erc404

Base

If you jump into this, fully expect to lost 90% in the next couple of hours. That's how 404's have gone so far. Just want to give fair warning to those who haven't been paying attention to 404's. DYOR.

I tried to warn everyone. Article coming soon on 404s and why you shouldn't 'Ape in" to a 404 or how to protect your community if you choose to launch one.

Where else could we get this level of entertainment though? 🎢🙌

Coinbase employee (Investigatooor), personal account. Onchain is the future.

Agreed! It's a shame for collectors. Being early on a 404 is still always "too late", since bots run up the price before humans ever get a chance to join the party.

Hahaha true. I have nothing against the projects themselves, and don't think they're doing anything malicious, mostly just negligence. Brutal for supporters though.

I think there's evidence that suggests as soon as the LP is funded, advanced traders will buy up your tokens whether you announce the deployment or not. The best protection is some kind of WL or initial offering where tokens for initial funders can be purchased as soon as LP is funded.

Looking at what’s happening with these drops it seems detrimental to announce a drop date for these projects. Like it’s better to just stealth release and then make an announcement. Sucks that this seems to always happen with 404s