Off-chain pricing or fixed-rate presales? Here's what usually goes down:

First off, the market almost always calls BS on your numbers. Second, regular users end up fighting each other in some ridiculous raffle just to get in. Classic setup for disaster.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
5
Repost
Share

Comment

0/400

RektRecorder

· 13h ago

To be honest, I've seen this trap way too many times, the market doesn't buy it at all, and in the end, retail investors tear each other apart, like a casino.

View OriginalReply0

PonziDetector

· 12-02 00:05

It's the same old trick again, the market sees right through it, retail investors are caught up in it with each other, and in the end, it's a total mess.

View OriginalReply0

MetaverseHomeless

· 12-01 23:54

It's the same old story; in the end, it's always the Large Investors making money while the suckers get the scraps. The lottery system is even more ridiculous; it's purely based on luck.

View OriginalReply0

WhaleWatcher

· 12-01 23:46

This trap is old and tired; it's the same act every time.

View OriginalReply0

VitalikFanAccount

· 12-01 23:40

The on-chain valuation method is already outdated; it's better to directly observe how the Secondary Market is dumping.

View OriginalReply0