Bad Idea crypto token has jumped up to now few days.
The token’s market cap has jumped to over $78 million.
I think it’s a scam that has no future within the business.
Bad Idea crypto has moved from obscurity to develop into a in style cryptocurrency value over $78 million. The token surged to a excessive of $0.00000042 throughout the weekend after which pulled again to the present $0.00000015.
The crypto business is made up of 1000’s of scams. This course of has been made attainable by crypto tokens, which might be created by anybody in a couple of minutes. Most of those tokens are constructed utilizing Ethereum and BNB good contracts.
Bad Idea is among the many challenge that I consider just isn’t a invaluable cryptocurrency. According to its white paper, it’s a challenge that mixes the ideas of synthetic intelligence (AI), blockchain, and decentralized autonomous group (DAO). It goals that these three elements will assist to create a absolutely decentralized financial system.
Unlike different tasks, Bad Idea doesn’t have a roadmap. Instead, the builders hope that will probably be a system of interconnected AI brokers working for humanity’s profit, as a substitute of it. One means it should use AI is to provide weekly weblog posts on AI and different subjects (is smart?)
Bad Idea’s tokenomics appear to favor insiders, who I count on wil be cashing in quickly. It has a provide restrict of over 831 trillion tokens, with 58% going to the general public. The relaxation will go to the workforce (we don’t know who’s the workforce), advertising and marketing, AI improvement, DAO improvement, and the Humanity Last Hope Fund. I consider that each one these entities are the identical workforce of insiders.
Therefore, within the quick time period, there may be a chance that Bad Idea token will rise as insiders pump it. It will then crash, with most consumers left holding the bag. The white paper provides that:
“The BAD IDEA Token and its associated project are intended for educational, entertainment, and experimental purposes only. By engaging with the BAD IDEA Token and project, you acknowledge that you are participating in a high-risk experiment and assume full responsibility for any decisions you make.”
