Unhealthy Concept crypto token has jumped up to now few days.
The token’s market cap has jumped to over $78 million.
I believe it’s a rip-off that has no future within the business.
Unhealthy Concept crypto has moved from obscurity to turn into a well-liked cryptocurrency value over $78 million. The token surged to a excessive of $0.00000042 in the course of 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 sensible contracts.
Unhealthy Concept is likely one of the many mission that I imagine isn’t a precious cryptocurrency. In accordance with its white paper, it’s a mission 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 completely decentralized financial system.
Not like different tasks, Unhealthy Concept doesn’t have a roadmap. As an alternative, the builders hope that it is going to be a system of interconnected AI brokers working for humanity’s profit, as a substitute of it. A technique it can use AI is to supply weekly weblog posts on AI and different matters (is sensible?)
Unhealthy Concept’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 remaining will go to the workforce (we don’t know who’s the workforce), advertising and marketing, AI improvement, DAO improvement, and the Humanity Final Hope Fund. I imagine that each one these entities are the identical workforce of insiders.
Due to this fact, within the quick time period, there’s a probability that Unhealthy Concept token will rise as insiders pump it. It can then crash, with most consumers left holding the bag. The white paper provides that:
“The BAD IDEA Token and its related mission are meant for academic, leisure, and experimental functions solely. By participating with the BAD IDEA Token and mission, you acknowledge that you’re taking part in a high-risk experiment and assume full accountability for any selections you make.”
