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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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10487407 No.10487407 [Reply] [Original]

>Defraud investors with false roadmap that they knew was impossible
>No proof of work from any employees
>Put out bare minimum software, Dapps and documentation
>Hire literal teams of pajeets to build Dapps you were supposed to code
>Hire a brand ambassador who didn't think it would shit idea to blogpost about flying, wining & dining subreddit mods on investor funds
>No one using shitty network or even trading at this point (volume RIP)
>Subreddit mods who were flew out for mozza constantly banning and censoring the reddit
>Same moderators who are confirmed bizposters making REQ threads shilling agressively (AbstractTornado, thats you)
>Still somehow does not support Bitcoin ?!
>Doesn't even support QR codes ?!
>Only compatible with metamask and ledger (literally no normies use this shit)
>Dapps stalled out and forgotten about (Chango, Crowdfunding)
>Only one partnership with 0 code written, just for hype
>Only other partnership attempt being Wikimedia, a serious disaster. Mainnet is so shit right now it doesnt even matter
>Zero marketing over 7 months to consumers, businesses or developers after heavy ICO marketing
>Team pivots from only other relevant project Moneytis to Request Network after the company dies
>YC Backed with less than $150,000 in series funding, literal chump change to valley VCs
>Half a year and still a team of 10 or less idiots
>$30,000,000 in funds and less than 10 applications being built
>Team has nerve to talk about building their own blockchain when they can't even produce a second layer Ethereum platform
>"Decentralized" so no frontfacing team members, another way to avoid accountability (probably when they exit)
>Logo is a stolen, overused vector
>Unironically, why would ANYONE "Request" a payment instead of having the person send it directly (aside from invoicing)
>Price will have no support going up as ICO investors sell off to break even or take profit
>Whole community at this point is fully delusional, they see no issues

>> No.10487428

>"I-It's just $25 mozzarella. Are you really THAT poor, /biz/?" Said the increasingly nervous Redditor as he was still 95% down from ATH.

>> No.10487455

ICOs are so bizarre.
>raise $10s of millions
>have $10s of millions of own token
>cant deliver a simple app or operate smoothly
In the VC world, these companys would have only gotten like $100k max to deliver a product/customers before receiving more investments.

>> No.10487467

>>10487407
It’s an embarrassment you didn’t include a cheese reference in your pic

>> No.10487494
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10487494

>>10487407
Pic related is the greatest REQ’d thread of all time btw

>> No.10487518
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10487518

>>10487407
Kek okay Dinesh. You can not turn my full confidence away from this project. It is solid with big updates soon, I look for to it. Kill yourself paid fudder, intelligent people hodl

>> No.10487548

>>10487455
Yeah its strange. No wonder YC distances itself from the project though.

>>10487518
Nice argument, bought 100k

>> No.10487566
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10487566

OP you forgot

- young kids trying to run a financial platform
- outsourced development (this was not stated in the white paper)
- no FIAT (the most important feature )
- removal of dates in roadmap
- changing roadmap
- Team don't respond to critical questions (why couldn't they deliver fiat etc)
- changing focus (crowdfunding app)
- the audit part won't be workable for companies since it can only process crypto currencies.
- no movement on the burner contract

>> No.10487596

>>10487566
I literally ran out of space for text. 4chan has a limit remember.

I have about 40-50 smaller points on why the project is shit + some stuff I cant even share.

>> No.10487629
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10487629

>>10487518
This deus
Hodling req is a good money opportunity with big futures coming, 50 DOLLAR s EO6
Fuck pajeeţs

>> No.10487817

>>10487596
Pls share I want to rub some salt in my wounds