Topic: The most awesome whitepaper for an altcoin (Read 112 times)

The team clearly explained that the coin is shit. Still it got listed on Binance reached it peak price of $0.1 then got dumped and is now trading at the price of $0.03. I don't think any of thier investors can now claim that the team is responsible for the fall of the token. This is how a white paper of a meme coin should be written, wherein they have already set the expectation of their investors correctly.

In your own view the author is a genius but from my perspective he could also be targeting good attention as he specifically focus on the flaws of other tokens that are considered scams.

He isn't promising anything for a reason. Well maybe i just simply don't trust tokens that are independent contracts or projects that are developed by a single author.

But the fact is no matter how good the white paper is people will probably not value reading it.

It is refreshing to see something so honest when these days all we see are altcoins trying to be the new something or the next something they are always trying to promise something that we all know would really not come true but some people still invest on it meanwhile this project says out front what it is and what it is not we have to give some respect!

A typical example of truth hurts, and it's better to hear it and know the level of your expectations, so you don't say that you've been deceived. The writer is very blunt and I wonder about his expectations for getting investors, since they'll want to hear assuring promises, even if they know that half of them might not be fulfilled. Good luck with the truth, atleast people knows the expectations of what they're buying with their money.

The author of WPP indeed has an impressive point of view, but the actual developments inside the project seem to be a way of deceiving everything stated. I knew about this project and was quite interested in its airdrop process and indeed It actually resulted in a huge airdrop for NFT holders of the project.

Anyway, the way the team is building the project is quite sustainable to me because in addition to the brand name, its nature also brings things that not any project in this space can do. It's true that not liking to promise but only development and users will evaluate it later is quite an interesting marketing tactic.

In addition, I also know about the plan that they will probably build a quite comprehensive ecosystem with a combination of many fields, but just like WPP's content, other than what has been mentioned, they do not reveal details maybe if you're not really interested in the project you won't be able to get any more information about it, cute simplicity

Well, at least he knows the market.

None of these degenerated gamblers gonna read some whitepaper. I bet most of them just asking, and then think "Hell nah, even the whitepaper is shit still gonna trade these shite".

A good information, for a correct market target victim ~XD Degenerated Gambler only care how much % gain they can make rather than information ~XD

At least he was sincere with his words and made it very clear that this is only for speculation.

It even deserves congratulations for its honesty lol

Completely different from the vast majority of currencies, they are scams just to enrich developers by promising things that will never exist.

https://www.memecoin.org/whitepaper
"Memecoin (“MEME”) is a digital token compatible with the ERC-20 token standard. MEME has no functions, no utility and no intrinsic value, no promise or expectation of any financial return, profit, interest or dividend.

For the avoidance of doubt, and without limiting the generality of the above, MEME is not, and is not intended to:

be a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt;

be designed or intended to be used by any person as payment for any goods or services, whether through the Memeland Group or otherwise;

entitle holders to exchange MEME for goods or services;

be a representation of money (including e-money);

be a digital representation of a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity or any other kind of financial instrument or investment in any jurisdiction;

be a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity or any other kind of financial instrument or investment in any jurisdiction;

represent any shareholding, participation, right (including but not limited to voting rights), title, stake or interest in, or right to participate in business operations of any entity, enterprise or undertaking (including without limitation any member of the Memeland Group);

represent any entitlement to any voting rights in respect of the “Memeland” ecosystem as described on the websites, www.memecoin.org, www.memeland.com and any webpages hosted thereon (“Websites”) as a whole;

represent any entitlement to fees, dividends, revenue, profits or investment returns;

represent any rights under a contract for differences or under any other contract the purpose or purported purpose of which is to secure a profit or avoid a loss;

be refundable or exchangeable for cash (or its equivalent value in any other digital asset); and/or

represent any indebtedness.

There is no guarantee and no commitment to list MEME on any exchange."
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This author is a genius