Before I dispel all the FUD, this person is impersonating me, or it's a massive coincidence. My name is Jullz, as most of you will know from the Oyster Community.
Where to start? Do I dispel the FUD first and prove you aren't me, or give an educated answer to why Oyster is one of the best projects in Crypto? Think I'll dispel the FUD first.
The first false claim you made was "Oyster Pearl dev team just dumped 700k PRL and then informed everyone about a delay in the airdrop". This is simply untrue.
Yes, 700k PRL was moved from the Oyster main wallet to Kucoin as shown here -https://etherscan.io/tx/0xea4f19d47b040d8d1f760bac77857971e4dc9fe5f4f696cf2a8e11c788c64413
If you follow the trail, the 700k came from the main Oyster wallet, through a few other Dev wallets and finally to Kucoin. However, to claim that they have sold all 700k already is a lie. The volume on Kucoin simply isn't enough for the team to dump 700k in one go, look at the buy orders. It's impossible.
In addition to this, we was all aware and told a few months in advance that the team were planning to move funds on a quarterly basis to support the development of the project, pay exchanges and pay the developers. This obviously involves selling PRL in order to do this - this isn't a charity, operations and labour cost money. The timing was unfortunate, but the team only found out that Kucoin wanted to move the airdrop to the 17th a few hours after & the team told us immediately and as you can see, there were always plans to sell on April 1st/2nd. Here is the medium article from the CFO explaining this.
https://medium.com/oysterprotocol/oyster-pearl-team-update-4-f2cc22eca1a7One last thing to remember is this, The ICO was simply heavily underfunded and only raised $75k. Nothing compared to many ICO's which have raised millions and are less than half the project of Oyster. So it's obvious that the selling of PRL is needed in order to fund the project. Oyster is honestly one of the most transparent projects in Crypto, amazing professional team. I'm not just saying this, as most of you know I've clashed a lot with Bruno the CEO, yet I still see the massive potential of the project.
The second false claim you made was that "they are also attempting to deny it, however the blockchain doesn't lie" This was also not the case, just a misunderstanding.
Bill, who is apart of the Oyster team was one of the first on the scene and genuinely didn't know what was going on. He didn't lie, he obviously just didn't get memo as of that moment and if you've been apart of the community for a while, you would know that Bill is one of the most liked and charismatic members of the Oyster Team.
Now, I was thinking it was going to be hard to prove you were not me but in fact, just looking at your post history, turns out it could be a coincidence. Your name is "Jules Johnson", you have links to a twitter and telegram account. You've been posting on Bitcointalk for like a year, but as some of you may know in the Oyster community - Jullz wasn't the first name I had, it was simply "crypto". You haven't claimed to be me to be fair, so yeah, although everyone thinks you are lmao.
TL;DR stop with the bullshit fud.
Now here's the second part to this thread - reasons why Oyster is so underrated, why current price doesn't matter and why I believe it's one of the safest bets in Crypto. This isn't a "shill post" and I'm not paid but it is only fair to educate the people after so much FUD recently.
Most of you reading this will know what the Oyster Protocol is and does, so I won't delve deep into what it is but here is a quick summary:
PRL - is an utility token that gives you access to decentralised and anonymous storage.
SHL - will be airdropped to people who hold PRL on the 13th of April, will essentially allow dapps to be built on top of the meshnet once it matures.
The current price of PRL does not matter simply PRL’s value is intrisically tied to the value of storage. As time passes, 1 PRL will equate to an increasing amount of GB in storage. This leads to interesting implications for the price evaluation of PRL. This is the first time a crypto has been pegged to something of intrinsic value, in a decentralised way. 1 PRL will be worth at least 64GB worth of decentralised storage - current centralised storage is worth around $8 for 64GB per year. As of writing PRL is worth $.80, go figure.
Once the mainnet is release this month, you may be too late, as Bruno beautifully said here - "Imagine a volleyball being released from the bottom of the ocean. The volleyball shoots up violently to the surface, puncturing the waves and becoming suspended in mid-air for several seconds. The ball then finds buoyancy equilibrium as it rests on the ocean waves, elegantly levitating upwards and downwards along with them".
Bruno, the CEO has said it might be possible for the increasing over time peg to be set at 512 GB. That amount of centralised storage is worth around $64 a year. PRL is decentralised, anonymous storage that is currently trading at $.80, again, go figure..
Every other crypto is speculation based, whereas PRL has intrinsic value. Just like how 1 tether = 1 USD (i don't support tether but this is for another time). This is why PRL is the safest bet in Crypto in my opinion.
Moving on to Shell (SHL) - which will be airdropped to people who hold PRL on the 13th of April.
SHL allows dapps to be built on the meshnet and can be the backbone of a new, decentralised internet. The possibilities are endless. How much would you value the internet at the moment? Billions.
This isn't a shill post, just dispelling the fud. Here are some medium articles with further information on the pricing of PRL:
https://medium.com/oysterprotocol/intrinsic-storage-pegged-value-447d970f6d69https://medium.com/oysterprotocol/how-prl-pricing-will-work-in-the-future-d67c4f231386If you have more questions you can go to the Oyster Reddit or Telegram (just to let you know I'm banned aha)
But yeah, ignore the fud, project is awesome - Jullz.
