FTT/FTX MONEY GRAB?

Cryptopleb
3 min readJul 25, 2019

There was an AMA in Daku Channel and I Followed it as mentioned before I see this as a total money grab now for sure. Careful for all the (paid) Kols sharing it. Always dyor and if you want to invest that is up to you.

Here is the google link(this is a copy of mine ) https://docs.google.com/spreadsheets/d/1kQevrbK1IF3MUfAKwdOjYa3M7Fd-Mq_GcJpesMlIZ-4/edit?usp=sharing

Seed 5 million raised for 10 or 20 cent unlock within 1,5–3 months FULL UNLOCK. Compared to Presale 70 cent- 1,25 this is average x 5–10. So dangerous for presale

From their website: Earlier FTT purchased will also begin unlocking at listing, but will unlock over 1.5 months (for investors who purchased FTT at 20–60c round),1 month (for the 60c — listing price round) or 3 months (for seed investors).

Other parts of the AMA worries me very much:

Lots of buy demand? from who? If I can get into seed 10 or 20 cent i would also be happy and dump on all presale noobs :)

So you are saying 5 million tokens a month aka 500k-5million aka 180 million for team ? you wont sell in upcoming 1–2–3 years?

FBG IN SEED? Rekt.. NO words needed

So he is basically saying the seedfunding helped him alot so they deserve to earn money on you plebs?

I believe the project fundamentals are really good and can be a big competitor in this market, but as an investor that can buy in presale I would say a big NO . I don’t want seed with 10–20 cent dump on me and they got unlocked in 1–3 months. And the team answers worries me very much + Team token unlock 175 million of 350 million is for the team. Thats a lot of tokens…

Add on: after this remarks of mine Darren replied: It is a fine and polite man but the answers are a bit funky: see yourself

Add on : from https://t.me/ftx_dach

Don’t forget to join us
https://t.me/CryptoPleb
https://t.me/CryptoPlebann
https://t.me/CryptoPlebNews

--

--

Cryptopleb
Cryptopleb

Written by Cryptopleb

$no fin advice $gemhunter $shill me your coins

No responses yet