/biz/ - Business & Finance

>>53019072
Bump

>>53019072
stinky fucking linkies, so pathetic man

>>53019072
We were the exit liquidity, Sergey is literally worth $500 billion dollars

>inb4 some faggot piece of shit posts some Chainlink Labs infographic

Framework was one right?

>>53019072
The Company had private investors before they launched the ICO.

It was an open ICO, without any kind of OTC VC deal. It came out at the end of the ICO boom too, and at a period where crypto VCs were relatively small fishes compared to now. The few crypto VCs were instead backing complete dogshit that died in 2018.

Despite the immense backing of swift, WEF endorsement etc. the team was surprisingly lacking in public VC connections. The major part of the 2018 era biz enthusiasm was due to how surreal it all felt. If you did basic due diligence and put various pieces together, it was blatant how huge and legit critical it was, yet no one was talking about it outside of biz, and it lingered in the rank 150 for a couple of years.

The few VCs that were in the ICO exited very early. You have to remember what it was like between 2017 bull and 2018 bear. Blockchain had no utility, no applications yet. Just white papers.

The irony of course is that actual developments in the smart contracts space mostly occurred thanks to chainlink itself. But VCs then didn't see it or cared.

The only VC that bet big on it was Framework. A small new fund with no other connections, just a couple of rich dudes with FANG experience and daddy's money. They missed out on 2017 and the early ICOs but they saw it like biz saw it, and they went big on it, and the early projects that adopted it like synthetix.

That was the birth of defi. The first real utility in smart contracts, and how crypto recovered from bear to bull again, which allowed new L1s narratives, yield farms etc. There would have been no bnb or ftx success without defi.

Framework significantly derisked over the years but still remain close to those early defi players to some degree. They since tried flipping and betting on shit like NFT gaming garbage, probably losing already. They're just like the other VCs retards now, it's about connections instead of actual flair.

Other VCs don't want to touch link.

>>53020667
There where like a total of 8 something VCs in on link
I did my DD on my old laptop
That’s my thread from almost 3 yrs ago
>>/biz/thread/S20849761#p20849761

Kek, the other fud thread got deleted after fudders got completely destroyed by common sense and logic. Jannies were so cringed they had to get rid of it. Awesome and classic.

>>53020667
we're literally so early

what will pump the price, ccip usage? when will they start pricing their services?

>>53021158
Yeah man you showed them

>chart down 90%

>>53021440
Ccip doesnt exist. Its an idea on a powerpoint slide. Unrelated, I have a bridge to sell you.

>stankies

>>53021252
Are you though? This had its big pump like most other shitcoins. Buying a falling knife is not “early”

>>53021483

>Mainnet doesn't exist
>Staking doesn't exist

>>53019072

DR:NS

>>53020667
>It was an open ICO, without any kind of OTC VC deal.
The 100 to 500 ETH presale pools required approval, although the bar wasn't very high.

>>53020667
And yeah I actually like Vance but seeing them go off into GameFi makes me realise that LINK was a bit of a fluke for them.

>>53019072
Staking will be released in the next 24 hours

>>53021546
You forgot the tvl infographic where you show how “everyone” is using Link. And yet all the price does is plummet. Maybe you should go back to lower TVL? There seems to be an inverse relationship.

>>53021158
>reality is FUD
cultist detected

>>53023148
Literal perfect buying opportunity

>>53023198
It's going below ICO price before stakers can withdraw.

>>53023277
Checked. That is also an excellent buying opportunity. Buy more and stake it when it gets to that price. Sell high.