Perlin didn't cure cancer 😷
PERL didn't cure corona either. Here is a mind-blowing update from the infamous moneygrab.
I am bored, so FUD included.First, in short ❌
PERL IS REKT AF1] Tech team could not complete mainnet on time
2]
Mainnet will probably never be completed3] Thus, PERL will remain as an ERC20 shitcoin
4] Kenta leaves the CTO position, goodbye
5] Perlin will be doing enterprise stuff (LOOOL)
https://medium.com/perlin-network/updates-on-wavelet-fae5ae5675e6The story 🤐
2018: Started as a hackathon idea, it's believed that Perlin got funding committments months before there was any team. Dorjee (CEO) grabbed Kenta Iwasaki (CTO) - a brilliant developer - from one of the ETH events somewhere around spring time 2018. That being said, FBG somehow invested in December the year before that, in 2017. Anyway, settled on changing the world with the highest TPS blockchain, it was the time when fundraising was still booming. It was the CryptoBriefing magnificent code review that fostered insane hype around the SAFTs, and trapped many plebs during the summer of 2018. Pool of a pool, friend of a friend, and dozens of millions of USD are in the pocket. Going on to raise multiple valuations screwing over everybody they could, left investors breathing in relief when PERL finally got liquidity... stretched over 2 centuries, but liquidity nonentheless. Counless battles on twitter with Emin over Avalanche and Snowflake, multiple fundraising rounds, disappearing team, hired family members, and more... That's what it ended up as. Perlin has left a footprint in the history of projects. There have been multiple rumours which are okay to talk about now as it seems, here are some of them:
- 2c seed round for FBG & Co, which was promised by Dorjee to not be the case; -> true
- His family member hired for a high position and getting huge paychecks; -> unclear
- Team leaving due to corruptness and inability to function as a company; -> true
🙄
smh what else do you needI think this is one of the rare occasions when sending a crypto dude to jail is actually okay 😂 Fraud all across the board, to be honest. It's okay to not always accomplish big dreams, it's okay to lay off and pivot. But it's not okay when there are only lies.
There was no tech delivered, no transaprency, no adoption. And no coin going up kek.PS: Stay safu and please do social distancing. Get yourself Oculus Quest so we can play paintball and jerk each other off in VR.