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/biz/ - Business & Finance


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26029897 No.26029897 [Reply] [Original]

Ripple:
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.26030185

no one cares
those are just fines

>> No.26030256

>>26029897
Yeah except chainlink isn’t going to have 21 overqualified lawyers to defend them.

>> No.26030336
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26030336

>>26029897
no

>> No.26030425

Chainlink is literally a Cayman Islands scam

>> No.26031155

>>26029897
Chainlink
LINK
·
2.00

Designed to bridge the gap between on-chain smart contracts and off-chain businesses and data
The ChainLink mainnet went live in May 2019
ChainLink interfaces with Smart Contracts on the Ethereum blockchain, and is intended to work with multiple networks in the future.
Token sale in September 2017 reportedly for $32 million USD
Reportedly fully open-sourced

Asset last reviewed: September 4, 2019

https://www.cryptoratingcouncil.com/asset-ratings


its not. stop this retarded FUD

>> No.26031366

>>26029897
sage