I don’t think really anyone has a problem with their honeycomb service. It’s cool for the ecosystem to have a marketplace to buy data directly from.
I think the FUD stems from the Clc group shilling their token that exsists only to raise 7m in funds.
what does this pic have to do with CLC in particular? anyone who has ever built a web/mobile app knows how APIs work and understands that quality data isn't free, but what is the basis for their ludicrous 7MM valuation? you do realize that you could make 3MM+ monthly calls to the CMC API for less than $10k right?
$10k/year that is
If you don't see how paying $10k up front to serve contracts that might not have even been written yet could potentially constitute a barrier to entry, then sure, you might not grasp why they're important
Bump
clc are the worst thing to happen to the chainlink community
it's not a barrier to entry because it's not paid upfront, it's paid in installments that correlate to the amount of stress your application (or smart contract in this case) causes on their resources, and it is an intentionally designed scaling system so that developers can test the viability of their applications before forking over a whole bunch of dough. but i'm just literal retard with a keyboard so maybe you can explain to me how the services offered by CLC justify a 7MM valuation so that people like myself and can be persuaded out of our present opinion?
they need to fire timo and cancel their pointless token sale for a start
i'm in complete agreement with you there
>invest in LINK because of the value in disintermediation of middle men / trusted third parties
> invest in pathetically low-effort middle man / trusted third party business
pick one