When is this piece of trash also shutting down operations?
Oh stiiiinky
>>61171719When the price reaches $0. 2 more weeks
>>61171719when chainlink labs dumps their last link token on bagholders.
>>61171719with clients already, from banks that attend Sibos?
>>61171719Chainlink has the highest adoption rate by far, especially from outside of crypto.They'd be the last crypto to shut down operations, unironically.
>>61171719probably when Sergey finishes dumping in 2028no revenue = the project is over
>>61172578>no revenue = the project is overCLL has so much revenue that as soon as they automated user payments with PAL, they had to create a reserve to catch all the overrun.
there is literally nothing to FUD about chainlinks adoption so fudders have to resort to outright lies
>>61172795there is literally nothing positive about LINK's price, so shillers have to resort to partnershipslol, lmao even
>>61172758>CLL has so much revenue that as soon as they automated user payments with PAL, they had to create a reserve to catch all the overrun.I have to call bs on that one, but maybe I'm not even sure what you're saying. What do you mean by catching overrun? With all of the employees, I'd say their annual operating expenses are at least $150M. It's doubtful they even have an annual net profit. But if you can show otherwise I'm willing to stand corrected.
>>61173956They're profiting all rightFrom the billions of dollars in token dumps
>>61173956>I have to call bs on that one, but maybe I'm not even sure what you're saying. What do you mean by catching overrun?Users are paying in whatever, this gets autoconverted to Link, and this automatically goes to pay the nodes.There's a profit margin (in Link) on top of the pure node fees, and this goes into the reserve.
>>61173970I meant not considering the token sales. These shouldn't be factored in because they only have another few years and then operations need to be sustainable. >>61174043Ok so at least there's a profit margin on nodes. But the whole operation as a whole is most likely running a loss after factoring in overhead (mostly labor) costs.
>>61171719LOL I DIDN'T REALIZE THE KADENA CHAINLINK THREADS WERE BECAUSE KADENA SHUT DOWN OPERATIONS, HOLY SHIT I FEEL SORRY FOR THOSE BAGGIES
>>61174121>But the whole operation as a whole is most likely running a loss after factoring in overhead (mostly labor) costs.Setting up and running contracts is not very labor intensive once you have the fundamental tech ready.The absolute vast bulk of the overhead is going to fundamental development of comprehensive features like CRE or Datalink. Both of which are being used by tradfi institutions right now (UBS, S&P, ...).
>>61171995Cope. Non scam coins such as BTC and XMR will never shut down. Chainlink runs out of tokens and funding in 5 years and it can deathspiral even sooner if the token were to crash to the point token dumps cant keep up with the 1000 useless roasties cl hired
>>61175841Reminds me of this post. I've never noticed before that he saw "WE recommend you sell"
