Originally Posted by zijlstravideo

Smart business plan, got to give 'em that.

- Copy smart contract source code
- Paste source code into a new token
- Share a nice amount of tokens among the team
- Build simple website (aka change some template)
- Invest 10 to 20K by paying "influencers" on social media and Youtube to shill the coin
- Wait until enough morons start buying in
- Pretend there is some development going on (while you're getting rich $$$$ and waiting for the next bear market to come, so everyone forgets)

Common sense reaction: Sounds like a complete scam with no long-term plan, and which only benefits the "developers", and maybe the ones that got tipped off during the first few days after the launch.

The average social media crowd: "Great use case!" "This is going to be huge bro."


Got nothing against these kind of tokens, but what I can't stand is the amount of retardness in the comments. The fact that there are people among us so fuckin' retarded that they defend these kind of tokens ("It's a legit team, not a shit coin, this is going to be the future of the industry bla bla") while not even realizing they are being scammed.