JJH ๐ โญ๏ธ
6.4K posts
@everythingdot
Watching history in the making/ lover of all things DePin+ DeFi +Web 3.0 Its nice to be important but more important to be nice.
questioning this
Chainlink in 2024 Another year has come and gone. And yet again, Chainlink underperformed the market and has seen no uptick in CCIP usage. Lets list all the bizarre actions of CL labs 1) BUILD rewards not coming due to regulatory issues. This is quite ironic since CL labs has no issue dumping millions of LINK in illegal financing on an unregulated Chinese exchange. Several American crypto projects have airdropped tokens to their users aswell. However even if BUIDL rewards were distributed, all these tokens rugged anyway. 2) Two new ''releases'' (ie testnet 0.0.0.0.0.0.1) were presented at Smartcon. CRE, which enables companies to ''test'' Chainlink (quite funny since banks were already using it according to paid advocates). And the payment abstraction layer, which is quite useless since nobody uses CCIP or any other products. 3) 2024 has seen an increase in CCIP usage of precisely zero. In Q1, due to data errors, CCIP showed a usage of 7 figs. Official accounts like LINKPOOL immediately used this to promote CCIP. Of course it turned out to be a mistake and these posts were quickly removed. 4) Chainlink official decided to block all critical voices on their twitter handle. This happened because more and more people were waking up to the grift. Now they resorted to buying Twitter ads in an attempt to increase engagement since nobody cares anymore. 5) CL Labs forced Chainlinkgod to dox, in an attempt to ''legitimize'' the community. Also Sergey wants Zach to take all the heat. Ironically, (or not), CLG turned out to be a Reddit neckbeard who dresses just like Sergey. 6) Zero updates regarding staking, which shows there is zero demand for this feature by clients (does CL have any?). 7) Chief Product Officer, Kemal left the company. Kind of strange to leave a company which supposedly is on the verge of exploding into the mainstream. The real reason obviously is that he saw the shitshow this company was in and didn't want to ruin his resume any further. 8) CL labs employees continue to gaslight the public into believing CCIP is the standard, even though it doesn't even rank in the top 10 on defilama.com 9) Eric Schmidt cut all ties with Chainlink after his love affair ended (who forced him to speak at Smartcon 2022/2023). 10) And finally, in another pathetic attempt in staying relevant. Chainlink released its own shitcoin factory feature. Even partnered with leading shitcoins SHIBA and APU, which enriched its holders more than LINK holders. I am excited to see what 2025 will bring !!
