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/biz/ - Business & Finance

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19605100 No.19605100 [Reply] [Original]

You might've heard the FUD the devs were exit scamming, they never made any move with their wallets, but one whale (one bot whale) start dumping heavily, millions of tokens, and the fud took over, weak hands were shaken the fuck out.

This project is basically the most transparent of all these deflationary tokens in this season, you can find the linkedin of the teams previous project, predictioncoins, and Antonio Fernandez Silva, one of the founders of Flama (Boss Bit for people who post on the telegram group)

https://www.linkedin.com/company/predictioncoins/

https://www.linkedin.com/in/antonio-fernandez-silva-213418110/

As well as Pedro Miranda Gomes

https://www.linkedin.com/in/pedro-miranda-gomes/

The full team will be shown in the website, together with the white paper later this month.

The Team had already teased huge announcements for today, so strap in because it's gonna be an interesting one The lowest price this project was seeing was .01c until the dump today, it has already recovered to 0.0076c and the same amount of holder addresses it had before.

The team also migrated the pool to uniswap V2, but it is a little bugged still, they are fixing the issue with Uniswap


https://uniswap.exchange/swap?outputCurrency=0x2afd9ce07d4186e8f3671d52200850760a8e1f70


More about the token's purpose in the second post

Official Telegram channel:
@Flamaannouncement
Official group talk:
@flamatoken

>> No.19605127
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19605127

Introduction:
Blockchain technology is changing. Defi is evolving. bockchain technology is changing the world. Over the past decade, the world finance system has proven how convenient and secure is blockchain.
The Ethereum network has played and still is playing a significant role in Blockchain finance evolution. With thousand of projects out there, each of them solve a different problem of the finance system.
Decentralize Finance Defi has proven to play an essential role in this regard and deflationary projects will improve this. USA Government is printing money without control. This should end.
What is FLAMA (FMA) Token?
FLAMA (FMA) is a deflationary token with a 3% burn rate. Every time a user makes a transaction, 3% of the FMA sent is designated to the burn wallet address and is permanently destroyed (known as burning). Effectively this means that the total supply of FMA token is decreasing with every transaction confirmed by the Ethereum network. FLAMA token markets itself as the first deflationary token ready to be integrated with Smart Decentralized Applications (DApps). While it is true that deflationary tokens are by all means not a new concept, generally speaking, they are lacking in use cases and do not have a roadmap that focuses on providing a sustainable ecosystem for their token to thrive in - this is the problem FLAMA token is aiming to solve with a new feature they call Flamanet.
Flama soon will implement Staking.
Flamanet will bridge the gap between deflationary tokens and DApps by providing various developer tools such a NodeJS integration. A NodeJS integration will allow FMA token to be easily integrated into various on chain applications. As more on chain apps are released that interact with FLAMA, the ecosystem will grow alongside the token's usability and allow the community to explore more innovations and use cases.


Pretty ebin project, anon.

>> No.19605194
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19605194

Bought the dip, Mr President.

>> No.19605217

idk this seems like a fuck ton less liquidity on v2 seems shady thoughts?

>> No.19605237

a lot of hype words

>> No.19605239
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19605239

Pyro is better... Eventually.

>> No.19605295

burn me please

>> No.19605314

well good price to buy im getting more now ;)
can only go up from here

>> No.19605319

>>19605217

It's a bug the team is currently fixing

>> No.19605360

>>19605319
Besides some people still didn't migrate their sh re of the pool

I did mine now.

>> No.19605368

>>19605100
I 4x'd my stack in the dip. Couldn't be happier.

>> No.19605426

yeah ok ill bite lads

>> No.19605538

>>19605426
Welcome to cozy fire, anon

>> No.19606471

>>19605538
thinking I was gonna get back in with a smaller stack. can't decide. Ngl this project seems like absolute shit but might be able to ride the waves for a lil profit this week and next before we all forget about it

>> No.19606503
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19606503

AAAAAAAAAAND we back to .01c lads, just like that

>> No.19607365

>>19605100
when is announcement??

>> No.19607595

yeaaaah BURN FLAMA BURN

>> No.19608267

>>19607365
In 2 hours