Post
Topic
Board Gambling
Re: Metalottery.Win - Crypto Lottery 100% Decentralized
by
Krislaw
on 14/03/2023, 21:04:57 UTC
As much as I love the concept of your website, I am more concerned about the past and current performance of PLT token as shown on Coinmarketcap and it isn't really impressive and it would scare someone like me to want to purchase a token with low daily transaction volume and little liquidity. Just imagine a big win and I am unable to trade my tokens because there is no liquidity.
And also, the tokenomics are confusing as well. Currently, the top two holders are holding around 70% of the supply which is huge. According to the whitepaper, 35% is meant for Allocation for lottery pools will be distributed for 2 years for promotion and adoption, but i see nothing like that here. Wallet address 0x2179ef18000938434ffd6608631961d164def3b4 is holding 37.6408% and has been the one making outgoing transactions which I believe could be the wallet that's handling the promotion and adoption but isn't the 35% like the whitepaper said. The second wallet holding 33.7218% doesn't have outgoing transaction and the last incoming transaction on the wallet an amount 5.4 million tokens. Do you mind explaining what the wallet is meant for and why the tokenomics doesn't actually match well?
Welcome to the forum btw. Hoping to read your response.