Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digital Currency
by
fibersketch
on 09/06/2023, 19:58:17 UTC
No wonder this project is going nowhere.  Forget the part about lack of communication and development.  When you actually DO announce some concept or idea like this privacy token, you do it it in a way where only a dozen people (if that) get a chance to try it out or be involved before it's too late.  So naturally, within like a week, all 21 million tokens are fully minted.  wtf.  

Talk about a way to NOT create buzz over a project.  Just another way to centralize more of the assets amongst a few who were lucky enough to catch the announcement or see the post at the right time.  I mean really?  10k a pop distribution with no mechanism to keep 1 person from taking them all using different wallet addresses?  no lottery or staking process for distribution?  what are you thinking?  who would even want this shit if they're not spread out at all in the community?  learn from the projects who do it right.

And as expected, not even a blip on the price of CLOAK even with this token addition and news.  In fact it just keeps crashing.  no surprises there.  no wonder nobody want it. no wonder barely anybody trades it anymore.  no wonder it will never hold a candle to any of the other privacy coins out there.  waste of time.

Held onto this turd for almost a decade and really thought it would rival XMR at some point.  I could have 50X my funds if I put them in literally ANY other asset over the years.  good riddance.


Dear CLOAK Community,

We're thrilled to announce that CLOAK's '$privacy' token is now deployed & ready for minting on the ORC-20 protocol.
Embark on this exciting journey with us now!

https://pbs.twimg.com/media/FwgkkxNXsAAg1q9?format=png&name=small

Peace & Love ❤️

Team CLOAK