Post
Topic
Board Altcoin Discussion
Re: Dextrust:::Another Scam Waiting To Happen:::Or:::Not??? You Decide
by
Fivestar4everMVP
on 17/09/2020, 06:22:43 UTC
According to the information the OP gathered about the project in the subject I think tagging the project as a scam is not justify just because they didn't provide the team information and the last time I check there is a couple of crypto project in the market now especially the Defi project which mostly doesn't provide information about their project team but they didn't launch another initial offering.
If the project subject launches initial offering then it can be a scam awaiting a project.
just as another member already pointed out to you, they held an initial offering which I think was held on uniswap where they raised 4000 eth, out of a total of 4000 eth raised, they claim 3000 eth is locked permanently on uniswap forever and they can never have access to it or touch for any reason, i enquired from them why is this and what for, they said it's a liquidity pool, that the locked 3000 eth will be used to make sure that liquidity never goes out of DETS token.

As good as that may sound, i absolutely don't believe it, check the token on coinmarketcap, it has been dropping in price everyday by day.