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/biz/ - Business & Finance


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58455231 No.58455231 [Reply] [Original]

Where exactly does all the funding from token sales go?

>> No.58455236

Obviously there is the payroll cost, which prob runs $100M per year give or take... but what about the rest? They have raised several billion dollars at this point

>> No.58455238
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58455238

>>58455231
securing more meaningless PoCs and trials with muh institutions so the grift can keep going
>>58455236
and this
pic rel

>> No.58455281

>>58455236
nope. Chainlink makes a lot of fiat from L2's projects. Source is from CLG

>> No.58455286

>>58455231
No fudder has ever proven that Chainlink is selling tokens for cash and not giving them out for free OTC to get institutions on board.

>> No.58455288

>>58455231
>>58455236
major technology shifts take usually 30+ years to play out. They need a war chest that will last that long.

>> No.58455318

It took Uber, Amazon, etc. years to reach a profit.

>> No.58455612

>>58455318
not sure who you're responding to. Your comment has nothing to do with this thread nor any crypto in existence

>> No.58455617

>>58455281
"nope" what? What are you saying no to? I asked where is the rest of the funding

>>58455286
why would they want to prove this

>>58455288
are you saying they are just sitting on a pile of cash? What is it earmarked for specifically and why is it so expensive?

>> No.58455618
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58455618

>>58455288
>>58455318

Schizos actually believe chainlink is game changing tech lmfao

>> No.58455622

>>58455618
yeah the 30 year comment really is laughable. That's how long the internet took but that's the entire internet...not just one tech company within the space.

>> No.58455627
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58455627

Basically either one of two things.
>Deviating funds to INR converting wallets
>Tokens for cash, so they can get their slice.
Either way both suck dick a lot, that's why sticking with decent devs like the superverse ones. Literally spitting update and partner in a bi-daily dosis

>> No.58455634 [DELETED] 

>>58455231
It all depends from the project I guess. Sharkroll has a neat road planned ahead, soo the more they get, the better the overall experience of the platform will be

>> No.58455760

>>58455318
not linkies maxxcoping comparing their firing toilet sad excuse of a token to well established corpos that ARE ACTUALLY USEFUL??? fucking rolling kek

>> No.58455770

>>58455618
>It took years for Amazon to make it!
yeah, and it took the same amount of time for MANY companies to fucking rekt too. How much time has been dee's trying to be relevant and not fucking die to the corpo hypermarket? A lot. How did they manage to get back on biz?
A mr beast lawsuit.
Why cant faggots just cash out and seek greener pastures? lulz

>> No.58455773

>>58455231
Sergey runs his business as a larp. He play pretends at being a serious company with an office and everything. HR people, marketing people, etc. That's where all your money is going.

>> No.58455775

>>58455617
>are you saying they are just sitting on a pile of cash?
Crazy, isn't it? You won't believe it once you see the exchange rate on "whale" wallets
(it's just devs getting their cut before rugging and we all know how a slow rug looks like)

>> No.58455784

>>58455238
I wonder in a daily basis what do this kinda hoe think, or if they ever think at all.

>> No.58455790

>>58455288
The internet becoming what it is today only took about 20 years. The whole ass internet. Look at nvidia and look at all the shit they are doing with their hardware, the amount of insane shit like DLSS and AI stuff. They did it all in like 7 years or less.

Link isn't some paradigm shifting piece of framework.

>> No.58455793

>>58455627
partners don't mean shit when shareholders and baggies get liquidated HOLDING so

>> No.58455804
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58455804

>>58455627
you have no ground to criticize link if you hold anything shitcoin/entertainment related you are not bringing any value to the table at all.

>> No.58455809
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58455809

>>58455622
>>58455790
wonder how linkcucks will respond to the internet argument because it is a pretty real thing. "generational wealth" has to be one of the most profitable and well designed marketing pitches in human history.

>> No.58455815

>>58455231
>>58455236
Funny thing is that something like Chainlink truly does not need to waste that much money on so many employees.
>>58455773
This.
They just need programmers, lawyers and spokespeople that can work things out with companies/institutions.

>> No.58455818

>>58455627
>Tokens for cash
No proof of this ever occurring. Arkham is a thing you can go check Chainlink's movements there.

Superverse is not tech.

>> No.58455949
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58455949

>>58455231
the blue linkies are dying and the blue dogs are doing great
what's happening?

>> No.58456471

>>58455949
shiba inu is a kind of dog. vita inu is nothing, you stupid nigger.