Hi, my name is Iskander Mamedov (Cryptoiska) and I am influencer with more than 22k follower. Also I am author of experiment "Is Tether a Scam?" and founder of 50 Cents Token.
About Experiment
A lot of times we heard from community, that USDT is not backed by US Dollar 1:1. And sometimes Tether said that USDT is only backed 74% by fiat and there are no necessary to be fully backed by cash only. Then they said, that USDT is fully backed.
And I think, that Tether (USDT) is backed only by human psychology, not by US dollars. They told people, that USDT costs $1 and only because of this, price of USDT = $1. I want to prove it and I create a token, that should cost $0.50 – 50 Cents Token (50CENTS).
I set initial price at $0.01 to check the possibility of riching a price of $0.50. If we will do it – experiment was successful and Tether backed by nothing but human psychology. If not – Tether is not a scam.
Tokenomics
Total emission is 310 000 tokens. And 5 000 of them will spend on marketing and presale and other 5 000 are reserved by team. 300 000 tokens will be in liquidity pool on Uniswap.
Symbol: 50CENTS
Initial price: 50CENTS = $0.01
Type: ERC20
Contract address: 0x1214028E2a02360d9E7629D6f314093846272d54
Listing on Uniswap
We list 50CENTS on Uniswap and add 300 000 tokens in liquidity pool on 10.03.2021 at 13:00 UTC. Check our website to be the first.
Why it is not a scam?
I think, that a lot of people can say "You create a scam to prove, that another project is scam", but:
1. Founder is not hidden. You know, who is founder of token. It's me and my reputation is very important for me as for blogger.
2. 96.8% of tokens are in liquidity pool. And only 5 000 I reserved for my team.
3. Small emission. Max capitalization is $155 000 at price of $0.50. It's very small capitalization for crypto industry.
OUR WEBSITE
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Topic: [ANN] 50 Cents – token to check "Is Tether a Scam?" (Read 82 times)
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