen and their greed tells them to invest in an old school company run by a bunch of Finn cucks who dump on the community.

>>13325891
>>13325933
> I'd rather make a gamble on a root asset rather than a derivative
There's a legit good conversation to be had about this choice. I'm afraid it's unlikely that we'll have it.

>>13325949
Show me a derivative company built off decentralized platforms like openlaw, accord, kaleido ffs even chainlink itself then we can talk about raising funds. Cuckmo is doing a shit R&D job is what I'm saying

>they bent the knee
To what? An erc shit token with no product.

Fucking retards.

>>13325949
Thanks just bought 100k CLC token

>>13325295
t. clc fag

Honestly how many of you actually even read their whitepaper? Or even the latest medium post? It unironically sounds like 90% of the fudders are just parroting their poo poo pee pee non-sequitors

>>13326509
I already brought this up with >>13325295

Just the way the $24MM market cap fud was taken as gospel by these illiterates tells you that facts don't matter and they haven't read a single word from the team itself.

How do you invest in this?

>>13327354
1. Get a lobotomy
2. Drink a gallon of drain cleaner
3. Give these scammers your money.

>>13324906
No one that call themselves a marine should by into this shit. Dubs or more confirms

>>13327354
clcg.io/tokensale

>>13327475
>no true scotsman

They're still valuing their shit stain 'venture' at over $6mil

>>13324906
>However apparently
>apparently
Motherfucker, what's this "apparently" shit? You're obviously one of them. The pathetic biz shilling of this rubbish is the biggest red flag imaginable. I don't remember a single linkpoo thread with this desperation

>>13328031
They're asking for money.
People told them where to stick it.
Now they're pretending that they fixed the problem.

This shows that they had no idea what the problem even was.
Fucking retards.

>>13328091
The update is even more discouraging, if anything. They're pretending like the issue was the value prop for some reason. It's impossible that this was an honest mistake, I have not seen a single post claiming that api aggregation isn't useful. None of the actual problems were addressed.

>>13328031
But I'm not anon. I've read the whitepaper though. Have you? I wasn't even going to invest until the until they changed the distribution. However you just can't fucking argue that Honeycomb isn't going to be absolutely vital for neet nodes and thus the decentralization of the whole Chainlink network.

>>13328138
Haha you fucking idiot thanks for proving my point.
>>13328114
>They're pretending like the issue was the value prop
Cuked and shillpilled

>>13328114
I love this salty pretzel

> it's a great business model
> but the STO is a scam!

We've seen this before. The same people who bought Linkpool shares are now laughing their way to the bank.

Some of the FUDders are just bitter and don't want to see the project succeed in spite of how good it will be for the network, but make no mistake, some of the people FUDding are just jerks trying to convince you not to invest so they end up with more equity.

>>13328152
Put your money where your mouth is and provide the transaction ID.

That's what I thought. You're sucking dick for free.

>>13327354
stop shilling you mong

>>13328152
It's not a great business model I never fucking said that. It's a decent idea, with speculative revenues in a market that doesn't exist yet, delivered by a bloated team of questionable competency. And there is no reason for it to be an erc20 token other than dodging regulation and accountability. A business model is more than just an idea you obvious shill.

>>13328166
You do realize that if they don't fill the 2000eth cap, nobody gets tokens? 2000eth is the sweet spot. Then we fud.

>>13328235
Thanks just bought 100k

>>13328235
I don't think they're going to have a problem with that

>>13328205
> their team is large
> there's no reason to be an erc20 other than to follow the law
> trying to make reasons why someone should invest into reasons why they shouldt
Teach me this power...

>>13328369
>he thinks a bloated team is a good thing for a startup trying to raise funding
>he thinks releasing your "equity" as an erc20 token with zero legal rights is a good thing
Wew

Daily reminder CLCG is composed of 15 biz-tards who were recruited in the discord. They control the discord AND the reddit because the mods of both discord and /r/LINKtrader are part of the team, and they shamelessly shill their cashgrab on both platforms, as well as here on 4chan. Any attempt at giving critique is silenced by banning (discord) or on 4chan and reddit by a whole group of loyal sheep who parrot the same nonsense trying to hide the truth.

What is that truth? In case you didn't notice, after the joke of the original announcement of the crowdfunding round with a multimillion valuation for basic reselling of API service (compare this to Oraclize which is valued at 200k dollar), they got BTFO because one of the faces, Timo Harings, was caught manipulating the market as a swingtrader. He posted his chart on 26th of March that we would see an increase to 75000 sats, and shilled it everywhere. Source: https://www.tradingview.com/chart/LINKBTC/csJ2ymPC-Chainlink-bullrun-close-x6-from-here/
On the 9th of April he admitted he actually sold 90% of all his LINK tokens. source: https://twitter.com/timo_harings/status/1115522704533114880
Basically confirming he dumped on his discord users and twitter followers. He has dumped 800k LINKies at the core resistance of 60 cents, yet is at the same time begging for money with his CLCG group.

Imagine investing your hard-earned money not in BTC, ETH or LINK but in an illegal crowdfunding by literal 4chan-users who own 10x more LINK than you do, moderate discord and reddit as a hobby and manipulate the LINK market by dumping on you every chance they get.

>>13328536
Why do you lie anon?

>>13328571
Hi Timo

I’m not giving them a cent. I’ll just buy more link

>>13328571

Timo fuck of

>>13328536
Thanks for pointing this out anon. Just bought 100k.

>>13324906
>When LinkPool announced their crowdsale, the 1000eth they were raising was over 500k usd.

Linkpool was selling 25% of its revenue for 1000 ETH. So 4000 ETH is 100% of it.
CLC Group is asking for 4000 ETH and selling just 10% of its revenue. So they are literally valuing themselves at 40,000 ETH. You can't compare LP with CLC group.

>>13329144
>Linkpool was selling 25% of its revenue
False. Linkpool was selling 6.25% of its revenue for 500k. Clc is selling 10% of equity for 320-640k (depending on sale outcome). OPs whole point was to show that in dollar terms they aren't raising much more even if they reach hard cap and the soft cap is much less than what Linkpool raised. Why do you purposely misrepresent the facts?

ALL MARINES SHOULD UNITE AND NOT SUPPORT TIMO AND THIS SCAM

Tinfoil hat time: none of the other Finn cucks but Timo actually exist. Timo is running this whole scam himself and made the rest of the team members up.

>>13324928
retweet playboi. i only want dat LP (dats loud pack for u lames)

>>13328536
FACTS

>>13328571
He isn’t. I’ve watched 4 episodes of shark tank and couldn’t valued CLCG appropriately. These clowns don’t know fuck all

>>13328536
this is 100% certifiable truth. don't give these dishonest middlemen a goddamn cent. imagine johnny or matt pulling a stunt like timo. until he is exiled from the project you shouldn't touch this shit with a 10 foot pole, these fraudsters are not your friend.

>>13324919
yep and lots of retarded anons are about to lose a lot of money.

Some faggot at IBM just shit on CLCs Medium post

>>13330388
Sauce

Hi timo

>>13330388
provide sauce

>>13330448
>>13330565
https://medium.com/clc-group/our-value-proposition-cab901884b02
The response to this shitty post

>>13330667
nice catch. another ibm employee who is a marine and thinks clcg is garbage
https://www.linkedin.com/in/devlin-trace-483154b0/

>>13328235
This. The best way to handle the sale is to have radio silence at first.
If we see too many contributions coming in the fud needs to roll out.
If the sale end date is getting close and 2k ETH has not been reached, then we need to shill a bit to get it over the soft cap.

>>13329552
maybe I'd buy if Timo actually had a jawline
lol look at his mantits

>>13324906
thank for the news sir timo

>>13324906
>in addition to the obvious trolling
what did Timo mean by this?
All the people calling out CLC Group have been 100% right

>>13328536
Thank you.

>>13328571
Retarded timo hang yourself in your closest you child molesting faggot.

I still feel like there’s definitely coordinated FUD attempts on the CLC project regardless. Their idea isn’t trash. Nobody truly understands APIS.

Looks pretty legit to me just whitelisted myself for 100k

>>13328536

based

>>13332075
>Nobody truly understands APIS
ummmm, a heap of people do, brainlet

>>13328536
Yeah fuck these scammer cunts!
>saved & linkpilled