DAG just announced they raised a round of capital today from Moonrock. This will dilute their current investors. They wont say how much they raised or how much this will dilute current token holders.
Instead they used a PnD team to pump their razor thin books to make it look like its mooning. This is the first time in the history of the financial world that a company announces its diluting current holders and the price moons. The best part, the idiotic community didnt ask how much was invested, how much they will be diluted, or why they needed to raise capital after taking on $33M just 18 months ago. Where did all the money go.
>PROTIP They day traded all their investment capital away and covered it up.
Why isnt the community in an uproar over this capital raise? The team told them they had 3 years of runway a few weeks ago. The team said the departure of their entire staff wasnt due to financial issues. The TG of the company is flooded with memes to prevent meaningful discussion.
funniest thing is that Moonrock is literally run by a few twitter shills lmao how hilarious is that?
Joseph Kelly
This will end up being the biggest scam story since BitConnect. Not a single investor asks a single intelligent question. How in the fuck do you get lied to about their financial position, watch them take on new investment a day later, dont ask how much or why, get diluted and dont know how much you will lose.......and then scream we are going to the moon.
Oh My Fucking God this has to be a joke
Robert Watson
So does this prove they have been lying the whole time? They did say publicly they had several years of runway and they did refuse to discuss losing millions day trading. They even said all those employees didn't leave for financial reasons. It's looking like the whole thing was a lie
Luis Foster
Yes this proves they were lying to their investors and the community. The community could have easily figured this out by asking questions but questions like this are banned as FUD. I just don't know who falls for a scam like this in 2019
Isaac Baker
FUD ended up being right. Only on biz does the truth come out occasionally
Mason Price
Pennygang and Satsgang both notorious PnD teams are now in full control of DAG telegram channels. I want no part of this. It went from a respectable project with some potential to a bunch of lies and half truths pumped by criminals. Everything is artificial including communications and announcements. Starting to hate DAG
Gavin Lee
Definitely not the biggest scam since BitConnect. These ICO scams are a dime a dozen and this shitcoin has dumped since day one of trading. To say this will be as big a scam as Bitconnect is implying it will ever reach the notoriety of Bitconnect which is impossible unless it also hits a billion dollar market cap, which is basically never going to happen
Zachary Reed
I agree it will never hit a respectable marketcap because its 2019 and people arent as stupid as they used to be. Plus the PnD crew is temporary once they leave it will crash. But these pieces of shit are US based, doing this in the name of the USAF. When the USAF finds out they are using a tiny SBIR grant as the catalyst of a crypto PnD scheme they will have to publicly distance themselves which will collapse the whole house of cards. Believe me if the USAF had any idea what they were doing in their TG and in online communities they would have already done so.
Josiah Rivera
lol i hate that fucking cunt lucky or whatever is his name, fucking piece of shit i seriously hope that motherfucker dies
Josiah Phillips
You can thank the CEO Ben Jorgensen for bringing him in. He realized his project was dead and out of money. He knew he would get roasted for raising capital because it proves he was lying the whole time about the day trading shit. So they raised capital, made a quiet announcement, then the PnD crew spammed memes nonstop to bury any questions and distract the idiotic community.
Cooper Young
My god you fudders are PATHETIC. The cope hurts i guess. I know...bribg in your elite pajeet investigative journalist.
I hold a decent amount of constellation. How much are we being diluted with the new investor?
Owen Sanchez
Do you really think a paid PnD shill can answer that question? Do you think he even gives a fuck? Look at their TG for the love of God. They announced a capital raise today via twitter and it hasnt been mentioned even once. You fucking idiots are about to be diluted and instead you have a PnD crew pressuring you all to double down. Use your fucking brain man
Adrian Edwards
I am just a nirmal investor. At a 10 mil usd cap this will reach Fantom's level in no time. At this price, it is a no brainer. You are only fudding because you do not own any. In fact, no successful people waste their time fudding. I pity you user.
John Gutierrez
But you cant answer any of the FUD pajeet. Its not even FUD these are facts. Today Constellation took on an investor which will dilute all shareholders. This also proves they were out of money the whole fucking time they said they werent and they fired all their staff because they were broke. In every other market an announcement like this is followed by a sharp selloff. But not DAG, their investment community is so fucking stupid they actually bought more. At this point its Stockholm Syndrome
Easton Myers
They are only facts in your derranged mind. You are vastly overstating everything. It is mooning because crypto experts left and right are beginning to praise it.
Adam Garcia
>Today Constellation took on an investor which will dilute all shareholders. You retards are just seething.. yesterday it was "they are out of money" now they land new investment and "oooo muh dilooshun".. fucking give up, you can't stop this one, get on board or seethe forever.
Easton Barnes
You dont answer questions, this isnt a conversation. I bring up relevant information and you just tell me how its going to the moon. while your PnD team manipulates the price.
Your rationale only makes sense to small money idiots and your bagholder base will never grow beyond.
Nolan Brooks
SHOW ME PROOF our investmebnt will be dilluted. Stop fudding abd show PROOF. Oh yeah...you can't. Moonrock is partners with VIDT as well.....idiot.
Connor Wright
FACT 1: The entire team abandoned the project. You cannot show me more than 3-4 people that are still employed at DAG.
FACT 2: The team lied about their financial position when questioned and claimed to have 3 years of runway. Today they raised another round of funding.
FACT 3: The team was accused of losing millions to investor fraud day trading with their funds for massive losses. The team officially ran through $33M in 18 months while spending less than 20% of it on running its business. They refuse to discuss where the money went and pleaded the 5th about the investor fraud allegations claiming their lawyer wont let them talk about it. FACT 4: The investment will dilute all token holders. Not a single fucking idiot in their community has asked how much they raised or how much they will be diluted. FACT 5: They ban anyone asking DD questions that cause them to answer something that puts them in a negative light such as why everyone abandoned the project.
FACT 6: The USAF "partnership" is nothing more than a SBIR small business grant for $50k that was paraded around as if it was a major partnership.
FACT 7: They have multiple known PnD crews manipulating the price, manipulating the community and took over all communications. The team is allowing this to happen and their intention is to dump on all investors.
FACT 8: Trade books are razor thin, and $3-5k can moon the token. This is what they are doing now.
Those are fucking indisputable facts bitch. I already know your response (100000X EOY you just jealous its all a lie why you doing this you suck)
FUCK YOU SCAM ARTIST PAJEET CUNT
Dominic Allen
>You dont answer questions, this isnt a conversation. I bring up relevant information and you just tell me how its going to the moon. while your PnD team manipulates the price. you sound troubled user.. where did he touch you? there will be absolutely zero dilution experienced by coinholders because of the money they are taking in. It will not affect the token market except that it will pump the price as they use the money to add new devs and marketing. ur seething senpai.. get over it.
Dominic Jackson
You dumb fuck how do you think 2nd round investment works. You HAVE TO BE DILUTED. I swear to God im arguing with 15 year olds
Jordan Jones
This is not public information. So now that we know we have one of the 3 DAG employees in the chat why dont you explain how the FUCK a second round doesnt dillute first round investors.
Lincoln Clark
Such insiderism!!! man this shit is mooning and you are just a butthurt tranny slinging shit at the rocketship. go do something valuable with ur time dude. nobody cares about those outdated "facts" now that they have new investors, are building a new team, and have an epic codebase to work from. Say poor if you want user, in fact I support it.
Julian Rogers
> You HAVE TO BE DILUTED. I swear to God im arguing with 15 year olds Fucking retard. NONE OF YOU NIGGERS ARE EQUITY INVESTORS. fuck.. the actual state.
Jaxson Gutierrez
Like I said, you cant even respond. None of the FACTS matter to you because you just call them old. They are still facts. Lets say Moonrock invested $20M. Imagine how cheap they bought it. Now imagine how bad you get diluted. Now KYS
David Smith
OHHHHH so its an equity investment. Great now the team has NO FUCKING INCENTIVE to moon your fucking token. Those investors didnt invest in the token they invested in the technology that will be licensed to 3rd parties outside of your token. The companies EQUITY was worthless before, but now thats where the money went. LOL you people are sad.
Nathan Cooper
> You HAVE TO BE DILUTED. I can tell you have no real investment or business experience at all, and that you were DEFINITELY never on a founding or management team of a startup. Equity investment is completely different than tokens and would only volster that market with fomo, but have no economic effect other than that. Sure maybe on early EQUITY investors, but thats not you, not even close. If they bought tokens all it does is create demand because those tokens were probably already in circulation.
You actually have no idea what you are talking about. You don't know the terms on which they invested and you are just making up nonsense FUD. Come back when you have proof of the terms and when you can explain what kind of "muH diloOshun" you are even fucking attempting to talk about.. jeezus fuck I can't believe you type this shit.
>NO FUCKING INCENTIVE Also the most retarded thing I have ever read. How did you do that? The team still has incentive, they still have tokens, they still have agreements and stakeholders.. Maybe read a basic investment book or poke your head up out of this shithole once in a while. People invested in companies before shitcoins existed genius. Most real projects run simultaneous traditional equity raises at the same time they are selling their shitcoins and a lot of investors choose to participate in both. You are just a luddite trying to tape together words to create low effort FUD and you sound like an idiot.
Josiah Jones
Ok so how can the investors recoup their money if the whole Constellation value is in tokens? Where will they get revenue? Why did they invest?
Ethan Phillips
>Ok so how can the investors recoup their money if the whole Constellation value is in tokens? Where will they get revenue? Why did they invest? Constellation DAG is a real company, with a real cap table. For equity investors it works the same way it does for any startup. They own shares and can sell them on an acquisition or IPO.
Mason Morales
How can you compare DAG to Fantom's 35+ Core devs, peer reviews research papers, affiliated research institutes and universities contributing to development, etc...
Luis Sanchez
WRONG....moonrock has less than most if oyr telegram members. You are a stinky pajeet of the highest order.
Christian Sullivan
Fantom team started off as ponzi scammers....just please stop taking.
Parker Peterson
shillrock*
Blake Reyes
Explain how constellation exits with their investors. Explain why they would use a shill VC. But most important explain how they ran out of $33M in 18 months with only 15 staff.
Michael Morris
This is where the fud theories really lose steam. You want me to believe that the publicly identified, US based DAG team members are not only defrauding their investors/holders but also willingly chose to defraud not only the US govt but a branch of the military over a 5 digit grant?
Charles Lee
$DAG is the most controversial coin ever. Bc it will free us from economic slavery. We are DAG FAG$
Jack King
100k suicide DAG stack to make it guys.
Nicholas Lewis
Yes because its happening. Look at their PR on the web and community announcements Then look at the SBIR website that stipulates the maximum amount is $250,000 Then look at the PnD crew the team brought in to manage their community. Watch them pressuring people to help them manipulate the price. Watch them refuse to answer why all their employees left, how they lost $33M in 18 months, and why their whole team abandoned their project. Watch the PnD crew attack anyone who asks these questions.
How the fuck do you not see that?
Levi Young
As a neutral observer, the order books are wayyyyy too thin, they've always been way too thin, and most of the price action is by bots buying $10 worth here and there, and then one person FOMO buying like .1 to .3 BTC worth because they see a big green candle and the 35% increase or whatever. Yes, there's money to be made but it could easily do a -40% if like 2 bagholders market sell, which would be wise to lock in profit as this is in overbought territory right now. And yes, I know they have a USAF small business contract. But the books are just... I'd rather miss out than get absolutely btfo. Whatever you do, be safe out there guys.
Jace Thomas
>be Dero >have the best technology on the market today, team follows through with all of their promises, open intelligent discussion in their main chatroom >post thread on Jow Forums >first 4 replies are "DERO IS A SCAM" over and over again, then the thread dies
>be DAG >absolute trash, no transparency, meme tier garbage >20 threads on Jow Forums full of nothing but memes >anyone who tries to have an intelligent discussion about it gets flooded with memes
The rumors were right: If Jow Forums wants to talk about it, it's most likely a scam, and if Jow Forums attacks it, it's probably legit.
