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/biz/ - Business & Finance


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25190423 No.25190423 [Reply] [Original]

Sold XRP tokens to sustain business operations and enrich founders.
Paid for partners with profit from token sales to encourage more token sales
Subsidized partners with token sales so they’d continue using XRP
Office in the USA
Massive supply owned by founding team and company

Chainlink:
Sold LINK tokens in an ICO to US investors to fund business operations
Sells LINK periodically to fund business operations and enrich founders
Subsidizes chainlink network and partners through token sales
Token has no function aside from raising capital for founders and company
Offices in USA
Company and founders hold massive supply

Defi:
Top 4 defi protocols do not use Chainlink oracles. (Compound, Uniswap, Sushiswap, Makerdao) clearly not critical infrastructure.

If you think that LINK is not fucked your head is in your ass. LINK is EXACTLY like XRP.

>> No.25190559

Not true - idiotic comment, the founders don’t drive in Lamborghini nor do they squander the capital. Every cent is actually invested in developing the project. Please stop promoting fear and panic sell

>> No.25191093

>>25190559
So that 8 million dollar condo Sergay bought in NYC with money from selling LINK isnt squandering capital?

>> No.25191203

>>25190559
>only 106 nodes in a private KYC network
>out of those, 83 have ran 0 jobs (!)
>only 22% of the network is used
https://market.link/search/nodes

>only 255 data feed available after years of development
>99% are all price feeds
>out of those, only 10% have been used in the last hour, 90% of which were just a bulk update across
https://market.link/search/feed

Do you think a coin with these metrics after 2 years on mainnet should be in top 10 with a 13 billion dollar valuation with a founding team that still holds 60%+ and does dumps on a weekly basis?

>> No.25191277

Why do people fud when nobody is even shilling? If there was zero fud there would be zero threads, which would keep newfags out of link more effectively than fud, which at least gives them a clue that it's significant.

>> No.25191332

>>25191277
you had four (4) months