Thoughts about Solpad Finance

[frenchray1]

I'm starting to smell something fishy about this project. I tried to search about them on Google but I can't find anything about them, not even a single marketing news. Meanwhile, if you search their competitor, Solstarter, you can find several news about them.

Solpad's twitter was created since 2009 with only 42.5k followers but it's competitor, Solstarter, started only at 2021 but already have 200k followers.



At 2 pm utc, Solpad Finance will resume their public sale after they kept posponing (first due to overwhelming interest of investors, next bots, now ddos, lmao).

I just want to ask about your thoughts guys, especially those who have bought, do you think it's worth to risk on this one? I like risking, it could be said gambling but I do not like to gamble something I can't even find marketing news about them.

Thanks a lot!

[Ucy]

I would be careful with crypto projects that don't follow strict crypto principles/standards like decentralization, transparency, security, immutablity etc. If they don't, then they need to be backed by the law of the country they are operating from. I would still be very careful even with the backing of national laws.

I just want to ask about your thoughts guys, especially those who have bought, do you think it's worth to risk on this one? I like risking, it could be said gambling but I do not like to gamble something I can't even find marketing news about them.

Thanks a lot!

In regards to part about risk and gambling, it really depends on how much risk you'll take. The problem is gambling (or taking big risk) with your funds and probably your private data.. You should minimize risk as much as possible by only investing responsibly in potentially useful crypto projects that solve very important problems uniquely without compromising on crypto standards like decentralization and security.