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Author Topic: THE FIRST WHALE FREE COLLECTIBLE  (Read 210 times)
whalephalmain (OP)
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July 10, 2019, 09:29:23 PM
 #1

https://whalephal.github.io/swap/

Transaction cap of 10 collectibles
Variable burn rate depends on time and total supply
Burn free transaction every 180 days
Burn rate starts out at 25%
Wallets with more than 10% of the supply cannot be sent to
whalephalmain (OP)
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July 11, 2019, 01:08:18 AM
 #2

Extremely ground floor

https://etherscan.io/token/0x81fd787a4808209a98ee53075441b8eb9ce6b7e5#balances

With only four people in right now (not including the swap address), with 90% being offered off the first 10,000 collectibles. An anti-corruption token that has no ceo, no founder and no reserve tokens.
holydarkness
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July 11, 2019, 01:22:14 AM
 #3

Extremely ground floor

https://etherscan.io/token/0x81fd787a4808209a98ee53075441b8eb9ce6b7e5#balances

With only four people in right now (not including the swap address), with 90% being offered off the first 10,000 collectibles. An anti-corruption token that has no ceo, no founder and no reserve tokens.

As far as the concept of anti-whale seems interesting, I assume other than no CEO and Founder --which actually another word for "we don't want to reveal our team"-- it also has no benefit or purpose either, other than being a collectible?

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
whalephalmain (OP)
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July 11, 2019, 02:39:48 AM
 #4

>> I assume other than no CEO and Founder --which actually another word for "we don't want to reveal our team"

Don't put words in my mouth. There is no CEO and Founder, there is no team and no one wants the credit for this. There is no reserve and all the collectibles are up for sale, all of them, no reserve so no point in there being a team. Anyone can make their own discord/telegram/twitter representing the collectible if they want.

>>it also has no benefit or purpose either, other than being a collectible?

Nearly all ERC20 tokens serve no purpose despite what their respective companies say and that's because Ethereum is very hard to build on. There is no contract to contract manipulation. Whale Phal has a lot of potential because of the extremely limited supply of 300k and very high burn rate of 25% to start out. It's hoped that after a while, as the burn rate dies down and the community forms in a decentralized fashion that development will begin, but that's not necessary.

Due to the unique position of the collectible, we're hoping the two different burn rates will foster a good community properly. It is, at least as intended to start out purely a collectible.
whalephalmain (OP)
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July 11, 2019, 03:52:01 AM
 #5

You will be unable to buy from the same wallet as well and cannot send more than one ether to the swap. That prevent anyone from accumulating too much. So it's going to be the most decentralized token of all time, enacted by force.
holydarkness
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July 11, 2019, 05:42:11 AM
 #6

>> I assume other than no CEO and Founder --which actually another word for "we don't want to reveal our team"

Don't put words in my mouth. There is no CEO and Founder, there is no team and no one wants the credit for this. There is no reserve and all the collectibles are up for sale, all of them, no reserve so no point in there being a team. Anyone can make their own discord/telegram/twitter representing the collectible if they want.

>>it also has no benefit or purpose either, other than being a collectible?

Nearly all ERC20 tokens serve no purpose despite what their respective companies say and that's because Ethereum is very hard to build on. There is no contract to contract manipulation. Whale Phal has a lot of potential because of the extremely limited supply of 300k and very high burn rate of 25% to start out. It's hoped that after a while, as the burn rate dies down and the community forms in a decentralized fashion that development will begin, but that's not necessary.

Due to the unique position of the collectible, we're hoping the two different burn rates will foster a good community properly. It is, at least as intended to start out purely a collectible.

Not forcing you to admit, only pointing out the implicit info. But let's make sure we're on the same concept here; you basically want people to buy your token, moving their money to you, while you are not promising any utility or other feature that could help assuring price increment, other than the burning rate?

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
whalephalmain (OP)
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July 11, 2019, 05:49:48 AM
 #7

Quote
Not forcing you to admit, only pointing out the implicit info. But let's make sure we're on the same concept here; you basically want people to buy your token, moving their money to you, while you are not promising any utility or other feature that could help assuring price increment, other than the burning rate?

Two separate burn rates, one based on total supply and if the community bands together, both based on time. There is a burn free transaction based on number of days, extremely limited supply, a cap on transactions and a cap against sending to exchanges with more than 10%. There are at least a half dozen innovations here. The next Bitcoin will be whale-free since that seems to a major problem with crypto nowadays, is the lack of ability to control growth or decline and this is the very first token in the history of crypto to do so. We're answering very big problems here and you're lack of ability to see that is clouded by my reprimand of you. I will not have anything to do with this project because men can't seem to handle the power of trying to steer and focus a project, I would rather it be held democratically and I don't want to swing or have any portion which could make me seem a whale, so I'm sacrificing future growth for the fairness of the community. Do I want to be paid for my contribution and the making of such an advanced contract and all this hard work. Certainly. But I easily see this being a major token, specifically once promotion is done right. Certainly not trying to make enemies but also not a fan of the accusatory tone.

If there's any other questions, I would be happy to answer.

P.S. It's answering the tokenonmics question with time, much as Bitcoin answered the blockchain question with the timestamp. It is meant to act and behave like a stablecoin but with slow and upward, stead momentum as knowledge of this spreads, without much downside or potential to swing or corrupt the token. I want as little to do with as possible once it gets going because whatever it becomes or however it grows, I don't want my opinion being the "only way" that this thing has to grow. I take a lot of inspiration from Satoshi and while I'm no Satoshi, I wish to follow in his footsteps. Get the thing up and then step away and allow the community to do as they see fit. In all honesty this is not my first project and the reason the last one failed is because of my misdirection. I want to avoid that at all costs.
whalephalmain (OP)
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July 13, 2019, 07:26:48 PM
 #8

New youtube video released

https://www.youtube.com/watch?v=bDIDeRCP_o0

Fud is always part of every great project. Let's see how far they can FUD this.
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