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Author Topic: 🌟SIH🌟  (Read 130 times)
clintk (OP)
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July 01, 2021, 01:47:03 PM
Last edit: July 29, 2023, 07:09:55 AM by clintk
Merited by Blockchayne (3)
 #1

🌟SIH🌟
necromastery
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July 01, 2021, 04:21:41 PM
 #2

I smell an old project trying to make his self alive once again. The roadmap say it started from 2018, awesome. Btw, those buyback and deposit guarantee is not something that is often encountered, but it is no longer something new. Some projects do it too, but don't know if it's real or not. I hope it's going well.
Is there a "Binance Smart Chain Bridge" schedule? it seems that phase is what you should do.
Then it looks like you need a campaign for this project, it also to build a strong community so that you can enter a higher quality CEX.
Erdogan
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July 01, 2021, 05:32:22 PM
 #3

This looks like a classic ponzi scheme.
Can you reveal what exactly happens to the money invested? My guess is that this is some kind of magic investment system where you earn 10% per month and want to share with investors. However, I would like to know its details, because for me it looks like a classic payment of earnings for a few months to the first investors from subsequent investments of new investor only to encourage more new ones. After a few months, the project will disappear. Convince me I'm wrong.
Surmount
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July 02, 2021, 04:57:54 AM
 #4

I'm currently working on a project seeking to solve the problems you outlined however I have to agree with the other posters that there is very little on the website and whitepaper on what sort of business you are running. There isn't even any outline on past performance of your company or clear outline of how you will make money.

I'd suggest you make things more specific, clearly state what type of business you intend to run, a breakdown of its expenses, and how value would be protected in the interests of token holders. Storing made-up tokens in a cold wallet doesn't protect them if the value they are supposed to represent runs off.

Lastly, I believe your token would be classified as an investment company security by the SEC opening the door for potential lawsuits.

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