Sedibright.eth pfp
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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jazzycat pfp
jazzycat
@trbnjoo
It's crucial for projects to implement fair token distribution strategies to avoid situations like this. The impact of sniper bots on genuine supporters is truly unfortunate. Let's hope for more secure and inclusive launches in the future.
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