Fairmoon Post Mortem ( A Safer Moon? )
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Let’s all take a moment of silence to remember those fallen by this scandalous rug.
How Did Fairmoon Start?
Ironically, Fairmoon was created as an “anti-rug coin” and as the “people’s coin”. Fairmoon minted 5 billion tokens and locked them into a smart contract. Most of all War on Rugs an anti-rug influencer sponsored the coin and audited it.
Fairmoon announced it would do its 10% burn of the coin but it didn’t happen. Instead, someone sold thousands of BNB tokens from Fairmoon’s liquidity pool and the scammer ran off with the profits. It is widely believed the scammer is Shappy the leader of War on Rugs. The is neither a fair crypto, a people’s crypto, or an anti rug crypto. Just take a look at their Twitter profile. They have been rugged!
This project has been declared RUGGED by the RugZombie team.
What is RugZombie doing?
- Any current holders of Fairmoon token (Fair) will be able to stake in our Fair GRAVE by the following process:
- Stake an amount of ZMBE (there is a deposit fee on all GRAVES)
- Deposit a single Fairmoon token for verification
- Earn a yield emitted in ZMBE. (This yield is calculated solely on the price of RugZombie’s token, NOT based upon Fairmoon)
- After a set number of days of continuous staking, you will be able to mint and claim your custom NFT.
We understand that our NFTs are rare, and not everyone will be able to participate in this grave, as not everyone holds the scammed token. RugZombie is doing all we can to identify rugged projects in our post mortem assessments.
We do not recommend buying known scammed tokens, this is highly risky and may result in financial lost and even rewarding the scammers. Tread cautiously. You can always wait for our secondary market to buy these NFTs from others.
See more about RugZombie in our other posts on Publish0x:
The information shared in these docs, our roadmap, our lite paper and white paper, and social channels such as this blog, is not financial advice and should not be misconstrued as such. The primary purpose of these documents is to provide potential token holders with pertinent information in order for them to thoroughly analyze the project and make an informed decision. Engaging in cryptocurrency projects involves substantial risk and it is strongly advised that you consult with a financial professional prior to your participation. These documents do not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. Neither RugZombie nor any of its contributors or creators shall be held liable or responsible for any errors or omissions concerning this project or for any damage you may suffer from your participation or as a result of failing to seek competent financial advice from a financial professional. This white paper is not in any way intended to create or put into implicit effect any elements of a contractual relationship.
Originally published at https://www.publish0x.com.