/biz/ - Business & Finance

>>16472312
It's a scam

>>16472312

one of the biggest scams in crypto. complete vaporware. former ceo was caught embezzling funds and forced out. managed to pump price again signing for for US Air Force startup program and pumping that as a partnership

>>16472350
you're not even trying anymore Raphael. Are you finally giving up and just market buying?

>>16472350
>former ceo was caught embezzling funds and forced out
What the fuck does this even mean? I could have bought in way lower than this if it weren't for your stupid bullshit. So the ex-CEO was kicked out for being corrupt. Sounds pretty fucking good to me. God I fucking hate this board.

>>16472408

It means it's the worst of shitcoins faggot. Former SALT CEO was also caught stealing and forced out. Fantom COO Joseph was also a thief and forced out. Generally when you have one scammer in your project, there are others and the whole project is a scam. See how these performed. DAG is vaporware like Substratum

>>16472457
Fantom is clearly dogshit but DAG honestly looks fucking solid. If its been you who has been posting all this fud that made me miss my entry I hope you get your balls run over by a semi-truck.

DAG just announced they raised a round of capital today from Moonrock. This will dilute their current investors. They wont say how much they raised or how much this will dilute current token holders.

Instead they used a PnD team to pump their razor thin books to make it look like its mooning. This is the first time in the history of the financial world that a company announces its diluting current holders and the price moons. The best part, the idiotic community didnt ask how much was invested, how much they will be diluted, or why they needed to raise capital after taking on $33M just 18 months ago. Where did all the money go.

>PROTIP They day traded all their investment capital away and covered it up.

Why isnt the community in an uproar over this capital raise? The team told them they had 3 years of runway a few weeks ago. The team said the departure of their entire staff wasnt due to financial issues. The TG of the company is flooded with memes to prevent meaningful discussion.

YOU PEOPLE ARE GETTING SCAMMED LOL

>>16472312
Where is that little Paki cunt! I lost a fortune because of him, ranting on about being an insider. Believing him, and now seeing that DAG is fucking THE epic crypto project mooning!

>>16472696
terrible attempt at fud.. this is old news and NO DILUTION OCCURED.

It's ok that you just invest in shitcoins and don't understand equity investing.

reminder the DAG is a scam. They have no employees all of them are working in other companies. The USAF "partnership" is nothing more than a $50k Small Business grant for research issued by the SBIR.
Their TG was taken over by a known PnD team called Satsgang and they post here nonstop at the request of the team.
They are exit scamming and this is the most obvious exit scam in all of crypto. Their community is trash and their trading volume is 80% wash trades. The rest are bots and the occasional idiot who forgot to do his DD.

>>16472738
You missed the boat. just seethe and STFU

Fantom >>>>>> Dag

The maximum award amount is a grand total of $250k, which it is likely the DAG team received a fraction of that.

30% of all applicants received SIBR funding, so not even hard to win this contract.

This piece of shit team ran out of money, brought in a PnD crew and told everyone they are now partnered with the USAF. And now we find out its nothing more than a teeny tiny contract anyone could have won.

Satsgang pump it, then they dump on brainlets. Then they rebuy at a lower price and pump it again and repeat. This has been going on for months now, just look at the chart. SUPER obvious

Constellation Labs CEO and founder Brendan Playford has disappeared from the company since July. They claimed he was on vacation, apparently this was a cover-up. Was at a crypto event last night in the city and heard a small group of guys discussing some drama at Constellation Labs.
Allegedly Brendan was day trading portions of the $33 million dollar raise for months and lost a substantial amount. I guess enough to get him removed as CEO.
The question is, did he lose enough that it tanks the company or was he removed for breaking policy? Does anyone know what the hell is going on here? I went to their Telegram and nothing is mentioned, just that his disappearance is not suspicious and no big deal which is just crazy if you ask me.
Is there some way to force them to show their trading history? And is day trading your investment illegal? If it isnt, it damn well should be.
Personally I think they will just pretend its no big deal, and that losing their founder and CEO within 6 months after raising $33mil is just industry standard stuff and not to worry.
Dont really give a shit about this coin but it pisses me off these people get away with shit like this.

They will continue this strategy until the project has lost all credibility and they no longer can earn good money. If you buy DAG you are literally paying for the lambo´s of scamming jungle gooks

>>16472805
>>16472810
This is SO FAR FROM TRUE. DAG is a san francisco company. They have a new CEO and new investors. Sorry you missed the boat kid.

>>16472826
CEO/Team allegedly day traded investor funds. The team has been asked in TG about this over 50 times and refuse to answer their own investment community what happened or how much was lost in the trading. They promised to answer in 2 weeks and still havent.
Bag Holders dont want to know the answers to these questions and attack anyone who asks in their TG, protecting the team from answering.

>>16472872
OLD BORING DISPROVEN FUD. You must be a new hire Ranjesh.

>>16472872
>>16472884
How about one of you actually back up your claims with some proof? You fucking retards

>>16473167
How about you prove unsubstantiated claims you brainlet. Its people like you who ruin this fucking board with your horseshit. It's the same "SCAM ALERT!" picture being posted everywhere, you're fucking obsessed.

>>16473190
Right. The anon that hasn't posted once in this thread and is asking both parties to give even a sliver of evidence for either side.
You're actually a brainlet.

>>16473198
Oh I got you confused with the other blue ID.

You're still asking people to disprove claims made with no evidence. Isn't it shocking how the FUD against this project is always just some faggot screaming with the same "SCAM ALERT!" picture with not a single screenshot or shred of evidence to back it up? How is someone meant to "disprove" screeching like that?

>>16473167
>>16473190
This faggot.. YOU spread the FUD YOU back it up or fuck off back to your cave

>>16473291
Holy fuck you're a schizo. Proof the fud is bullshit or he can prove it's not.
This is why no-one will invest in your shitcoin

>>16473307
not gonna work Ranjesh. Back up your shit or fuck off. go to Tele right now and get justed faggot.. really, waiting for u.

>>16473307
You're a pedo, prove me wrong.

I don't need evidence. Just disprove the fud. I'll be waiting, pedo.

>>16473333
checked.. and he can't prove shit, and he won't show up to actually try. he probably just got hired to fud this week.

>>16473321
>>16473333
Okay noted. Actual schizo thread. Neither of you can prove absolutely anything in this thread.
Shit coin. Retard fudders and shills. Probably coordinated telegram thread too.

>>16473419
You gotta learn how "proving" things works. You have the critical thinking skills of a 4 year old. I still hate you for fudding this project for so long. I can't believe I listened to someone as dense as you.

>>16473457
It was one guy on 4chan fudding this project.

>>16473419
fudder gets BTFO by asking him to prove his fud claims, at which time he starts crying schizo. You're bad at your job Pradeep.

PROOF:

Per the $33M lost in 18 months they just raised capital from Shillrock although no dollar amount was announced. Probably not much since they cant even hire supporting staff. That is proof they ran out. You dont start with $33M and 18 months later fire your whole company and sit with 4 idiots in a cubical paying Satsgang to pump bullshit announcements.

Here is the SBIR contract they DAG received which spells out exactly what it is, a small business grant not a USAF contract.
https://www.sbir.gov/about/about-sbir#dollar-amount-of-awards-adjusted-for-inflation

Here is the entire team and their current positions. Every single one can be verified by going to their Linkedin profiles. They all abandoned DAG and found new jobs.

Ryle Goehausen - VP of Engineering – currently a senior software engineer @ Bloomberg LP
Zac Russell – VP of Marketing is currently @ Camera IQ
Brion Hickey – VP of Product is currently the Sr. Director of Growth @ Human Interest
Sebastian Spitzer – Global Ambassador is now @ Shaeffler
Giovanni Valdenegro - Lead Product Designer is now Senior Product Designer @ Ease Inc.
Sophie Feinberg - Executive Assistant is now @ Virtual Mason's
Shreyas Kitty - Community Manager is now Community Manager @ Coinlist
Gina Rubino – Marketing Manager is now Digital Marketing Specialist @ Pegasus Protocol
Emily Arth – VP of Operations does not have a Linkedin profile but is assumed to be gone as well, she hasn’t posted anything or been mentioned since 2018.
Altif Brown – CCO and Co-Founder downgraded to Advisor on the teams own website, proving he is no longer a full time employee.
Brendan Playford – CEO/Founder mysteriously disappeared in 2018 and the team to this day refuses to discuss what happened and claim to be under a hush order from their lawyers. An insider accused him of day trading investor funds for massive losses prior to his departure. When pressed to explain the team pleaded the 5th.

INB4 Satsgang Backflips

>>16473457
I haven't fud shit. Nothing to do with this coin and was looking for info in thread.
Your ID has flipflopped multiple times between both fudding and shilling.
Other guy is resorting to buzz words because he can't disprove the other fud in thread.
Neither fud nor shill has proven absolutely anything behind either of their claims.
I'm a fucking investor you absolute mongrels.

>>16473503
Cool. Someone who isn't a mouth breather actually posting information.
Until this is proven false I won't be investing. Not even because of this fud but because the shills are so braindead they don't even have the reading comprehension to recognize when a potential whale is asking for facts.

>>16473503
>they just raised capital from Shillrock although no dollar amount was announced.
Meaningless. They got funding and they're not spending it for no reason when they are performing their tokenswap/mainnet launch in Dec/Jan. They are a small company with great tech and connections with a product that was expensive to develop now entering the rollout phase. They still hire contractors here and there when required.

>Per the $33M lost in 18 months
Source this claim. I've heard it thrown around but never seen a single shred of evidence for it.

As for the people who left the company, the employees were not a fan of the way Brendan ran things and decided to jump ship. Since then it has undertaken new leadership under Ben Jorgensen and has done nothing but progress, grow in value and gather the interest of many large institutions. Even so far as being the official data validator to Chainlink. Not just another partnership, but the technology that actually processes the data before it enters a Chainlink smart contract in order to add infinite scalability.

>>16473333
>>16473377
>Just disprove the fud
>He just got hired to fud this week
Wait are you two actually so retarded you just got your roles mixed up? One is saying the fud needs disproving and the other is saying fud is obsolete and outdated. Yet you're siding with each other on an anon asking for proof of either.
Holy kek how bad at this can you be.

The main volume is on hotbit. A wash trade exchange where you can't buy or sell any meaningful amount of tokens

>>16473626
I think your reading comprehension is out of wack.

>>16473632
KuCoin volume is fine.

>>16473655
Yeah no I don't think so.

>>16473333
>You're a pedo, prove me wrong.
>I don't need evidence. Just disprove the fud. I'll be waiting, pedo.
From the guy shilling the entire thread and giving out about fudders. Why on Earth would that person ask for the fud to be disproven unless you posted it?

>>16473377
>checked.. and he can't prove shit, and he won't show up to actually try. he probably just got hired to fud this week.
As in "his attempts are fudding are weak. He only just got hired to do it LOL" from the guy shilling the entire thread.
Why would you take each other's sides when proof is asked for?
Fucking whackjobs. Take your shit somewhere else.

>>16473677
Oh you think I posted that retard's bullshit? Why the hell would I do that if I was just trying to shill? Spreading fud so I can "epically" disprove it myself seems like the most inefficient way of getting people interested ever.

It´s not proof, but not far off
Look at how the price has been behaving for the last few months. Any rational mind that have been trading for a while will get very suspicious of the DAG chart.

>>16473702
Never said that was your plan. Not even going to bother arguing because you clearly lack brain cells. Remember post ID is a thing and don't forget to switch connections next time. Screencapping all of your posts and the other guys.
Weakest attempt I've ever seen on this board.

>>16473741
I got two blue motherfuckers mixed up lol

Constellations PR team and bag holders are trying desperately to explain away the mounting pile of evidence proving the rumor started by a crypto insider is looking more real every day.

Allegation: CEO Brendan Playford was trading investor funds.

EVIDENCE:

1. CEO has disappeared from all communications and events for almost 2 months. He was super active since the beginning involved in everything.
2. When pressed the team refuses to comment, and wont make a comment for another 2 weeks. This makes no sense unless there are legal proceedings and lawyers involved.
3. His twitter account is almost entirely trader related posts.
4. The team has refused to answer any investor that asked about him trading investor funds. They will not give a yes or no answer, only that they refuse to answer the allegation.
5. Everyone agrees at a minimum he stepped down as CEO. CEOs dont step down from their own startups without the board forcing them. They dont have a board. He is the largest shareholder and visionary founder. This is not voluntary, meaning this has to be based on wrongdoing. If it was illness, personal issues, etc they would just announce it a month ago and everyone would understand.
6. They banned anyone asking about these allegations on their TG. *update they stopped banning everyone but still refuse to answer the question directly. No team member will address it.
7. There is no value in spreading FUD about this, there is no volume for this coin. Any FUD cannot move the market to accumulate bigger bags of any signIficance

>>16473760
Yeah I know. Doesn't mean anything when you post contradicting yourself entirely.
Also protip to angry pajeet posting guy: that only works when you attack those hostile to the project. Not with anons asking questions or wanting info. That's where you're supposed to seem rational. Jesus ESL get your shit together.

https://cryptobriefing.com/constellation-code-review-blockchain-os/

>>16473802
How did I contradict myself? A guy posted fud, I asked him to prove it and then the fud poster said that I should just disprove the unsubstantiated fud. So I called him a retard.

>>16473801
Brendan has nothing to do with the project and hasn't for a long time. I'm assuming for good reason because he seems like he was a piece of shit. All I'm seeing is that ever since the project moved on from him it has done a 10X.

>>16473801
>1. CEO has disappeared from all communications and events for almost 2 months. He was super active since the beginning involved in everything.
FALSE - Ben is active in tele every day.
>2. When pressed the team refuses to comment, and wont make a comment for another 2 weeks. This makes no sense unless there are legal proceedings and lawyers involved.
Pressed on what retard? your made up stories that have been debunked multiple times?
>3. His twitter account is almost entirely trader related posts.
He's a CEO not a dev. You don't understand this shit.
>4. The team has refused to answer any investor that asked about him trading investor funds. They will not give a yes or no answer, only that they refuse to answer the allegation.
Again.. old diproven FUD and NOT THE CURRENT CEO ANYWAY RETARD
>5. Everyone agrees at a minimum he stepped down as CEO. CEOs dont step down from their own startups without the board forcing them. They dont have a board. He is the largest shareholder and visionary founder. This is not voluntary, meaning this has to be based on wrongdoing. If it was illness, personal issues, etc they would just announce it a month ago and everyone would understand.
Also false. Wyatt is the brains behind this thing and he is still there. That's what matters and the previous CEO was not the "vision"
>6. They banned anyone asking about these allegations on their TG. *update they stopped banning everyone but still refuse to answer the question directly. No team member will address it.
You are just repeating yourself and crying because people won't pay attention to you.
>7. There is no value in spreading FUD about this, there is no volume for this coin. Any FUD cannot move the market to accumulate bigger bags of any signIficance
Then why are you obsessed with it?

>>16473829
>Andre Conje
>The Fantom developer (DAG's primary competitor)
>Says DAG is not good
>August 2018

Wow great stuff!

The satsgang likes coming to biz ever so often to post. They want to check the temperature on DAG. If the temperature gets too hot, they will plan an escape strategy to jump ship

>>16473838
1. Was the former CEO Brendan Playford day trading investor funds?
2. How much money was committed by the USAF in the new "partnership"?

>>16473864
>Was the former CEO Brendan Playford day trading investor funds?
I don't fucking care what the FORMER NOW GONE CEO did.
>How much money was committed by the USAF in the new "partnership"?
Also who cares? It's obviously not about getting operating capital. It's a net positive and it's definitely true whether it involves a lot of money or not.

That's all you have? BTFO.

>>16473864
>1. Was the former CEO Brendan Playford day trading investor funds?
No. And until someone actually shows anyone any evidence the answer will always be no. Regardless, this man is gone and he probably deserves to be gone. And they've been much more upfront about it than Fantom has slowly replacing their entire Korean team with a bunch of Russians.
>2. How much money was committed by the USAF in the new "partnership"?
No idea, probably none of our business in this early stage. All I've seen is that they have, and I quote the CEO "a working contract". I specifically asked him to specify this because I had my doubts.

>>16473887
Invests in a scam

Says he doesn't care

>>16473911
you're so justed.. slink back off to your discord channel now faggot.

>>16473622
I love this post. It can only be posted by a DAG team member or the Satsgang scammers they pay to post here all day.

Your answers to these questions have never been publicly answered or discussed by the team. Are you a DAG employee or a paid scam artist? You can only be one, you cannot be just a bag holding dag fan like you pretend.

The fact DAG pays people to shill their scam on biz relentlessly tells it all. Everything about this project is a scam. Nice shitload of fake fucking volume. Do you have millions in fake volume if you are not a scam?

According to CFTC guidelines on what constitutes a crypto pump and dumb scam, DAG hits every single metric as a full blown scam. Would you Pajeets like me to post it?

>>16474070
If they are trying to sweep the allegations under the rug that means they are true, otherwise no reason to do that.
So true allegations = company dies and lawsuits eat what's left in their accounts.

>>16474084
Your post says a lot and nothing at the same time.
You're not as smart as you think you are by accusing everybody of being paid and/or scammers while the project you're shitting on slowly moons before your eyes.
Joint Chainlink and Constellation panel about smart contracts in a week by the way. Don't miss it because you're too busy fudding a project that ended up 10X'ing and fucking even more Anons out of gains.

>>16474100
The rumor was true. Look in their TG back in early September 2018. Everyone in their telegram channel was demanding a response. They said "our lawyer has advised we do not comment at this time, we will release a statement in 2 weeks."

Then they disappeared for 9 months and came back to use with Satsgang as community managers and a whole slew of bullshit announcements

>>16474084
>>16474100
You have been trying all day, but as mentioned, these allegations have no support except your speculation whether or not you want to admit it.

They are continuing to deliver, release software and stack new VC while you sperg out on this Iranian chicken farming board.

>>16474138
The liquidity suggests you x10 $50 at most

>>16474151
Just searched "lawyer" on TG and found absolutely nothing. Good one, dickhead.

>>16472312
why do you say that? cause it has sustained it's pumps? anon, just because it goes up, doesn't mean it aint a scam. this whole market is a scam if we're being honest. it's just a matter of to what degree....

>>16474138
imagine making investment decisions based on crypto partnerships speaking on a panel. No thanks Pajeet, back to your mud hut

I will let you in on a secret.

Sats gang coordinated a fud campaign on another coin the other day and combined the fud with dag shills so they could exit DAG and pump OLT

>>16474168
Search "day trading". Have fun finding out your project is a scam.
Also they scrubbed the fuck out of their TG and banned anyone who mentioned it so dont be surprised if quite a bit is missing.

>>16474173
>Refuses to accept that Chainlink is using DAG as the official data validator for their smart contracts and the heavy implications behind them sharing a panel together

Up to you, f am.

>>16474191
I did that too and all it finds is people asking about a rumour they heard of 4chan and them saying that its bullshit. I've still seen zero proof for this claim so I dismiss it with zero proof.

>>16474210
The "community" asked for the paid chainlink partnership so they could Shill DAG on 4chan. Completely meaningless "partnership"

>>16474223
This is the most ridiculous claim I've seen yet.

>>16474210
All you see is what hasnt been scrubbed. They were asked over 100 times by different bag holders to issue a response. They refused and in Sept 2018 the token crashed hard. As it was crashing the community went nuts and demanded them to just say "No Brendan Playford was not day trading investor funds". After months of people asking they simply refused to comply and said they were going dark for awhile.

They raised $33M 18 months ago. FOR THE LOVE OF FUCKING GOD THEY HAVE 4 EMPLOYEES NOW. YOU CANNOT TELL ME THEY LAID OFF THEIR ENTIRE STAFF, 2 Co-FOUNDERS AND EVERY ENGINEER TO SAVE MONEY. FUCK YOU, GOD DAMN

>>16474304
But it's done a x10 on tiny volume and wash traded exchanges. So these new bagholders will defend it to the death. About to get absolutely rekt

Who writes their code? Any source?

>>16474347
Yes the bagholders are dumb as rocks. The Satsgang leech is tied to it and the only reason it pumped. Nobody gets out until ATL after the Satsgang dump.

>>16474357
They outsource to some small company in Poland. Because their $33M investment didnt give them enough money to hire 2-3 developers in San Francisco.

or

They are out of money and surviving by dumping on their own community. This is what happens when youve invested in a failed business. And now Satsgang runs their telegram, what does that tell you?

https://constellationnetwork.io/about/
So all I'm seeing are cofounders and business advisors. Not even trying to fud. Can anyone send me a source to an actual coder?

>>16474357
most of the code was written by the larger team which was mostly legit SF developers that can work anywhere they want.

>>16474477
Makes sense, I'll still take a source if I can get one

>>16474498
>>16474487
>>16474477
Here faggots: https://www.youtube.com/watch?v=jpGp_0e9SBk&feature=youtu.be

>>16474497
Are they still on the team?

>>16472755
This x100. The fact that some anons believe otherwise means that biz has a very low average IQ

>>16474487
The team survives on being not transparent. They have so many skeletons in their closet you cant even count them all. Sadly enough the only people with inside information are Satsgang. Satsgang doesnt like telling the truth, lets put it that way.

Imagine a company who feeds their community information through the filter of a paid pump and dump scam group. They made them administrators on their own community channels.

Bazerka, Rnox33, Headroom, etc are all Satsgang. Google their name and Satsgang for proof.

>>16474530
Everyone was fired. VP of Engineering, all developers, designers, community managers, and Co-founders. All gone after they lost all their funding day trading.

The DAG paid shills and Satsgang scammers will literally argue it doesnt matter because muh Github which literally means one pajeet is working on "something" for fucking ever.

This scam is going to eventually make the news and their CEO is eventually going to be dealing with a class action lawsuit. If you purposefully hire a pump and dump group to run your communications you are a piece of human shit that deserves prison time

>>16474529
That's the cto and one of the 4 founders. I mean a team of developers. Link me more than just this one guy

>>16474588
LOL team of developers. Its a failed businessman and a fake tech guru dressed up like a hipster. they have a CFO to count the scam points and a biz dev guy who fills out grants and does crypto partnerships so Satsgang has something to work with when pumping and dumping.

Look at the etherscans people, all this dumping is landing in wallets in SE Asia. How fucking stupid can you people be?

Imagine getting in this early on Bitconnect

>>16474557
Does the github code work? How has it performed in stress tests? I want to know if they actually have a product, tired of hearing all this chainlink partnership, sbir stage 1 stuff

>>16474667
No and No. This is a vaporware scam only and the team at Constellation Labs are sketchy as fuck. When you are dumb enough to hire a known pump and dump group to run your community you are either a criminal or an idiot or both.

>>16474737
So then what's the deal with Chainlink?They always seemed pretty legit. Whats the significance of them running a CL node? If it's all vaporware did CL do any dd on them?

>>16474737
Why are you so obsessed with DAG? really.

>>16475025
Presale investor, robbed like every one of us. Been there since the beginning watching this team lie, cheat, and steal other people money.

>>16475181
This project is the most obvious scam in crypto

>>16475181
so did they pay way more in the presale than the current price? the feels are yuuuuge

>>16475667
They took the $33M we gave them and day traded it away on shitcoins. Then when our community pressed them for answers they pleaded the 5th and went dark for 6 months.

Now they are back, with Satsgang, no employees, and spamming biz with "announcements" while all new buy orders are dumped into by Satsgang Pajeets to wallets in SE Asia

>>16475755
how much was a 1mm bag in the presale?

>>16475767
Depends what kind of deal you got, some people got it much cheaper than others. They werent very transparent. Why such interest in presale amounts?