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
), 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’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
), 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.