/biz/ - Business & Finance

website : https://falconswap.com/
Uniswap link : https://uniswap.info/pair/0xe275eb6154cb4a73f0ba573e43b2b06e9e78b7f0

To sum it up, Falconswap is a layer-2 scaling solution basically aiming to become an aggregator for DeFi platforms, mainly Uniswap but others such as Kyber, Balancer pools, Bancor, etc.
The main attractive point for everyone who came to know about this token is the advantageous trading fees it promotes by kinda "merging" txns together - and the successful testnet they ran giving legitimacy to the project, which can be seen on this medium article :
https://medium.com/falconswap/introducing-falconswap-124b67b8ec6b

Considering the massive rise in activity decentralized platforms have known lately you realize the potential sitting behind such a project.

There must be a catch, then.

Yes, of course there had to be fucking red flags, and they should be enough to drive you away. Namely :

>Developers and admins of Ethverse are probably involved in Falconswap
>Anonymous team
>No working product as of now, only hype is maintaining the $5M Volume
>The grouping of txns for market buys/sells is obviously prone to manipulation
>presale investors are already x3-x4, and they have been suppressing the price for the time being
>Twitter saying FSW was up 400%
FUD has been spreading around saying that the team was selling when it actually was the presalers. The fact remains, price is still manipulated. However, seeing as we're sitting at 0.25 - 0.30 USD now with a strong support at 0.20, I unironically believe now would be a good time to invest and leave as soon as you double your initial investment when the first wave of presale sells cools down. Do what you will, use this thread to discuss and provide more information about the team or report any unusual wallet movements. DO NOT FOMO OR LISTEN TO THE PAJEETS SHILLING THIS AS IF IT WAS GROUNDBREAKING OR TRYING TO COVER FACTS. ALWAYS DYOR