CLC Group

Their contract requires 2k ETH deposited otherwise it refunds people?
Can someone verify that?

etherscan.io/address/0xe651763f0138232a67303e3eda57c9328ea66e3d#contracts
exit scam?

linkpool came out when the project had way less visibilty while link was at all time lows and came lose to hitting their cap..... CLC hasn't even hit 10% of their ridiculous soft cap

nobody cares about this POS cashgrab

It does indeed automatically refund if under 2k Eth have been deposited

They'd have more sales if you didn't have to be an accredited investor to participate.

good, was worrying an exit scam was coming
well, still sooo far from the goal.

they will continue even if they don't get the funding they said

They won't

>linkpool came out when the project had way less visibilty while link was at all time lows and came lose to hitting their cap..... CLC hasn't even hit 10% of their ridiculous soft cap
LINK had less visibility, but Linkpool had more visibility than CLC has right now and Linkpool was also more trusted by the community.

LP shares also give a percentage of revenue CLC group shares are equity, which means you only get a share of profits after the costs have been paid for (including wages for the team).

Despite this, CLC group has valued 25% of equity much higher than Linkpool valued 25% of revenue.
If this attempt to reach softcap fails, I think CLC group should either wait with their fundraise until they have higher credibility and are seen as lower risk, seek VC funding instead (doubtful it will be 2-4m company valuation) or do another try with different rules.

Things they can change to make it more appealing:
1: Lower company valuation. Either reflected in % of equity or lower soft and hardcap.
and/or
2: Make it guaranteed revenue percentage instead of equity.

I expressed some interest and asked some questions and mulled it over, but in the end I decided that I will not participate in this round. Maybe that's an opportunity lost for me, but I think other opportunities I know about are likely to yield me more, and/or have much lower risk to the point that I am okay with lower potential returns.

Honeycomb especially has very high potential if done right. I'll reconsider if they change the terms of their share sales for a 2nd try, assuming softcap fails in round 1.

Fuck off Timo

I'm saying I'm not buying and I expect them to not meet the softcap. How the fuck would Timo say that?

Keeping an eye but they haven’t whitelisted me yet and I applied 2 weeks ago.

giv me ur linkies biz need to buy back my lost linkies i promiz not to swinglink eva again -with love timo

goodluck with ur ids user some muzlims gonna use it really soon

Because it's clear they're gonna attempt a second slightly lower priced cash grab.
Fuck CLCG and fuck Timo don't ever give them any money ffs no matter how they try to redeem themselves

I put in 5 ETH in what should I put that if I get it back?

Oh. That makes sense.
You seem very upset with them. Is it mostly just due to Timo or are there other big things they fucked up?

This. I really liked the idea of of having revenue sharing based on smartcontracts and tokens. I'm really wary of holding equity in some estonian shitcoin factory. Way to show you've got a good grasp on the tech, idiots.

They're a stain on this community of otherwise fairly intelligent individuals.
They recruited off here with the intention of getting quick easy money. The swing trading and sentiment swaying and then the weeks of neet nodes spamming by Timo was the final nail in the coffin.

Are the other team members implicated in this?

Is it more like "he's maybe guilty of being a part of the group of people coordinating sentiment swaying" or is it more like 100% certainty and everybody knows?

If they never had anything to do with Timo to begin with, would you have negative sentiments towards them?

Timo was what pissed me off enough to even look into them. Would you value a group of Jow Forums anons who came together on a discord server at $7 mill? They tried and failed end of story

Timo did this publicly in discord. Told everyone not to buy back until 30 cents. There's no speculation here

Lol he can’t keep getting away with it

They could have asked for like 100k to get the project rolling, prove themselves as useful then launched an ICO if they were serious about it and wanted to go for it full-time.
Greed got the better of them and Timo fucked them in the ass by showing his true colors.
Bunch of good lads in the team, but the refusal to get rid of Timo backfired hard.
He doesn't give one shit about CLC or LINK and is now off getting drunk in Australia.

>hey could have asked for like 100k to get the project rolling, prove themselves as useful then launched an ICO if they were serious about it and wanted to go for it full-time.
This seems like a good idea. Idk of 100k, but much smaller valuation than what they did at least, then a 2nd round that they guarantee will have a price at least 10x of the first round or whatever later like you said.
I see. Understandable. Still interested in what has to say. He seems to have a wider problem with CLC and I want to know what it is because if it's really bad then I can just forget about CLC and not give a shit about whether they try another round or not.

Same poster different IP.
Just hold LINK man and trust in Sergey and Co not this pink manlet

I tried to defend the project after burak revealed his power level but it was already too late, the timo shit has poisoned any discussion about it. The obsessive hatred against name faggotry is part of Jow Forums culture, even if it is not rational there's no point arguing against it. It's just a shame that very few here have seemingly thought deeply about all the implications, just because shit posting and joining the mob lynching was more fun.

Why is Burak based?

Long story short, the dude is unironically a genius, and the kind of genius who doesn't reveal himself unless you do your due diligence. I won't be spoon feeding. It's useless for now anyway. Dig for his messages, try to poke holes in the ideas and see what kind of solutions he conceives, and come to your own conclusions. If they ever get a second chance and succeed despite the odds, it'll become obvious.

Even if CLC heavily overvaluated themselves and so on
doesnt anyone see the need for these things+
I think Honeycomb & Nodary seems really useful
Listing service(but LP took that part)
like, valuation aside, they'd be useful

Bcuz ur literally talking to Timo and this is all hes got to try and save CLCG

>I know something you don't know but i'm not going to tell you
Looks like CLC is planning on another round of crowd sell

The problem is they have indeed good ideas, a smart project, a solid wp, but they totally screwed it all up with the high valuation. I hope they get an angel investor though

Buy some AMB. Will pump back to ICO price in 2019, so an easy 7x from here.