This is the top 1000 dmg wallet holdings

so you're shilling mETH?
go on

Jesse, I’m not in the mETH business, I’m in the empire business

where do you get that graph?

you make it yourself after running a python script that scrapes wallet info

DMG had a hard time due to the hacker recently but if there is ever a project to have long term faith in, this is it. Reminds me of LINK x2018.

You can get this kind of graph using this tool:
walletinvestigator.herokuapp.com/
Although the search bar only works with contract address now (you can use 0xed91879919b71bb6905f23af0a68d231ecf87b14 for DMG)

Why would you bet on dmm making it when link will be behind all asset tokenisation.. doesnt dmm just do car loans kek

>link will be behind asset tokenisation
This is such a shit meme. Literally any trustworthy intermediary can just create NFTs, in the same way that paper metals work, to tokenise anything. The likely scenario (5+ years) is NFTs with a .01% transaction cut going to the trustworthy party, so they have an economic incentive to remain honest about their holdings. There is no reason to pay middlemen like sergey.

Ok two things;

- Link provides the proofs to verify the real world asset values, but does not supply the assets directly. Think of it as an insurance assessor.

- DMG provides the actual assets and yes because of their previous business experience it is cars for now. However it's early days and their mEth stakes keep going up, no it's not 10000 %APY but it is real assets proved by LINK providing excellent returns. As the system grows they add more assets, proofed by LINK oracles. It's a great thing for both projects and hence why Sergey backs Greg and team.

>The likely scenario (5+ years) is NFTs with a .01% transaction cut going to the trustworthy party, so they have an economic incentive to remain honest about their holdings
Hello smart user
coul you make a simple use of case example for me that I am little bit tard?

Dmg is a shitcoin
75%+ still held in vesting & team contracts
Same goes for albt
I dont know why you retatds keep shilling this shit

Yes centralised oracles are a great idea why didnt i think of that

If holding dmg is a bet on asset tokenisation being the future, doesnt it make more sense to hold link than dmg?

T. Doesnt actually know what dmm does or what their goals are

Wait, what? Chainlink *is* centralised oracles. It's simply an aggregation of centralised sources. Look at their price feeds. The whole point of chainlink is to put legacy information (read: centralised) on-chain.

The decentralised solution is on-chain, meaning no oracle network is required. Uniswap is one such example of an on-chain price feed which doesn't need an oracle.

>The decentralised solution is on-chain, meaning no oracle network is required.
could you explain how

Sure. Uniswap works via liquidity pools.
>People contribute x amount of ETH per x amount of Shitcoin at a ratio of their choice
>say 100 eth per 1000 shitcoin
>someone buys 100 shitcoin for 10 eth
>now there is 110 eth in the pool and 900 shitcoin
>110/900 = price of eth/shitcoin
>arbitrator notices the difference
>buys 100 shitcoin for 9 eth on coinbase
>sells 100 shitcoin for 10 eth on uniswap
>pockets the 1 eth profit
At any time you can calculate the price of shitcoin in eth by dividing the amounts in the pool, and the number is always on-chain. This also allows for calculations with other alts such as USD (via USDC or T), BTC via wBTC, whatever. No need to pay Sergey to tell you what the price is because the market decides the price, just like stocks and bonds in the real world, and the information is on-chain so you're not paying anyone to put it on-chain for you.

In the future, with tokenised assets and NFTs, you will be able to tokenise everything, just like how wall st turns everything into a bit of paper in the real markets today, from gold to real estate to derivatives to anything. There is no oracle problem when all the information is onchain, which is why vitalik doesn't like sergey, because link only succeeds if ethereum fails or takes 30 years.

People will tell you that sure, link doesn't work for price feeds any more, but what about the weather or x subjective event, but link is just as shit for those too when you have crypto arbitration, where the parties to the smartcontract can either agree and have the funds disbursed (no middleman), or arbitrate the problem for an automatic resolution (where there is a middleman, but you only pay them once rather than a few thousand times per day, so you save money in the long run).

Oh my god are u that uniswap price feed schizo jesus christ

That's like saying bitcoin is a centralised peer to peer network of payment cus each miner is centralised. Biggest cope ive ever seen

>hasnt heard of bancors partnership with chainlink to literally fix the problems with liquidity pools
Liquidity amplification motherfucker

how will bancor and Chainlink fix this problem?
He simply said there's no need for orale price feed cause it's calculated automatically on chain with Uniswap pool

cool. I'd also look into VALUE

1. Chainlink aggregates other cex and dex price data and feeds it to bancor, which aims to solve permanent loss and introduces liquidity amplification.
2. Even if chainlink was useless as a price feed service, it has many many other uses. Too bad it literally is useful as a price feed service, and for liquidity pool DEXs too for that matter.

Search on YouTube chainlink and bancor partnership video

Also uniswap atm is just ethereum price data. And the no chainlink vision hes pushing relies on all the volume in the world being on-chain via a dex or otherwise. Not realistic at all