Some inside information about the Great Tailor and the Foundation
Why doesn’t the market buy ICP? Because the founder of ICP, the Tailor, has hidden his personal ambition and desire for extreme centralization of power through complex institutional design, and therefore put his personal technical preferences above the entire market and investment institutions, ignoring the interests of the community and selling coins with inflation, which violates the most fundamental decentralized spirit of blockchain. After in-depth digging, we uncovered a lot of unknown information about the foundation and the tailor:
Before ICP went online, Big Tailor worked in California and Silicon Valley for a long time. Since ICP went online in 2021, Big Tailor quickly fled back to Europe and never dared to set foot in the United States again. Why? Because he was entangled in lawsuits in the United States, and there were 3-5 civil lawsuits ongoing, including lawsuits filed by early ETH investors, and his divorced ex-wife and son sued Big Tailor for not paying after selling coins. Big Tailor was suspected of defrauding early investors and family members at the beginning of ICP financing, and the cases are currently pending.
$ICP From 2022-05-15 to 2023-12-15, a total of 19 months, the price of $ICP was in a long box oscillation range.
From 2023-12-16, the ICP price broke through the upper edge of the box 9.5U and began to rise, oscillating all the way until 2024-06-16 and fell back into the box again, a total of 6 months.
So do you know how many ICPs were lost in DFINITY's neurons in these 6 months? 98.54M-86.14≈12.4M. Can anyone explain where these ICPs went? ?
Even if you don't count the private wallets of the big tailor @Dominic_w and team members, DFINITY has sold so many ICPs. Now you know why the price of ICP has been rising in the first half of this year, but it always feels like it's being pressed down by a mountain.
Unless you want to tell me that DFINITY took the ICP out of the neuron and then did nothing with it except put it in the wallet for appreciation. $BTC $ETH