CarderPlanet
Professional
- Messages
- 2,552
- Reaction score
- 710
- Points
- 83
An ingenious divorce scheme in the world of cryptocurrencies.
Here's how to become a billionaire in a couple of months. You just need to crank one of the main scam schemes in the world of cryptocurrencies. About this in our new article.
Enjoy reading!
Let's analyze the ingenious hocus pocus which is now on the hype in the world of cryptocurrencies.
Hocus Pocus
We all know very well the same trick of pulling the tablecloth off the table. The trick is sleight of hand and sharpness, then there is a chance that all the dishes on the table will remain in place. Similar principles work in the world of cryptocurrencies.
It also has its own tricks. Rug Pull literally translates to mat pulling and is the most popular scam scheme in crypt since the formation of the entire market. And the name is really very apt, because the scammers literally pull the rug out from under the paws of the poor hamsters, leaving them to sit on the cool and damp floor. In general, you may have heard the word scam more than once from various crypto bloggers. "This coin is a scam," "Definitely a scam," and so on. This is mostly about rug pull.
What is its essence? Everything is very simple. Fraudsters create a conventional coin that supposedly has to perform some unique functions. An ICO is made, the coin is listed on the exchange, thousands of people are beginning to invest in it. When the price of the coin has reached the indicators necessary for its creator, he simply drops the project and hides with all the funds of investors. The coin immediately depreciates and all its holders remain in a huge minus. And now in more detail.
.png)
Stamping coins
To crank up rug pull, we first need to create our own token. The task is simpler and the process of creating a coin itself will not take more than a couple of minutes. Most of the scam coins are based on Ethereum. You don't even need to know the Solidity programming language for this. You can just take the ready-made source code of the ERC20 token and change a couple of lines of code in it. The most difficult thing is, perhaps, to choose a suitable name and a set of letters by which your token can be found on the exchange. All manipulations are performed on resources with ready-made templates, after which you can safely pour a coin into the general network. In summary, a token can be created on your knees, using only open guides from the Internet.
ICO
An optional step, but with its help you can raise a lot more money, as well as increase the chance that the scam will burn out. In a nutshell, an ICO is one big advertising campaign to lure investors into your coin. Large projects invest millions of dollars in ICOs and gather marketing teams of hundreds of people. ICO includes the creation of media channels to promote the coin, as well as a platform on which investors can buy the token itself. Also, normal guys form a serious document - a whitepaper, in which they describe the idea of a token, what it is for and how it should change the world. But we, scammers, are not interested in these high things. The most important thing for us is to get on the stock exchange and skim our cream off.
Listing
And getting on the stock exchange is not so difficult. Of course, in order to fly to the serious guys at binance, you will have to invest a couple of llamas, but ordinary small decentralized exchanges like Uniswap are suitable for us. They don't really check the token for scam, which is fine for us. In the case of large exchanges, a large-scale verification of the coin is carried out and much more money is needed to properly disguise itself. On "our" exchanges, listing takes place in a few clicks and all that is required of us is to add a couple of ethers to bring liquidity into the coin. That's it, now our coin can be bought and sold, and then it's up to marketing.
Magic
We, as classic scammers, will speculate on the hype. Check out what Indians are currently enjoying in the official Binance Facebook group. Oh Shiba Inu, Dogelon Mars. Exactly what is needed. We call our coin CuteShibaDogeMoon and declare that the coin was created to become the main means of payment on the moon, to profess the principles of transparency and decentralization. Tax, we already have the fundamental, you can gradually mow the babos. We launch viral advertising and immediately after listing on the exchange, they begin to actively buy our coin. But, it is worth remembering that we have the bulk of the coins. About a couple trillion. We sell everything calmly and get profit. The graph draws just such a thing, and we are already resting somewhere in the Bahamas.
Outcome
I described the whole scheme rather superficially, but, I hope, you get the essence. In general, a scam in a crypt is a whole art. If you liked this post, write in the comments and tomorrow I will release a sequel. See you soon!
Here's how to become a billionaire in a couple of months. You just need to crank one of the main scam schemes in the world of cryptocurrencies. About this in our new article.
Enjoy reading!
Let's analyze the ingenious hocus pocus which is now on the hype in the world of cryptocurrencies.
Hocus Pocus
We all know very well the same trick of pulling the tablecloth off the table. The trick is sleight of hand and sharpness, then there is a chance that all the dishes on the table will remain in place. Similar principles work in the world of cryptocurrencies.
It also has its own tricks. Rug Pull literally translates to mat pulling and is the most popular scam scheme in crypt since the formation of the entire market. And the name is really very apt, because the scammers literally pull the rug out from under the paws of the poor hamsters, leaving them to sit on the cool and damp floor. In general, you may have heard the word scam more than once from various crypto bloggers. "This coin is a scam," "Definitely a scam," and so on. This is mostly about rug pull.
What is its essence? Everything is very simple. Fraudsters create a conventional coin that supposedly has to perform some unique functions. An ICO is made, the coin is listed on the exchange, thousands of people are beginning to invest in it. When the price of the coin has reached the indicators necessary for its creator, he simply drops the project and hides with all the funds of investors. The coin immediately depreciates and all its holders remain in a huge minus. And now in more detail.
Stamping coins
To crank up rug pull, we first need to create our own token. The task is simpler and the process of creating a coin itself will not take more than a couple of minutes. Most of the scam coins are based on Ethereum. You don't even need to know the Solidity programming language for this. You can just take the ready-made source code of the ERC20 token and change a couple of lines of code in it. The most difficult thing is, perhaps, to choose a suitable name and a set of letters by which your token can be found on the exchange. All manipulations are performed on resources with ready-made templates, after which you can safely pour a coin into the general network. In summary, a token can be created on your knees, using only open guides from the Internet.
ICO
An optional step, but with its help you can raise a lot more money, as well as increase the chance that the scam will burn out. In a nutshell, an ICO is one big advertising campaign to lure investors into your coin. Large projects invest millions of dollars in ICOs and gather marketing teams of hundreds of people. ICO includes the creation of media channels to promote the coin, as well as a platform on which investors can buy the token itself. Also, normal guys form a serious document - a whitepaper, in which they describe the idea of a token, what it is for and how it should change the world. But we, scammers, are not interested in these high things. The most important thing for us is to get on the stock exchange and skim our cream off.
Listing
And getting on the stock exchange is not so difficult. Of course, in order to fly to the serious guys at binance, you will have to invest a couple of llamas, but ordinary small decentralized exchanges like Uniswap are suitable for us. They don't really check the token for scam, which is fine for us. In the case of large exchanges, a large-scale verification of the coin is carried out and much more money is needed to properly disguise itself. On "our" exchanges, listing takes place in a few clicks and all that is required of us is to add a couple of ethers to bring liquidity into the coin. That's it, now our coin can be bought and sold, and then it's up to marketing.
Magic
We, as classic scammers, will speculate on the hype. Check out what Indians are currently enjoying in the official Binance Facebook group. Oh Shiba Inu, Dogelon Mars. Exactly what is needed. We call our coin CuteShibaDogeMoon and declare that the coin was created to become the main means of payment on the moon, to profess the principles of transparency and decentralization. Tax, we already have the fundamental, you can gradually mow the babos. We launch viral advertising and immediately after listing on the exchange, they begin to actively buy our coin. But, it is worth remembering that we have the bulk of the coins. About a couple trillion. We sell everything calmly and get profit. The graph draws just such a thing, and we are already resting somewhere in the Bahamas.
Outcome
I described the whole scheme rather superficially, but, I hope, you get the essence. In general, a scam in a crypt is a whole art. If you liked this post, write in the comments and tomorrow I will release a sequel. See you soon!
