Cryptomantis pfp
Cryptomantis
@cryptomantis
The $FAIR token launch on Farcaster sparked debate with a private presale where early investors held ~90% of the allocation. The creator admits it was a mistake not to enforce a 6-month lockup via smart contract initially, citing the need to raise capital. There’s a fairer way to fund projects: @farstore, transparent token launches ensure equal access for all, avoiding insider advantages. Learn how AppCoins raised funds equitably: https://paragraph.com/@kompreni/appcoins
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Osazzzz pfp
Osazzzz
@osazzzz
Bro I’m so out of touch w/ what’s happening recently
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Cryptomantis pfp
Cryptomantis
@cryptomantis
Another unfair launch with a selective private sale, where members are holding $80,000 worth of tokens at a $4 million market cap
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Osazzzz pfp
Osazzzz
@osazzzz
Hey why is it I never get called up into rooms like this 😂😂 But it’s not surprising not to say the least, this has been the main theme of this cycle “Max Extraction”
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Cryptomantis pfp
Cryptomantis
@cryptomantis
You need to be a well-known Farcaster user with many followers to be included on that list
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Osazzzz pfp
Osazzzz
@osazzzz
All I can say is wow, even @woj.eth is on there
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​woj pfp
​woj
@woj.eth
yeah i gave money to luc so agent has something to invest together with some other people no one sold, there is no extraction, we all want luc’s ai to invest it in farcaster companies luc expected this to be trade at 200k-300k market cap and noone would have any issue with it it teleported to 5m so suddently people look at this as some manufactured play
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pizza.base.eth pfp
pizza.base.eth
@thebestpizza.eth
there were sales of the private pre-sale - unfortunately the comms of this came out after people had already checked the chain examples wallet #1 1.2B transferred / 900M now locked 0xbCE055A67E1e8839EFc36Aea8fEE7881F85a1311 3.93 sell wallet #2 621M transferred / 301M now locked 0xd0a5D7c1E2b370fe5b0C992866CF3D574A2dACeB 9.36 sell 2.44 sell 1.03 sell 3.29 buy back 2.47 buy back wallet #3 1.2B transferred / 490M locked 0x9202B5a568959a1a65ce416ec566580a18474f03 dispersed to 5 further wallets 0x1927495fbf3A3ce628Cebf31637ce43A9DE70d5d - sold all ~ 4.4 eth 0x77CaCf646B2834e06A8D43FD2750272f7fD01623 - sold all ~ 4.4 eth 0x0EbD225ad7B2F05242d63C9CF8d57d23080749Fa - sold all ~ 4.4 eth wallet #4 1.86B transferred 0xfBD4683B927b9fB4FD59601AA3535D18821d28cE transferred 502M to 0x03239039f874da0E5F9BB37e508224De1ce63C15 then transferred 502M to 0x30a6e1243bf592A23fba58367f0c8B2Ba792b1D8 - sold 137M ~ 3 eth wallet #4 also transferred to 0x97d26B343FbC3F36A30998ae4CCCdc2E7870bBB4 - sold 240M ~ 4.7 eth
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Osazzzz pfp
Osazzzz
@osazzzz
As mantis said no need to explain yourself didn’t know there was a 6 months cliff as well. But you gotta admit it looks shady without having some specific context to the whole thing 😂
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Cryptomantis pfp
Cryptomantis
@cryptomantis
You are free to invest in whatever you want, and you don’t owe anyone an explanation, especially with that six-month lockup. I’m just pointing out that it seems unfair, and I was proposing another solution for raising funds
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Vlady🎩 pfp
Vlady🎩
@vlady
woj some one sold 😅
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mf42o.eth pfp
mf42o.eth
@mafa42o
2-3 team members sold at least a 30%
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flick the dev 🎩📦 pfp
flick the dev 🎩📦
@flick
sorry, I wasn't invited to the private presale for the "fair launch" coin so I didn't think it was very fair
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NFTKID23 pfp
NFTKID23
@nftkid
Call it $UNFAIR https://www.clanker.world/clanker/0x2E40D88b2bFc31F3f6789ca04025Bc3dB62ECB07
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