Sedibright.eth
@sedibright
The W Token Launch (A Community's Cautionary Tale) 1. The $W token launch on Farcaster began with high hopes, fueled by @phil's enthusiastic promotion. His endorsement generated significant buzz, attracting a wave of eager participants. here is a link to some of his promotions https://farcaster.xyz/farcasteradmin.eth/0xcf9ae26f 2. Before the official launch, a pre-coin platform was introduced to allow early supporters to invest. This strategy aimed to build momentum and reward early adopters, but it also opened the door to potential risks. here is a link as evidence https://farcaster.xyz/phil/0xeb70c8b6 3. Unfortunately, the pre-coin phase became a target for sniper bots. These bots quickly acquired large portions of the token supply, resulting in significant losses for genuine supporters who found themselves outmaneuvered and outpaced. link: https://farcaster.xyz/df/0x47b76853
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Sedibright.eth
@sedibright
4. In response to the setbacks, the team intensified promotional activities to stabilize the token's value and restore community confidence. Despite these efforts, the damage inflicted by the snipers had already taken a toll. https://farcaster.xyz/farcasteradmin.eth/0x4f557a8d 5. The $W community, expressed disappointment and concern over the launch's outcome. While there was no indication of malicious intent, the incident highlighted vulnerabilities in the launch strategy and underscored the need for stronger safeguards. evidence of disappointment: https://farcaster.xyz/zachharris.eth/0x8543afb7 6. The $W launch serves as a poignant reminder of the challenges in the crypto space. It emphasizes the importance of thorough planning and implementing protective measures to ensure fair participation and maintain trust within the community.
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