Solution for pumping and dumping of new tokens ?

Arch Crypton Game

copper member

Activity: 49

Merit: 0

Quote from: Rowenta on January 21, 2021, 02:56:50 AM

1. I thought the name will be pixiu finance but the website is koinvendors.com, can't afford new domain?

2. 14% of the total max supply will be given out as airdrop? And this doesn't bother you? Even 1% of total max supply to promoters still cause dumps this days lol

3. The website design is soooo popular, I've seen this act too many times before, who are the teams anyway?

Naaa, I will definitely pass by and invest my money in other projects

for your 2 nd question ---> I talked with the team members and they said that they are going to reduce the amount for airdrop

JHORN

member

Activity: 252

Merit: 15

Sovryn - Brings DeFi to Bitcoin

Can't say about others, but to me the rise and fall (Volatility) in crypto price can be considered as pump and dump, crypto isn't stable as we all know so there is no way to solve this issue, there is no solution to this than to go stable coin

LogitechMouse

legendary

Activity: 2576

Merit: 1043

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I have been in the crypto space since the boom of ICO's and new projects (2017).
I have seen many new projects in the crypto space and all of them have a same ending.

I didn't see any new tokens that isn't a victim of pump and dump scheme. 14% is too much and you want to give the token after listing? Why to prevent price drop? Holders and the team itself will be the ones to make the price go down thru dumping in an exchange.

For me, take the risk or just find another altcoin. There are many altcoins there who are more trusted and can give you profits in short, mid and long term. Just pick unto them

.

Inkdull

member

Activity: 238

Merit: 10

I still don't see how this project is solving pump and dump problems affecting many new projects, and the use case is also confusing, and also why is the name different from the link to the website? That is a big red sign, this project can't be trusted

Gunday_07

member

Activity: 280

Merit: 11

Quote from: poodle63 on January 21, 2021, 04:04:30 AM

14% of total supply as airdrop is kinda too much? Maybe if you're airdrop hunter it's gonna be worth a try (haven't looked to the project deeply enough) but that much of an airdrop could be a double edged sword moreover if people just come to get an airdrop and dump it. If you want real solution from new coin dumping you better make a buyback program which of course gonna be costly or otherwise preventing dump gonna be a dream.

Quote from: Rowenta on January 21, 2021, 02:56:50 AM

1. I thought the name will be pixiu finance but the website is koinvendors.com, can't afford new domain?
Naaa, I will definitely pass by and invest my money in other projects

agree LOL, that's a red flag for me.

14% is way too much, the project will dump massively, even 2% of max supply from projects that aren't well hyped can lose value pretty fast and find it hard to recover for some time, most bounty projects nowadays only give 0.1% of their max supply for promotions

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

14% of total supply as airdrop is kinda too much? Maybe if you're airdrop hunter it's gonna be worth a try (haven't looked to the project deeply enough) but that much of an airdrop could be a double edged sword moreover if people just come to get an airdrop and dump it. If you want real solution from new coin dumping you better make a buyback program which of course gonna be costly or otherwise preventing dump gonna be a dream.

Quote from: Rowenta on January 21, 2021, 02:56:50 AM

1. I thought the name will be pixiu finance but the website is koinvendors.com, can't afford new domain?
Naaa, I will definitely pass by and invest my money in other projects

agree LOL, that's a red flag for me.

PerfectCircle

member

Activity: 252

Merit: 11

And yet another lame use case, 👎👎👎👎👎, what's all this OP? You better don't invest your money on such project, what is this project trying to solve in crypto space? You'd better wise up, this is 2021 and you are still sticking yourself with all this old useless projects of 2018

Eco_111

member

Activity: 210

Merit: 14

Your topic says solution to pump and dump of new tokens and the explanation says another thing entirely, you are just shilling for a new project, tell me are you the developer? That 14% to airdrop hunters is a big red flag, that will surely brings dump 100%, for even a project that's not attractive at all? Goodluck

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Lol, another way to shill for this project, I don't see any solution for pump and dump for new tokens unless the project is not going to list in on an exchange, then you can be call scam. The ironic part is that it is the nature of most projects, to create money so the pump and dump are going to exist, whether it is a fraudulent act or not. So it will be part of the existing ecosystem and for me, let it pump and dump so see how really strong the project is. Otherwise, they can't last long as investors are going to see the project as no real life usage.

Shallow

sr. member

Activity: 938

Merit: 255

SmartFi - EARN, LEND & TRADE

The truth always is that the team of any project can say whatsoever they want to get the attention they need, to get the investors they want as well as the promotions they want but the other fact still remains that, it is investors that will first dump the token before bounty hunters or airdrop participants, so they should find another strategy they can use to make sure their token won't dump. Also, looking at what they said, 14% will be disbursed for airdrops, that is a very big problem right there, 14% is too much when compared to other projects which have very little allocation for promotional services, therefore I see this as a trap to lure airdrop participants to do the work, then come up with an explanation later as to why the allocation is huge and of course there is nothing anyone can do than to agree with them.
Lastly, is this a rebranded project or what, looking at the website it looks different, thus if I am to invest, I would not do so because of that allocation among others things like lack of seriousness etc, owing to the fact it defeats their aims of curtailing dump and lack of dedication towards the end goal; however, at thus juncture in the market going for top altcoins seems to be a better option for me.

RabbiTANK

member

Activity: 224

Merit: 18

Sovryn - Brings DeFi to Bitcoin

Unfortunately I don't trust this project, find better stronger new projects to invest your money on, this project looks suspicious to me, look into the following new projects, they are trending right now

1. Optionroom
2. DEXE
3. PAID Network
4. Marlin Flowmint

Rowenta

member

Activity: 196

Merit: 12

1. I thought the name will be pixiu finance but the website is koinvendors.com, can't afford new domain?

2. 14% of the total max supply will be given out as airdrop? And this doesn't bother you? Even 1% of total max supply to promoters still cause dumps this days lol

3. The website design is soooo popular, I've seen this act too many times before, who are the teams anyway?

Naaa, I will definitely pass by and invest my money in other projects

adeeshaa

jr. member

Activity: 67

Merit: 3

Hi , I read a whitepaper of [ PIXIU FINANCE ] project and its a new project , and they have mentioned several solutions for pumping and dumping in new tokens[new projects] in their whitepaper .. And its a decentralized token, and like every other projects Pixiu finance is controlled by the Pixiu traders.

And followings are their solutions , What do you think , will this be a good one for invest at least 50$?

1. 14% of the Pixiu finance is what will be disbursed for Airdrop so a trader dump
will not affect the token. Disbursement of the token will be done after listing on the
various exchange platforms available to help increase the circulation and demand
for presale traders.

2. The maximum amount of the Pixiu finance that a trader can Stake or Presale is
$5000 to avoid anyone having the power to pump or dump.

3. Only 10 shareholders will have a pixiu finance worth $10000 but not enough
also to pump or dump the token.

4. An increase in Ethereum token will subsequently increase the value of the pixiu
finance by twice its value because of the lower volume of the pixiu finance
compared to Ethereum.

5.Pixiu finance will make it easy for traders to buy goods and receive flat
currencies through the use of its API available at koinvendors.com.

This API can be added to the trader’s website to help receive flat currency to their
bank with the use of a payment gateway called flutterwave,paystack and paypal.

COPIED FROM WHITEPAPER

website - https://koinvendors.com/

Topic: Solution for pumping and dumping of new tokens ? (Read 128 times)