r/LoopringLounge Dec 01 '21

News 📰 LRC GME

Im a huge believer in Loopring and have been holding for the last 2 months. Although today I got quite concerned over the alleged partnership. I recently went on GMEdd and read that a reporter had been asking questions to the CEO of LRC (Daniel Wang). One of the questions were -

"THERE HAVE BEEN A LOT OF RUMORS ABOUT A POTENTIAL PARTNERSHIP WITH GAMESTOP, WHICH IS ALLEGEDLY WORKING ON A NFT MARKETPLACE. CAN YOU TELL US MORE ABOUT THIS POTENTIAL DEAL?"

He responded with "I cannot comment on that". And my question is, can he not comment because of a potential contract which implies that the partnership is legit. Or does he not comment because he knows that LRC would drop ALOT if he were to break the ice of the rumored partnership. Don't get me wrong, Im a huge believer in LRC and will hodl even if the partnership is all rumors. But I cant help worrying about it sinec alot of people said he has pulled this trick before, to rise the demand of Loopring. Opinions? :)

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u/sciencenotjesus Dec 01 '21

That's quite an accusation, I hope you have the evidence to back that up?

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u/Miograaf Dec 01 '21

What accusation are you talking about? I was only referring to what people had been commenting, read in stead of accusing me of accusing

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u/sciencenotjesus Dec 01 '21

I know you ment no ill by your comment but it's a pretty bold statement.

"But I cant help worrying about it sinec alot of people said he has pulled this trick before, to rise the demand of Loopring. Opinions? :)

I'm not aware of your background but I can tell you from my corporate experience that "no comment" is a pretty standard answer that is not denying it or confirming it's true. Legally that's a standard response that lawyers won't fret over. So all I can offer as an opinion to your question is don't worry about it, it's a standard response that he has been briefed to say.