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As someone who was here for the ICO craze of 2017 with tons of people exit scamming on investors I thought I would give some advice to those chasing crazy gains on uniswap. Over the past month or so we have seen crazy gains on uniswap with 100x returns on some projects so it is easy to be sucked into it, but you need to realize most of these listings have not gone through the ICO regulations which means they can just rug pull at any time leaving you with a worthless token. A few days ago NEXE, and NUGS to name a few just vanished after dumping on holders. You will notice most of these token creators like to remain anonymous which is a big red flag. You need to realize anyone can make an erc20 token and list it on uniswap then create a web page with copy and pasted info from other legit projects and throw the word defi in there. With the SEC involvement with ICO's launching that is actually a better thing for investors to hold the token creators accountable making it less likely to have them vanish with your money. In 2017 lots of ICO's did not go through the SEC regulations, but now they all have to or risk jailtime. Some will listen some will play the game and get burned, and some will make crazy returns. I personally think you are better off just holding ETH or buying into a project that went through a traditional ICO. Good luck out there and stay safe!

uniswap now full with unknown project that we didnt never heard it before. there is some one come to uniswap gem discussion group and spill project, and suddenly price rise 10x or even more of that. in my opinion its new game in crowdfunding , and risky what the accident in 2017 could happen again where are many investors loss their money into shit token. NEXE , NUGS and then Realgame and mayb YAM too.

that caused by there was no qualification for a token that can be listed into the uniswap and I think that some scammers were also creating fake contract and then they were putting it into the uniswap to fool the buyers. this is happening with serum ieo.

I won't be surprised if Uniswap will end just like etherdelta, which is almost dead. When ED started, you will see a lot of eth tokens that were actively trading even if the thread of the project here in the forum was not gaining attention. And now, in Uniswap, we will see a lot of unknown projects getting good activity in trading. People should be careful in joining the hype because of them have hollow foundation.

Regulations...... What ICO regulations? Most ICOs from 2017/2018 are completely dead now.

These Uniswap gems are just like an accelerated version. Get in and out quick, and fully prepare yourself to either win big or go broke.

Most of the really successful Uniswap projects aren't half-assed projects though, they're actually high potential and have transitioned to more popular exchange platforms.

Still 95% of the shit that gets listed on Uniswap is garbage. Newbies should stay away if they don't want to lose all their money.

Very well advice. But it's sad to say that there will be people that won't listen to our notice and even if we remind them for so many times, they wouldn't care. As they will only reason out that it's their money that they are playing with and not ours.
We have done our part of warning them with this craze and it will be them who will determine their status on this trend.

The craze is getting out of hand and of course people won't listen because of the gains they are thinking they will get, well although some will make good gains and some will bear the loss. If care is not taken, uniswap will become a dumping ground for scammers and I totally agree with every single thing you said. For the fact that most projects listed there didn't passed through the right way, it means they can easily exit scam without trace. On one hand it is Defi hype and now Uniswap hype, there is need to be careful because scammers hardly let go of any good opportunity to make money.

Just be careful with this latest craze though, I caught one phishing site here, [Scam]: Fake Uniswap wallet (https://bitcointalk.org/index.php?topic=5268443.0). If we are to compare this to ICO craze of 2017, then this is just the beginning. And if you have experience that ICO boom, pretty sure you know what to do right now. And for newbies, don't get caught, don't be irrational, used your logical thinking here. It's good to make profits, but don't be greedy.

you are right I forgot to mention that as well the fake contract addresses are another big issue

yes there were no regulations back then some dissapeared some paid fines some went to jail I would imagine. Now I think it is more regulated then in the past. Hopefully the ICO's come back with real great ideas and projects not just the same old crap rebranded. I guess we will see in a few months how these uniswap "gems" are doing. I am sure a few good projects may come out of it as you said it is 95 % crap

We are in the midst of a crazy run now much like the 2017 run. People scamming with fake tokens in uniswap much like the etherdelata during 2017 and projects with diluted market cap going billions days after listing.[ Read as SERUM]

Definitely not sustainable.

There is a real madness going on in uniswap, I have joined some and they have been really profitable, although I am aways awake reading post about these projects and following them so they don't rug while I am sleeping. 2017 is at a repaly again, people need to be guided because these HYIPE won't last forver, and never chase all projects.

Its okay to joines the hype but dont overconfident with some projects we all know how these hype could badly end up later. Uniswap is really in demand now and being followed by a lot of traders and investors I think with too much money earn and wasted we can see a replay of 2017-2018 ICO fever. It will only a matter of time before someone from the authority check those project soon.

We need to be careful to not getting trapped by scam projects using uniswap hype.
My advice, we should only take a part in the project who have transparent team members and project.
Anonymous team can be easily run away with investor's money.

Yeah, you are really on point, I was wondering the same as some tokens are being sold directly at uniswap, although uniswap is growing rapidly and it has become the new trendy platform but i guess we need to be careful especially while choosing our choice of tokens there, I hope people will stay safe and not get trapped with some useless tokens.

I don't think it's time for us to play safe. When uptrend comes and we do not take advantage of it, we will be bad investors or traders. The opportunity has come, the whales are pushing the market vigorously, especially the Defi technology coins. I believe that in the future there will be many potential ICOs coming out, it is not just SOL and JST.

Yeah it seems really similar to me as well. Kind of curious how many times it will happen again. I mean I thought there are enough truly educative resources on crypto and good knowledge spreads enough for this not to happen.
But apparently I was wrong and some people are still ignorant to dull fact that crypto is an investment tool - great, unseen before, unprecedented, but still is not a free money giveaway/casino.

there is another one like uniswap, i don't know if they are related to each other like forkdelta and etherdelta  ;D ;D
https://mooniswap.exchange/#/swap.. the thing I don't like about uniswap is the is so high  ;D

Or is it possible that Uniswap will become the hype that happened like in 2017, because, several new and very risky projects appear there with very high increases in a short time, if it is true then we have to prepare for a big wave like that year.

What traditional ICO? Your post is a bit confusing in some places.

Well, Uniswap isn't supposed to conduct ICOs(or other similar crypto crowdfunding) if it does not have the means to filter out good decentralized projects.
I believe decentralized projects are better regulated through decentralized means. That is one of the ways you prevent good projects from getting centralized due to possible opaqueness,  corruption, non-transparent activities, centralization etc of centralized regulations.
Any platform that can build a proper decentralized ICO regulation system, should be able to regulate proper decentralized projects with communities, without problems. The communities and governments should be able to decentrally regulate ICOs on the Decentralized Platform in full transparency, immutablity, censorship resistant, privacy, safety, trustlessness/permissionless etc. This is one of the ways you maintain the integrity of good decentralized projects.
Maybe people that find it hard to crowd-fund good decentralized projects in their countries can try good decentralized ICO review/regulatory platforms that are open to decentralized regulation from all governments.

Decentralized regulation is how you maintain the integrity of decentralized crypto communities projects

looks like its from 1inchexchanges project if i am not wrong. at this moment occur dex exchanges like forkdelta or etherdelta. we just need to becarefull with this new exchanges, moreover our private key needed to access their swap. just learn from previous scam exchanges, how they take our money easily.

Uniswap is extremely valid in this space, however many new projects including scams take advantage of uniswap to list tokens unofficially. I've used uniswap on trust wallet, imtoken and MEW and it worked flawlessly, but the gas fee for transactions nowadays is escalating.

With such a price for gas, it is very difficult to participate in bidding on uniswap, for me it is just a fun time to spend, as in 2017, my friends and I are trying to find projects that will last at least a week before the scam.

Because of uniswap many underrated and unpopular cryptocurrencies, coins and tokens are now having the hype of their lives. Uniswap is for me a blessing in disguise for those cryptos and for their developers.

for traders still not all use Uniswap, because their system is different from exchanges like Binance or Huobi,
so for beginners it is also difficult, just like me if trading on uniswap

When everyone can list their tokens on that exchange then surely we are going to see 90% of them will be fake but still people are going crazy due to the defi hype and I can ssure that they are here to make the short term profits and more likely gambling with the unknown projects.When the hype got over people will realize they lost a lot of money from their pocket and that will teach a better less for the life when it comes to investments.

Q3 2020 is surely a good season for UNISWAP, I don't know what started this hype but loads of token multiplying x1000 in matter of days is so weird. Also scammers are using this to their advantage by adding duplicate tokens hence i will suggest anyone to be sure of the smart contract address of the token from the team before purchasing any token on uniswap in order not to lose your money.

I have notice the growing new projects all of them is about DeFi, It is a great tech in crypto, but those abusers and scammers is using it to their advantage to scam people. Be careful with defi that has unknown team or fake team photos and they are just putting nonsense on their website copying existing successful defi projects and some of their website has low quality template and design. These scammers show up again when there is a new trend be careful guys, those uniswap projects has bots they can control it, they can pump and dump.

All what these is showing is that most retail investors are going to lose out of this madness, for me there is no justification to use Uniswap for now because of the transaction fees and because scammers know that they can deploy their contract easily through the platform they keep putting thir shitcoins on it. Let the market come to you don't need to FOMO into any tokens, correction is coming

The exchange has become the new home of scammers where they can integrate a similar token with different smart contract just like the days of ICO immense gains everyone was hunting. We are clamoring for Decentralized exchange, its sadden me how it has changed to home of manipulation by whales and groups. Tokens that are expected to be trading within range of $0.1 is trading for $5. The collapse is imminent, grab some coffee and watch how the Jericho fall.

I've been wondering why uniswap became popular all of a sudden and now I know. I've come to realise that most people in this space are only interested in making money and several does not give a damn about the risk involved. Uniswap got her recognition from allow every project to list without any formality and since its a decentralized platform people took it upon themselves to create projects for the pump and dump schemes and several persons are getting burnt but hoping to win some day. I only hope that we can be wise and let go of these unnecessary consequences.

It seem to me like almost all defi project are using uniswap and I found  the place a bit difficult for me, maybe because am not familiar with platform just yet, I believe this exchange will be very popular, the platform is gaining recognition.

What most people like in this space is FOMO. It has helped to maintain the journey of people and this space, whereas for some it has marred it. When Uniswap was newly launched, there was not all these hypes on it, but as soon as HEX listed o it and it pumped, others started following suit and that was how coins were pumping unnecessarily.

uniswap has been getting a lot of demand and there was no competitor that has the same volume as uniswap. People are using uniswap regularly rather than try to move into the another platform and I think that you must see that right now how big the volume of uniswap

Uniswap hype is on the rise, even I often see some members from several project groups suggesting to add liquidity to uniswap. Until now I have not dared to buy tokens (which I think have potential) if there is no liquidity because I am afraid I entered the wrong contract address.

You're afraid of very real thing that can happen and thats a smart move to wait a little bit. And I chose to do the exact same, even tho I potentially lose a bit of a profit I still place security of my funds
above unreliable profit.

There is no one to put blame on since uniswap is a decentralized exchange, for all those who hated centralized exchanges I hope you guys are seeing this right now? Any tokens or coins can be sold on uniswap even if there isn't any official listing of the coins and tokens yet, users only need to be more careful around uniswap

Trust me be careful while investing in tokens on uniswap exchange and, always do your research. Don't listen to people shilling on social media. I got roped into NEXE but, they exit scammed us I was lucky that I didn't invest much on the project.

I have a love-hate relationship with it to be honest, it is a super convenient way of swapping your tokens without being bothered with shenanigans of centralized exchanges, but its fees right now are insanely high, I know someone who paid like 30 or 40 bucks for a single swap (including token approval) recently, so if there is another cheaper alternative, I will go with that one, at least for now.

Make sure you get the real information of the smart contract of the token you trying to buy, it's very easy to create fake tokens with same name and make them available on uniswap exchange, presently there is fake DIA token too and other DeFi tokens

Listen to MrMojoRising26

Just as earlier on Etherdelta, everyone could enable their own token for trading, so now the same thing is happening on uniswap. This is a great opportunity to buy promising DeFi tokens before their price rises after listing on exchanges. However, you should not forget about the risks associated with such trading.

There were so many awareness about this and it seems like that people have known about this problem. I know that some scammers were starting to spread the fake smartcontract to scam investors.
Uniswap itself has already made an awareness or notice to the its own users.

Before judging a project, read the documentation and how it works.
https://defiprime.com/uniswap-explained

The first 2 letters of Defi - "De" mean decentralization. This means that any project can create its own liquidity pool on uniswap and sell its tokens.
It takes money to create a pool.
Look at the statistics on liquidity on pools, do you think scammers have so much money?
https://uniswap.info/home

If you bought a scam, then you do not need to blame UnisWap and call it a trash heap. Ask for advice on the forum before buying.

What does this have to do with Serum? Can you shed some light?

There is nothing wrong in joining the train to earn quick profit but don't be caught up with bag of shitcoins because you are trying to play the hold game, most of this project coming up so suddenly on uniswap are for short term gains only so anyone who is wise enough can make quick profit and get out, holding those shit coins will be a big mistake, only invest on project with real team and years of experience.

Other than the new projects getting big profits on uniswap I like uniswap as a trading and swapping platform, I love it how it tells us the instant price and we do not have to place sell limit orders and then wait for them to fill, I have to say that the platform is addictive and the more i use the more i like it.

Trustswap, Dia and some others have really utilised uniswap well but obviously the quality of the project and the competency of the team is what that still matters and investors went crazy following good projects because of the expectations of the bull run and most have already made killing gains but looks like this trend will continue.

This a matter of being active in monitoring each projects they will put their investments, to take the hype and to ride is fine as long as they are able to get out when it start to sink, the hype of DeFi s like an ICO craze that only those legit projects with concrete plan and product was able to survive up to now.
Those who lose a lot from many ICO before or those who are not able to cherish their bounty reward before as the price after BTC ATH affects many shitcoins should already know how to monitor their portfolio now if ever they invested in DeFi projects,we we're not sure we're the hype ends or if there still more.

hard to believe at this time the price of many cryptocurrencies has gone up and it is evident from bitcoin that continues to increase in price and if this happens continuously then all cryptocurrencies will recover and many projects can get a lot of profit, especially projects that are ongoing will be a lot of success.

Not everyone in the trading business knows this kind of things, many are just innocent people who want to invest in a project that can double or maybe make their money 10x or 15x in a matter of a week, so they are actually greedy to invest into these kinds of uniswap listings and without any regulations in place for these kinds of tokens, the developers are also making a bank by scamming people money on these kinds of tokens and they will always try it until there is any regulation in place for the DeFi tokens.

It's impossible that this exchange just growned out of nowhere , there should be a person that created it like any other sites that we see online but it's not his fault alone because it's also the fault of those who create scam and low quality coins . There aren't many people hate centralized exchange but centralized coins yes  .

How's that possible . ? in what price can we know the worth of our coins if they can be sold without even listing them yet  

So what are the latest developments and news in the crypto space. In my eyes 2 of the biggest ones are:
Defi deposits growing continuously and reached over 6 billion already.
Dexes and swapping platforms are now dominating the market especially with reference to the volume.
Uniswap seems to be the leader at the moment and with bull run i think its dominancy will increase further.

Eventually all of this will die down and people who got in last will lose almost everything, some of them will lose everything and people will learn from their mistakes and will not get into it. We all fell into that ICO period, maybe not few of us but almost everybody was investing into ICO during the peak times, we are talking about billions of dollars per month type of huge investments, even bitcoin doesn't get that type of investment I guess.

However we know better now don't we? Which means eventually we are going to realize that defi is a thing that should not be overreacted and will eventually go away, that is why I think it is quite important to focus on the later stages where everyone will stop, but do keep warning them if you want to, it will end one way or another.

Do you know about keysians? that's getting a very huge return on uniswap and it looks like people have already started to use this swap service as a game changer right now. I personally investing in some tokens that have already traded on this swap service and all are going so well.

just like when 2017 that time etherdelta is very hype and very much a new unknown token list and trade on this DEX, but now etherdelta or forkdelta is surviving with people contributions on thier donations wallet because to many people losing thier money buying shit token from their exchange and leave the DEX, if no one are intrested to donate on their monthly donations wallet the exchange will shut down, its only hype for a while and the hype will gone if to many scam project show up and use thier exchange to scamming people by creating volume, just be carefull because to trade on uniswap dont really need listing procceds.

Uniswap is now a haven of scam tokens and coins because it's a popular dex and it's easier to list any token on the dex exchange without needing any fund or regulations that are present on centralized exchanges, people should be careful around uniswap

There are many scam tokens available on uniswap as we speak, some are even copycat of few available real tokens and those who don't have enough patience to do research on a real project smart contract will think it's same coin and buy but later they will realize that they got the wrong token

Most of the coins that are on uniswap are even holding the concept of being a "crypto game" "social experiment" so they aren't a real project with a real use case. They literally are a psychological experiment to test greed and fear that's all so if you want to play the game go ahead at your own risk knowing that as you can earn 200% in a day you can also lose 90% in a day.

Uniswap is a decentralized platform that works like idex, any team or people can list tokens on the exchange and change the tokens into other coins, this is why scammers plan on using Uniswap for tokens that aren't exiting legally

Nothing is wrong with uniswap, but instead i think uniswap is a proper home for all altcoins, uniswap also allows massive pumps and dumps. If you go through trades on uniswap, you will see it for yourself. Just make sure that you do your proper research, buy and sell os not a child's play

Uniswap is a perfect place for the good and the bad projects. It is a platform of free listing, buying and selling. No one to hold anyone responsible for whatever resulted of their action on the platform. It might not be perfect yet, but it is close to a kind of DEX that people have been clamouring for. Scammers will always take advantage and explore every loophole to scam people and this is the major bad that accompanied Uniswap. The experience should know better and trend carefully. My fear is simply for the newbies who have no idea the evil lurking presently in the Uniswap/DeFi hype.

Actually projects are using Uniswap to get investors and price pump for there projects. Uniswap isn't checking the project is it real, or scam. They just listing any project which is ready to agree with their term and conditions. Most of the project on Uniswap now a days never heard their name ever. It's actually become a heaven for the projects which is willing to do scam with the investors.

More people are gonna get their hands burned looking for a quick 10x in uniswap. There are so many projects getting listed and most of them just have a website and don't even have their team listed. Receipe for disaster.

it's caused by uniswap has the same mechanism with the dex in the token listing. When you know the contract of token and you can add it to trade the token.

The swap service adopted the idea from the dex but the developer has tried to make it as a lite version of dex by eliminating the trade fees. It's not a big surprise to see there are some scam tokens on uniswap.

What people need to do to verify the contract before try to trade on uniswap.

Uniswap is so hot right now.