Exposing Chainlink Labs and their utterly insidious (paid) shills. Whistleblowers: exposingchainlink (at) proton (dot) me
Nail Salon in San Francisco
Joined May 2024
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I was interviewed on Spanish national television about the current state of Chainlink. Here are some highlights:
What happens to $LINK if the Democrats take the House and subpoena @worldlibertyfi?
Imagine the findings on the @chainlinklabs deals with @SergeyNazarov & @ChrisBarrett just to buy Trump access and dump tokens on retail.
Here is @SergeyNazarov with @WatcherChase & @zakfolkman of @worldlibertyfi, running a money laundering scheme/crypto scam for Trump & Witkoff.
This is how @chainlink got WH access for their failed Clarity lobbying campaign. @ChrisBarrett, who ran it, should be immediately fired.
Chainlink Is A Scam retweeted
You are so full of shit, respectfully. The token is WORTHLESS. It’s $11 after being in business a decade. They walked back every promise to stakers, they never paid GMX fees, they never added price feeds or additional services to their staking mechanism. The token just keeps getting dumped quarterly for Sergey’s fat pockets. This has been going on for a decade. You have no idea what you’re talking about.
Institutions have said out loud they prefer fiat payments. Nothing gets sent to token holders. CCIP has been live for years and the fees keep getting smaller and smaller. The token is down 80% from all-time high, while the rest of crypto exploded. All these integrations have added zero to the token’s value.
Stop lying. The truth is “onchain”, so you’re not fooling anyone carrying water for these demons
Vibe researching certainly would make my job easier, yet I still do it the old fashioned way. I’ve been covering crypto professionally since 2020. I have a fundamental framework I use to value cryptocurrencies, which was applied here. It centers on the competitive angles, risks, and tokenomics. Had calls with the team at Chainlink to address areas where i found gaps in process.
I also think we fairly addressed the issue you bring up:
LINK holders do not receive direct cash flows, so revenue growth may not translate directly into LINK appreciation.
This is a common risk of many cryptocurrencies.
Our base case was demand for chainlink grows in-line with the broader crypto market. 2020/2021 will always be an overhang in the short term for many cryptocurrencies because the price rises were based on no fundamentals whatsoever. With institutions starting to use blockchains, fundamentals matter more going forward.
The only way $LINK accrues value is if @chainlinklabs increases the reserve buyback. Problem: no one knows where that reserve's revenue comes from or whether it's even real.
Meanwhile, the $LINK token plays no role in their products.
My bet: Chainlink will abandon their token.
Chainlink Is A Scam retweeted
Yes and this is a huge part of why the scam is so obvious. When you integrate something and multiply it over the course of several years, the numbers go up. Or at least, they should. Not here
If you ask around this space what the most successful retail scam project is, I’ll answer very quickly: it’s Chainlink.
After more than 3 years of operation, their fee revenue still averages only around $500 a day.
Haven’t they integrated thousands of projects since 2020? It’s all just marketing, and there’s no real demand from the partners.
The $LINK token has been dropping in price since 2020, and you still believe them?
I called this bozo, @IOV_WOL, out for his softball interview with Chainlink a few months ago and he immediately blocked me. Not surprised he's "invited".
You're only welcome at Chainlink events if you kiss their ass like just @CryptoMichNL & @QuintenFrancois.
Chainlink Is A Scam retweeted
This guy keeps shilling the $LINK token non-stop, yet his portfolio doesn’t hold a single $LINK token. This makes it clear he’s being paid by Chainlink Labs to promote $LINK. In this space, you shouldn’t trust anyone just because they have a large following
The weekly update on the #Altcoin portfolio.
It's currently at $180,000.
At the start of August, it was just $75,000.
I'm currently 85% allocated into the markets, as I do continue to expect to see a strong move in the coming period on #Altcoins.
My largest allocations are:
- $EIGEN
- $W
- $PLUME
- $TAO
It's a great mix of Ethereum ecosystem, Solana ecosystem, RWA and AI.
I've scaled down my positions into $NEAR and $GRASS (the last one was fully closed for a 120% gain in less than two weeks).
I've added in the recent correction into $PLUME and $EIGEN.
I'm planning to be writing weekly updates, but if you're looking for real-time updates with all of my trades (sells and buys) and educational content + extra daytrades, join me here:
xitter.cf/CryptoMichNL/creator-s…
Chainlink Is A Scam retweeted
Chainlink's Reserve buys $1.1M of LINK per week. A single quarterly unlock dumps roughly $240M worth. The math is brutal.
#LINK #Chainlink
Chainlink Is A Scam retweeted
@chainlink did 40 integrations alone in September and the price of $LINK goes down
One of the two is true: Tokenomics is significantly broken, or Chainlink doesn’t make any revenue off these partnerships.
Pick one.
On the CLL payroll for probably $250k a year:
This is where my job as a PR girl comes in.
My job is to take incredibly technical concepts and translate them into stories that anyone can understand. And today, tokenization came up again and again: What is a tokenized stock? How does it work? What infrastructure makes it possible? How is Chainlink powering it?
These are complicated concepts, but they don’t have to be complicated stories.
I genuinely think the language we use to talk about crypto has been one of the biggest barriers to the industry reaching a broader audience.
Chainlink Is A Scam retweeted
" $LINK is the future. "
"yOu DoNt UndErsTand yOurre DumB... iTs CallEd hyperchainlinkcuckization"
meanwhile...
LINK PRICE 9/2021 = $26
LINK PRICE 9/2026 = $12
Chainlink Is A Scam retweeted
The $LINK community is one of the most disingenuous I’ve ever seen. They were all about CLARITY until it failed. They were all about SWIFT November until it came and went. They were all about Trump until he dumped on them. They were all about Eric Schmidt until he bailed. They were all about Kemal until he bailed. They were all about John Wolpert until he bailed. They were all about Arbitrum until it fizzled. They were all about BUILD and now call it an obvious scam. They were all about GMX until it became apparent they weren’t getting their cut. They were all about NFT’s until they went out of style. They were all about SBF until he ended the industry. They were all about Securitize until they chose the competition. They were all about staking until it became a scam. Same Celsius, same Bancor, same everything they ever claimed would make them rich. Pure scum.
You should search in @ChrisBarrett's posts on "DC" or "Clarity" and consider absolutely nothing positive has been achieved by Chris.
You want to know why? Because that's the culture at @chainlinklabs. That's why staking is nonexistant. That's why CCIP makes $500 in a day.
These two imbeciles have made countless trips to DC lobbying for the Clarity Act, only for it to fail miserably.
Another PR disaster. The entire Chainlink team is incompetent and no one will be held accountable.
Instead of hiring a competent lobbyist with a real network or retaining a GR firm, @chainlinklabs sent their comms clown, a failed actor wearing a baseball cap inside the Capitol, to pitch the Clarity Act.
The result? Clarity won't pass.
Chainlink is not a serious project.
Mmmmh, but Chris said Clarity was coming?
Who would you rather believe? @renato_mariotti, a former federal prosecutor or @ChrisBarrett, a failed actor, totally incompetent for job he's been hired and known as a pathological narcissist that currates his Twitter timeline.
@renato_mariotti says the message he heard from members of Congress and staff in D.C. this week was clear:
“Clarity is dead.”