Paps 9000 🔺
5.6K posts

Paps 9000 🔺
@Paps0x
Max degen avax user Teacher & working for @kardpay @avaxhusky French avax community spaces every wednesday at 10pm WET But currently on pause
Tunisia Katılım Nisan 2021
646 Takip Edilen2.3K Takipçiler

creating a token is hard.. especially hard when trying to keep the decentralized/open thesis while making sure insider traders dont have access to 15%+ of the supply.. (they obfuscate everything, and end up with it regardless)
ppl who have information early always end up on the greedy side, and you end up working.. not for the community but for one dude who literally got $40m of your tokens for close to 0.
and, since nobody wanna bid a token that the team have a certain control over it.. it just ends up being abused.. and there's nothing you can do about it.
I've learned this the hard way through last year.
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@nobsfud @lilkiddo_b Bro, I know you are disapointed but I just said something obvious answering your tweet, wasnt looking for debate. But you answered like I was a brainless personn that thinking owning the supply meant buying 99% of it lmao.
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@Paps0x @lilkiddo_b well, the whole point is about that case.. so not sure why you are here debating about other cases.
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@nobsfud @lilkiddo_b Perhaps in your case because he has key information that there were free money pumping it.
Your case is very specific.
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@Paps0x @lilkiddo_b brother, you are lacking key information.. that person was never gonna get shaken out.
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A successful cancer on the meme coins. If you have tokenemics with a useful token project thats different. But you cant launch shitcoins without market making them the hard way. All succesful memes on all chains got those kinds of behaviour and thats what ppl were asking on avax. You cant have both big runners and perfect healthy distribution. I mean it can happen, but once a lifetime.
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@nobsfud How someone can accumulate 8% of the supply at a 20m mcap token ? Its pretty impossible without sending the token at a very higher price
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@Paps0x you lost the scope.. you cannot just send the project from $200m to $20m saying we are keeping the price low because of bad accumulation from an unknown entity.
thats death to any project.. please dont launch a project with these as your solution.
it wont last.
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@nobsfud @lilkiddo_b Im telling you to do so before he was even x2. There is a long time between entering the token ans being x40.
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@lilkiddo_b @Paps0x the bad guy was up 40x but lets dump the top so he can only realize 30x at the cost of the community incredible
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@nobsfud Thats what should have been done for blub for example. Dump the paper hands and buy back their supply for cheap. Just let the believers enjoy the ride. Those who were able to hold to the ground.
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@Paps0x yea, sure but what happens when the dude is dumping millions? you also dump millions? and then everyone sees the team dump millions so everyone dump millions?
basic MM lol brother this is basic death
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@nobsfud You sell, the bad guy is down bad, he sells too. Then you buy back. Basic MM which is doing on a daily basis on solana.
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@Paps0x someone having 8% at 80% distribution or 4% at 40% distribution has the same impact.. hope this helps
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@nobsfud Are you trying to fool me or what? I just said "own the supply". Which basically means control most of it. Numbers can be discussed.
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@Paps0x you tryna tell me to have 99% of the supply? lmaoo
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@nobsfud Dont you think thats what most of the project have? A control over their supply?
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@Paps0x the fact that this is your conclusion to my original post is mind blowing
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You could put the funds in a multisig wallet. Give permission to both you and your community or FDN. Tx should be validated by both. Then use the funds steadily to provide treasury for marketing, MM, OTC for strategic partners.
At the end, it wont go up for eternity but at least you can manage your project the way it needs.
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@Paps0x to dump? like it genuinely doesnt solve anything
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@FaridRached @Nullshot_ai Interesting
I didnt know.
So xava is no more an ico dapp?
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bc they are adding massively relevant products to the $XAVA ecosystem like
@Nullshot_ai a serverless AI developer tool with pay as you go model
And there’s a MMORPG in development unlike anything that has been built so far. Highly experimental but could become really cool.
Paps 9000 🔺@Paps0x
@FaridRached how xava could survive?
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