Thread 60897360

>company uses revenue that is a direct result of its own hard work and development of the protocol, for future development and sustainability of the same protocol they created
that's it im calling the cops on sergey

>>60897360 (OP)
>>60897179

Already got this thread

token holders paid billions or token holders bought for 15 cents on etherdelta? make up your mind

>>60897370
He made a new one because this was posted. Allow me to carry the torch this time.

>inbred mouthbreathing sandnigger trying to post another heckin twitter screencap thread
>he wants to make sure we see this staged argument with himself on a sockpuppet account so that people can see he "turned a new leaf"
Nah. You're still fucked Adem.
So anyway, wtf is a 'porn identity' and how do you 'peel back layers' from it? Do we need Bram and Edem to stage another family intervention for you? (No wife or kids to attend obviously)

>>60897387
Based and thanks
>>60897360 (OP)
You cant run from the questions by just shitting out more threads Adem, you shit-eating Algerian rape baby:
WTF IS A 'PORN IDENTITY' AND HOW DO YOU PEEL BACK LAYERS FROM IT?

>>60897360 (OP)
Isnt it possible that this "off-chain revenue" in reality is how current traditional finance is paying to adopt CLL's services?

What are they gonna do? Spin up their metamask and coinbase account and buy the tokens directly OTC on-chain? Especially when there are no direct onramps yet that are federally legal for global enterprise?

There is no direct proof that they are pocketing the money. And it bolsters the fact that they are a very profitable company if people assume that they have billions.

Their employees are growing, more development is happening, and more progress is being made. These off-chain deals can't be made on-chain until it all comes into full production.

>billions in off-chain revenue
>hundreds of employees
>works directly with the federal government
>100 billion in total value secured

>>60897360 (OP)
The X user says that Chainlink Labs is getting more and more revenue from the now built Chainlink network
That seems very bullish

>>60897360 (OP)
>be me
>stoned, staring at fucking dextools again
>integrity dao chart looks like it’s trying to escape earth’s gravity
>say fuck it, ape in
>wake up, it actually 2x’d
>holy shit did i finally win?

>>60897603
>There is no direct proof that they are pocketing the money.
they admitted to it

>>60897360 (OP)
it's not revenue from the network (which continues to be quite low)
it's revenue from blockchains and institutions paying for integrations
cardano was quoted $15m for integration kek

>>60897667
They are a privately held company that can do what they want with deals they make on a traditional basis.

It would be more concerning if they abused on-chain funds rather.

>>60897667
There is a stark difference between Charles forcing a hard-fork in order to claw back unclaimed ADA into a slush fund and revenue paid for by integrations, deals, and contracts that inherently doesn't need to happen on chain.

>>60897360 (OP)
>Reserve
the capitalization confirms that it's some retarded marketing/propaganda stunt

>>60897387
Kek! he really riled you up, didn't he. Kys obsessed faggot

>>60897360 (OP)
chainlink’s original pie chart (1b link minted back in ’17) was **35%** earmarked for node incentives, **35%** dumped into the ico, and **30%** retained by smartcontract/chainlink labs for “development.” fast‑forward—those node‑incentive tokens never left a multisig ultimately steered by cl labs. on‑chain sleuths have watched the same wallets dribble link to cexes whenever payroll + marketing burns get spicy. functionally, that means the lab can tap **65%** of the float whenever they feel “strategic,” because the node war‑chest still sits under their thumb. yes, that’s commingling in everything but name.

why the subterfuge? because economics: node ops still bleed money. feeds pay out peanuts (single‑digit bips per tx) and off‑chain reporting slashed hardware costs but not to zero. after six years, only the giga‑nodes (ppllike chainlink‑automation, chainlayer, figment, etc.) keep lights on, and they do it with otc link stipends from the mother‑ship. the long tail either volunteers or runs at a loss waiting for “hyper‑scale” that, idk, keeps getting punted to next quarter with staking v0.2 narratives.

meanwhile cl labs sprouted to \~700 heads bc they’re a quasi‑saas shop now—ccip, data streams, tx abstraction, the whole modular‑rollup buffet. growth curve looks vc‑style, but the revenue curve? shrug emoji. so tokens = op‑ex. when the treasury address cold‑swaps 5‑10m link to kraken every month, that’s salaries + cloud bills, not altruistic node farming.

* the 35% “node reserve” was never truly ring‑fenced; it’s dev treasury part2.
* node operators aren’t self‑sustaining and probably won’t be until fees eclipse chainlink’s own subsidies—no line‑of‑sight rn.
* cl labs disclosures are minimal on purpose; admitting the above torpedoes the “decentralized oracle network” ethos.

>>60897695
LOL WHAT. So you are conceding they are defrauding token holders funneled through their traditional business and using them as corporate paypigs but it would only be a problem if they did so on the public blockchain where it would be demonstrable in terms of the token itself? You are fucking RETARDED/KEKED as FUCK by SIRGAY

>>60898554
My xripple branded coffee tastes like plastic and metal

>its all on chain
>Ok its a bit off chain but mostly on chain
>Ok delete the metrics its mainly off chain but we will buy back some tokens while we continue to sell 40x more worth of tokens.
Lol

>>60898554
Once again fuddies are so behind the curve it's not even funny. I posted about this weeks ago. There is a difference between revenue generated by the Chainlink network and revenue generated by Chainlink Labs. One is infrastructure, the other is a private company.

>Chainlink is pocketing revenue from the network
Oh glad to hear that Chainlink is profitable. Bullish.

>>60898783
>Ripple the company and XRP the crypto are entirely separate!!
oh, now I see why people are calling LINK XRP 2.0

>>60898850
Yes, that's why Ripple is raking in money with their products that have nothing to do with XRP, don't enforce the need for XRP or use XRP as any sort of moat.

Chainlink has a similar structure: a private company developing a "public" network while also developing their own products (CRE, ACE). The revenue of these products isn't inherently linked to the public network (it's off chain), as wouldn't the products of other parties developing applications on top of the Chainlink network. Instead these applications use the network as a backbone, so while revenue isn't inherently shared, they all require the LINK token to use any of the other "publicly accessible" features of the Chainlink network (CCIP, VRF, Keepers). They are completely moated in.

So to summarize: Chainlink Labs is simultaneously much craftier/smart than fuddies want to admit, and much fairer than fuddies like to imagine at the same time. Must be frustrating.

>>60897360 (OP)
I can't argue with that, the reserve is basically just a bone they throw at us, if even that.

Doesn't make me any less bullish about the token long-term though. The fact CCL is stockpiling the tokens instead of burning them like any scam project would do show that they actually see them as being valuable.

>>60898868
>yes, they are identical
great, thanks for clearing that up, that's precisely why I'm never touching either of them shitcoins

>>60898971
I accept your concession.

>>60897387
reminder for all... the guy that tracks the masturbation habits of a random dude online, is telling you that you aren't healthy

you can't make this stuff up

bro what would you tell someone who saw this on your screen lmao

>>60897603
>Especially when there are no direct onramps yet that are federally legal for global enterprise?

wait so they're a us company now? what current law prevents this?

remember when sergey used to make it sound like adoption was imminent with asian countries a few years ago
you got played hard

>There is no direct proof that they are pocketing the money.
where the fuck else does it go

>And it bolsters the fact that they are a very profitable company if people assume that they have billions.

if you include token sales they are profitable...they've raised billions
if not, they are running a massive deficit


>>60898554
well said

i love that they abandoned TRUTH>TRUST

the new motto is "we owe you nothing"

>>60898783
>Once again fuddies are so behind the curve it's not even funny

you're down 55%

>>60898868
>duuuuude we won

xrp did a 7x from last fall to this summer