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Sounds like a lot of hot air. There's a lot written about how some new companies are going to encourage LINK use and reward the users (doesn't exactly sound ver
by AgentME 8y ago
Sounds like a lot of hot air. There's a lot written about how some new companies are going to encourage LINK use and reward the users (doesn't exactly sound very decentralized), and then a bunch of vague lines about how LINK can be used to incentivize users of decentralized apps (dApps) of every possible category. Nothing specific about those dApps though. Where do they run? Ethereum? A brand new blockchain with its own vm and language? Systems that focus on just a single of those categories have had a lot of hard technical problems in being decentralized, but LINK is going to accomplish all of those?
New cryptocurrency press releases that read like press releases and spend all the time talking about company partnerships rather than the difficulties and trade-offs of decentralization almost always end up being pump-and-dump schemes in my experience.
- jstandard 8y agoThe interesting point here is that they aren't doing an ICO. This reads to me more like a blockchain exploration of a rewards system from a large company. Far less likely to be a 'pump and dump' than the me too altcoin of the week startups who focus on ICOs and being listed on bigger exchanges instead of what value is actually being created.