How do teams even earn from meme tokens ??

Jackl87

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Quote from: cyber-i on November 14, 2021, 10:02:04 AM

Hey guys

I’ve been lately following a little these various meme tokens… Maybe I’m dumb (or just too old and not active enough in the new cryptos Tongue

), but how do these projects make any money for themselves? If they put 100% of the tokens into liquidity (e.g., on Uniswap or Pancakeswap), what does the team (the token creators) get out of this? What's the team's tokenomics interest here??

I don't think that most meme-coin projects really put 100% of the total token supply into the liquidity pool of uniswap or pancakeswap. Maybe they put 100% of all unlocked tokens into liquidity, but Team tokens are usually locked for around 12 months before they are beginning to unlock via a predefined vesting schedule. 99% of all meme coins are created, to make a quick buck for the team members with putting in little or no effort at all, so they will definitely think about a way to make money.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: cyber-i on November 14, 2021, 10:02:04 AM

Maybe I’m dumb (or just too old and not active enough in the new cryptos Tongue

),

Simple reason why you will get downplayed by these shitcoins. Dont do any research and you can say goodbye to your money in this sector.

Quote

If they put 100% of the tokens into liquidity (e.g., on Uniswap or Pancakeswap), what does the team (the token creators) get out of this?

How do you know that 100% of the tokens have been made liquid? If you know the token's supply and whether the team is exactly holding how many tokens, you can draw this conclusion - but is that really the case or is it all smoke and mirrors?

I know this because I have been watching since the times of the ICOs. They have all been like that, at that time we called it "premine" and this used to be looked down up by the community. A pre-mined coin meant that once the initial take off of price, the team would dump and vanish. Same thing happens with the shitcoins, they pump the price and get the community into a bubble, while they sell off their tokens and quietly exit.

Transparency has gone from something to nothing here and remember that no creator is going to create something without a motive, you are just less knowledgeable to know that.

Brus123

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Usually, teams of such projects have some tokens of this project on their wallet so when the price pumps they can sell a bit and get profit. Their portion differs from project to project. You can find thin information in their tokenomics in whitepaper. Also you can check the folder "Holders" on Etherscan/BSC scan. If one wallet has too much token, it's a dangerous project.

DapanasFruit

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Binance #Smart World Global Token

Of course, developers are the first people to make money out of the projects they got especially when there is an upward movement of the coin or token. they are usually allotting a certain percentage of the total supply to themselves and many devs preferred that their share be locked for a certain period of time as this can be a way to boost confidence and trust on the project and the people behind it. Some also like getting a share of the transaction fees generated by the network...so that when a project is successful big money can be made for their own wallets. No wonder why people like Vitalik Buterin are now billionaires because their projects got successful and picked up by the crypto market.

WalkerIVIV

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Cryptocasino.com

The possibly just buy their own coin instead, coin like SHIB doesn’t have any spare token for the developers and they seem to only take fee from NFT markets that’s about to be released however it’s always possible that they themselves bought the coin with very little price to help increase the trading volume while also trying to accumulate the coins, basically investing in themselves since they are the one that gonna decide where the direction these meme coins gonna be heading to.
I mean, just imagine if you are buying SHIB when the token price was still next to nothing on its early phase, I could be wrong though and there is probably another way of making money through the meme coins found by those who created it but I could hardly figure out another way that can result in biggest ROI except buying the meme coins in early stage themselves. Any developers have been used different mechanism. The thing that happened with shiba may different when it comes to the another meme token project.

alpamar99

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I understand your curiosity but I think things like this even if you are curious you should avoid things like this. because instead of profiting something like this it would be more risky than anything.
and when on a path like this will only make you lose money, forget your curiosity here and leave things like this.

Yogee

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Quote from: cyber-i on November 14, 2021, 10:02:04 AM

...If they put 100% of the tokens into liquidity (e.g., on Uniswap or Pancakeswap), what does the team (the token creators) get out of this? What's the team's tokenomics interest here??

This means no locked up funds on official team's wallet right? It's only a wild guess but they probably have some members operating outside and trading the token. They buy their own right after listing and then hype the whole of their gullible community to pump the token. You know what usually happens after that hehe.

Sled

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Bitcoin- in bullish time

Quote from: AmoreJaz on November 14, 2021, 05:47:45 PM

Quote from: Distinctin on November 14, 2021, 05:30:26 PM

Every project owner owns a certain percent of the total supply, once the demand increases, it will result in a high price and they can always sell a portion of their share on the total supply to make money. It's easy to understand that, it's pretty basic and actually, it's very important to read the white paper of a certain project so you'll know the entire details necessary to make a conclusion on your judgment.

just look at their tokenomics and you will know how much percentage they allot to themselves. even if they say, they dox their ownership, they are still in possession of some of those tokens. or better yet, check their code. i read recently, that one meme token here is not allowing others to trade their token. the team can only sell their tokens. so these meme tokens will not be created if the team themselves can't earn from it. remember, they won't lift their finger if they can't get something out of it.

And we can't tell that they are telling the truth or it was a big lie (but I've suspected that). They are in this business and that seems impossible if they could get any from it. They hold a huge chunk of their tokens and once the price rises, they have sold them. They are making themselves as a whale and they certainly manipulate the price of their project and have a huge profit from it. We really don't know what is in their minds, it can be just an assumption but can be possible.

asriloni

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Leading Crypto Sports Betting & Casino Platform

Quote from: cyber-i on November 14, 2021, 10:02:04 AM

Hey guys

I’ve been lately following a little these various meme tokens… Maybe I’m dumb (or just too old and not active enough in the new cryptos Tongue

), but how do these projects make any money for themselves?

There are small allocations will be going to the dev's pocket. As far as I know this let the developers of meme tokens to take money. Remember that there are so many meme tokens got rugpulled or the dev has ability to minted unlimited tokens to be dumped to the market. That means if the dev has a power to generate new tokens from the market.

Quote from: cyber-i on November 14, 2021, 10:02:04 AM

If they put 100% of the tokens into liquidity (e.g., on Uniswap or Pancakeswap), what does the team (the token creators) get out of this? What's the team's tokenomics interest here??

They will never put 100% tokens into liquidity and they will not become transparent too. I think that you didn't know about the reality if those meme token developers will always store some tokens to be dumped to the market. I never saw any meme token developers that put 100% to the liquidity pool.
This would be impossible to happen.

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

Quote from: Distinctin on November 14, 2021, 05:30:26 PM

Every project owner owns a certain percent of the total supply, once the demand increases, it will result in a high price and they can always sell a portion of their share on the total supply to make money. It's easy to understand that, it's pretty basic and actually, it's very important to read the white paper of a certain project so you'll know the entire details necessary to make a conclusion on your judgment.

just look at their tokenomics and you will know how much percentage they allot to themselves. even if they say, they dox their ownership, they are still in possession of some of those tokens. or better yet, check their code. i read recently, that one meme token here is not allowing others to trade their token. the team can only sell their tokens. so these meme tokens will not be created if the team themselves can't earn from it. remember, they won't lift their finger if they can't get something out of it.

Rabi3

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Quote from: batang_bitcoin on November 14, 2021, 03:52:14 PM

It's because they also own a portion coming from the total supply. Read their whitepaper and maybe it's indicated there how much percentage the team owns from the 100% supply that they'll release into the economy. That's how most of the teams are earning at the beginning stage of the project but, it's even more when the project they're working with became popular because they can source out from the actual project and probably gets commission from the trades aside from the actual amount they hold.

I think this guy answered your question, but if the team doesn't do any ido or pre-sale... etc, and doesn't show in the whitepaper or website the amount the team has, they probably doing it privately and they are holding some amounts in different wallets so that people won't find out about it, which is literally a scam since they can dump those tokens whenever they find it highly profitable for them without people even knowing, everything has to be transparent and the info about where their tokens is going should be available to everyone, if not, it's better to stay away from them.

Distinctin

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No dream is too big and no dreamer is too small

Every project owner owns a certain percent of the total supply, once the demand increases, it will result in a high price and they can always sell a portion of their share on the total supply to make money. It's easy to understand that, it's pretty basic and actually, it's very important to read the white paper of a certain project so you'll know the entire details necessary to make a conclusion on your judgment.

maju69

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Activity: 1008

Merit: 104

Regardless of where you are interested in meme coin, but for sure I can only suggest immediately stay away from meme coin. Such hype has destroyed a lot of beginners who only see in terms of profits when it is completely beyond their real expectations. So I don't go too close to the meme coin because you know the risks will be much more dangerous. Don't let the days of crypto introductions have to fall on the first step with meme coin.

Baofeng

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Quote from: cyber-i on November 14, 2021, 10:02:04 AM

Hey guys

I’ve been lately following a little these various meme tokens… Maybe I’m dumb (or just too old and not active enough in the new cryptos Tongue

), but how do these projects make any money for themselves? If they put 100% of the tokens into liquidity (e.g., on Uniswap or Pancakeswap), what does the team (the token creators) get out of this? What's the team's tokenomics interest here??

Don't believed everything what you read, maybe they've already locked a certain amount of tokens to them or they can simply change the code then boom, they have their own tokens without us knowing.

And if you see something like this, I mean teams not getting any? That is too good to be true project and most likely it might pull a exit scam or suddenly disappear or the code itself is not foul-proof so stay away from that kind o projects.

batang_bitcoin

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It's because they also own a portion coming from the total supply. Read their whitepaper and maybe it's indicated there how much percentage the team owns from the 100% supply that they'll release into the economy. That's how most of the teams are earning at the beginning stage of the project but, it's even more when the project they're working with became popular because they can source out from the actual project and probably gets commission from the trades aside from the actual amount they hold.

cyber-i

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Merit: 10

Hey guys

I’ve been lately following a little these various meme tokens… Maybe I’m dumb (or just too old and not active enough in the new cryptos Tongue

), but how do these projects make any money for themselves? If they put 100% of the tokens into liquidity (e.g., on Uniswap or Pancakeswap), what does the team (the token creators) get out of this? What's the team's tokenomics interest here??

Topic: How do teams even earn from meme tokens ?? (Read 127 times)