team will not comment on specific token transactions.
The closest thing to an official response talks about growth of the team, grants, and continued development. It’s a bit outdated but you can find it here.
“But the team is selling all the tokens!”
It’s entirely possible that the token movements you have been told about or are looking at are being used to obfuscate the ultimate destination of tokens.
The team stated how the tokens not sold to the public in the ITO would be used back in 2017. A snapshot of what that looked like can be found at this unofficial resource.
“Ok, I read all of that. Why won’t the team tell us the details?!”
—- I am not a team member. This is unofficial. —-
My guesses, after following the project for three years, are:
1. It's a distraction from development and communications to their most important audience: developers and projects that will use Chainlink.
2. If they gave details about the transactions, people will continue with further questions\arguments\FUD. The team would feel obligated to continue engaging in those conversations causing further distraction.
3. There is no value for the network, project, or ChainlinkLabs as a company to provide those details.
4. There could be issues with providing that information insofar as regulatory concerns. (If the team says they are going to do X and speculators do Y because of it - they could be running afoul of current or future regulatory guidelines.)
5. This would give competitors information about the ChainlinkLabs business operations.
6. It could be considered a security concern if people are able to identify where tokens are moving to. (whether that be addresses for employees, grant recipients, node operators, etc.)
7. If details came out that a grant for X received N tokens to complete a task, the bargaining power for future grants from the team would be handicapped. The same holds true for team members or other business operations.
If you really want to know what the team is doing: read the official explanation linked above and take a long hard look at the current grants, open positions, the number of projects that have integrated Chainlink, future goals for technical advancements in the 2.0 Whitepaper, and dig into the metrics for the multiple blockchains Chainlink is operating on now.
Follow the team on Twitter and keep an eye out on the blog. These are great resources to see what the team is doing.
As a reminder: there is no price or market discussion allowed in this channel. If your comment includes those elements, it will be deleted.
I think this explanation is doing a disservice to the community. This is a public decentralised blockchain project. Everyone deserves to know the development in detail and what was the fund being dumped used for
As someone new to chainlink, this statement didn't give a good impression at all. It sounds arrogant and lacked of transparency
It’s my personal opinion. You can see the official statement linked from it although it does not sound like it would be to your liking, either.
If you’d like to DM me examples of projects that you feel have given proper detail, I’d like to do some reading this weekend.
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