Disrupting the industry (yes, again...) $PAWG token

[zijlstravideo]

A lot of "disrupting" going on lately...

For the meme-coin fans among us that are looking to swap their $cum(mies), here's the new turd on the block: https://www.pawgcoin.io/

This coin fixes all the problems the industry faces these days.
Just kidding. More NFT-crap and all that.

[gtsix]

yeah we can see whole industires disrupted every day ain't we...



the ones in red are basically the same for every other coin... charity labeled "to support women" but how they mean... like supporting abused women with poor mental health or supporting spoiled pornstars to have the next bag of coke? I wonder

the 2 in green seem interesting but might just be fucking lies, one may never know for sure before shit is rugpulled

[gtsix]

first very promissing sign, the girl with the peach is from FreePik database... those models would be happy about getting connected to adult-related projects without anyone ever asking definitely proves how many top tier celebrities they could be associated with

https://www.freepik.com/free-photo/b...tm#&position=9

[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.

[Klen]

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.

You just described 99% of alt coins

[zijlstravideo]

Originally Posted by Klen

You just described 99% of alt coins

Hihi. I guess I did. The amount of alt coins or tokens that actually serve a good purpose or in which making use a blockchain in the first place makes sense, might as well be as low as 1%.

However, I do think there are alts out there that could be highly beneficial to certain industries.

[Klen]

Originally Posted by zijlstravideo

Hihi. I guess I did. The amount of alt coins or tokens that actually serve a good purpose or in which making use a blockchain in the first place makes sense, might as well be as low as 1%.

However, I do think there are alts out there that could be highly beneficial to certain industries.

Yes but here is key problem - people make a specific token for some industry, yet that same industry is not using any crypto yet. Unless industry is already using mainstream cryptos like BTC , etherum and tether, making a specialized one is utter waste.

[zijlstravideo]

Originally Posted by Klen

Yes but here is key problem - people make a specific token for some industry, yet that same industry is not using any crypto yet. Unless industry is already using mainstream cryptos like BTC , etherum and tether, making a specialized one is utter waste.

I agree! But I was aiming more for blockchains or tokens which serve a certain unique function, and less in terms of being another token just for making a payment.

For example: supply chains, proof of ownership for authors/content creators/developers etc by storing a timestamped hash of their digital media on chain, items in virtual worlds or games, a smart contract for software licensing etc.

Basically anything that is code-based (or textual/hashed content) and the data can be stored directly on the blockchain and can be used in software without the need of a third party. Key being, everything needs to remain on chain at all times. The software should do its work by verifying ownership with an build-in wallet and then continue reading the stored data and execute the code. Edit: basically what NFT's should be used for.