[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 64 KB, 1015x1024, 1632996486557.jpg [View same] [iqdb] [saucenao] [google]
56010056 No.56010056 [Reply] [Original]

this is launching soon, supposedly dev can change the name of it to anything whenever, which is bullshit lol, I am working with contracts for 1 year and there's no way this works.
https://the-concept.lol/

>> No.56010073

>>56010056
Looks like straight CAP

>> No.56010078
File: 26 KB, 500x500, R.gif [View same] [iqdb] [saucenao] [google]
56010078

>>56010056
>I am working with contracts for 1 year and there's no way this works.
git gud nub

>> No.56010152

>>56010056
>copy pastes some code
>working with contracts for 1 year

>> No.56010164

website looks cool, the idea is legit but idk about lbp, how does that work, when do i ape and can i sell my bag before it goes live?? any anons did this kinda presales before?

>> No.56010169

>>56010056
I am on their telegram and still don't fully understand what the dev is doing

>We are pleased to announce the details of our upcoming LBP.
50% of The Concept's total supply has been paired versus WETH (Wrapped Ether) here:
https://fjordfoundry.com/pools/mainnet/0xAabDE9bbDEC4139BFd1dc4902bA7F12A45d0b48e

>The LBP will start right about Saturday, 02 September 2023 at 21:11 UTC and will run for a total of 72 hours. We've configured the pool to start at 90% N/A and 10% WETH. By the end of the LBP, the weights will be flipped to 10% N/A and 90% WETH.

>Shortly thereafter, the funds accumulated through the LBP ought to make their way to our multisig (safe.the-concept.eth (https://etherscan.io/address/safe.the-concept.eth)))), where they will be combined with the remaining 50% of tokens to serve as our initial liquidity. This leaves 5% (+ any unsold) for the team as marketing funds. Please note there is a 4% fee on trades, 2% to the Fjord Foundry team and 2% to us.

What the fuck is all this? It's definitely nothing like the 4% tax shitcoins I'm used to buying