/biz/ - Business & Finance

dead coin

The black oil represents shit. The barrel is the huge amount of shit this is.

>>24647608
Hear, hear!

DIGITAL

>>24647608
Bro, I have enough of altcoins as it is

>>24647608

What did that smelly faggot gilles have to say in his speech did anyone bother watching?

>>24647608
BOND don't need oil, BOND only cares about high yielding automated smart contracts

>>24647608

>>24647961
incredibly based

>>24647961
based

>>24647608
>>24647961
BASED

Any information about the Gilles' speech ?

>>24647961
Cringe

>>24649877
Go back

I got 1 barrel locked and loaded

>>24650899
cope

>>24649864
It was private. Which means it was either based or a private tranny cock orgy

>>24647608
I've been a long-term holder of iexec, but have recently started selling off shares of my (quite large) RLC bag. Here's why:

Hiring: It seems only two new developers have been hired in 6 months, while two (or three) have left in the same time. The essential positions in research, marketing and leadership are still not filled.

Location: The startup is located in Lyon and only hiring there, which understandably significantly narrows the range of top talent available

Website: A new website was promised shortly after the iexec crowdsale in April, but still hasn't been released. I consider this a major red flag for a project with 12 million at its disposal, it's not like any complicated web-app is developed here, only a redesign of a website should never take this long.

Marketing: Two months ago, it was promised, that a "top-tier" US-based PR company is nearly hired. No progress, announcements or anything here, one month before product release. Iexec is slipping out of the top100 coins on coinmarketcap as we speak, because nobody knows about its goals and potential progress.

Community: Although the community is still active on the slack, the more invested members and those actively contributing value have mostly left because the iexec dev team mostly acknowledges improvement suggestions but never acts on them. There is almost no effort of building a dedicated community.

Developer community. There is no effort to attract ethereum developers. This is a project aiming to extend ethereum (solidity) and there is almost no open-source activity, demos on ethereum conferences, etc. The recognition in the ethereum community is basically zero. I mean what the hell ?

Team Communication: The team is periodically active on slack, but not comparable with other projects. Iexec slack was until recently bombarded with scam attempts, then the invitations where disabled without any announcement or comment on this from the dev team. Another red flag.

>>24651149
Kek, ok thk

>>24651172
Leadership. Although Gilles, the founder, is clearly an accomplished academic, he has little experience in company leadership which shows through on nearly every front. Yet they are refusing to hire an experienced CEO

Technical Outlook. The technical outlook remains unclear. iExec Academy will probably be released on schedule, but it still unclear how it is usable from solidity, how results are retrieved into the smart contract, costs, providers, etc, etc. I'm not expecting any real-world dapps to use this anytime soon. For Version 5.1 there has been no information update since the whitepaper release. The research on the most important and most difficult part, the proof of contribution, has not even started (to my knowledge), and it is doubtful their vision for v6 and beyond is possible to implement.

Partnerships. There has been only one announcement of a unknown company partnering with iexec. DApps running on iexec or other forms of partnership should clearly be one of the most important goals right now.

Strong competition. There are a lot of projects aiming at similar goals and iexec is one of the more unknown of them.

Trading. No new exchanges and RLC trading with extremly low volume are a reflection of the above points imho.

I don't want to this to come over as complete FUD, just letting of some steam over lost money on iexec. Please refute any points which you think are untrue.

>>24651172
>>24651198
OILERS absolutely btfo. How can they even recover?

>>24651172
You keep posting this same shill.

They don't need to hire more devs.
They say in their video that they have completed all of their roadmap goals and have shifted to marketing what they have built.

>>24651325
cope more, cringe """oiler"""

>>24647797
Yes he talked for 60 minutes straight about how he was never going to sell his digital oil

>>24651881
Reddit
Posted by u/cryptox89
3 years ago

>>24652548
and its still true today AND the price is even lower than three years ago.

KEK, RLCfags are truely the most deluded trannies on this board.

>>24652619
None of it is true and we're never selling, you had 4 years fuck off noilers

>>24652714
then why don't you try and refute the points instead of using ad hominems?

>>24647684
The black oil represents based. The barrel is the huge amount of chad this is.

>>24651172
>>24651198
Hi, I will refute several untrue points:

*1Hiring: True and False. They lost 2 ppl 1 dev and 1 market/business guy left. And they hired 3 or 4 people since including 1Phd in Sec.

*2 Location: Lyon is in the middle of Europe and you are wrong because a big part of the team is working remotely (from Paris ie).

*3 Website: Good website/bad website, they hired a company to re-build it and it seems that it takes time to deliver. IMHO I don’t give a fuck about the website but I can accept this point.

*4 Marketing: What do you want to market ? There is still no product at this moment. Sorry but hire someone to sell nothing isn’t the best thing to do.

*5 Community : Wrong, the slack is still full of people really interested and involved in the project. Few people left because mainly because of scams on slack.

*6 Developer. Wrong again they have been higly involved in the organization of the first “Underhanded Solidity Coding Contest (https://medium.com/@weka/announcing-the-winners-of-the-first-underhanded-solidity-coding-contest-282563a87079)) providing a plane ticket to meet the team in Lyon for one of the winner.

*7. Team Communication : Are you really on the slack ? Julien and Gilles are here nearly on daily basis (For Julien at least) and Gilles takes (Too much on my opinion) time to answer to several FUD or questions.

>>24651172
>>24651198
>>24652847

*8. Leadership: No point to hire a CEO at the moment. You are –on purpose- not saying that his academic background is strongly linked to the technology they are currently developing.

*9.Technical outlook: V1 will be delivered on time ( according to what they said). V2 if far from here now.

*10. Partnerships : I can agree with this point, but it would be interesting to provide us some exemples of good partnerships they should develop.

*11. Strong competition : True. There is at least 2 others big project in the same Area : SOMN and Golem.

*12. Trading: True. But considering that it seems to be really expensive to be listed on major exchanges why should they do this right now? Traders//Investors, if you want to do trading pick other coins.

Disclaimer: I am an RLC holder since ICO and I am not an RLC Team Member.

>>24652883
Both sonm and golem are dead.

why are you guys copy pasting a 3 year old reddit conversation??

https://www.reddit.com/r/iexec/comments/73kx10/why_i_am_doubtful_about_iexec/


https://medium.com/iex-ec/iexec-dev-letter-9-636970bbd7ac

>>24653316
Because RLC has no real fud and they missed under 50 cents. I wish it would moon already and price these greedy faggots out

>>24653393
Hey, I'm still 1500 away from my goal. Time to moon is Fed, time to really start spreading awareness is january. Right now is the last chance to accumulate. No need to rush.

>>24652883
Pic related

As an american where do I buy this fucker since it's not on coinbase yet do I really have to make an acc on binance and have my money in two shitcoin exchanges?

>>24653992
No, Uniswap exists you retard burger

>>24653356
based and redpilled