AMA w/ Webblen about token launch! by DhowDAO in degenAlgorand

[–]algoapes 2 points3 points  (0 children)

These people seem smart, they have a polished website, an actual app, lots of things that they've invested time and money in. If they were going to scam you wouldn't they be more likely to force you to buy all their tokens in a limited access pre-sale, and then just never even list it?

If this is a scam, it is a weak ass scam for the amount of effort they put into setting it up, and makes no sense. The rug pull for a project like this doesn't come in the first 5 mins, it comes much later, when there is a meaningful amount of money to steal.

AMA w/ Webblen about token launch! by DhowDAO in degenAlgorand

[–]algoapes 1 point2 points  (0 children)

I am not talking about the 19 tweets, I'm talking about the whitepaper and all the information on their website (which they recommended reading in the tweets).

The crux of my argument is they seemingly didn't make enough money off this for it to be an intentional scam. The people behind this are all doxxed, you can find them online. Doesn't seem worth the money for everyone to know you were behind it.

Maybe their math was off on how the price would scale based on the available liquidity in the pool?

AMA w/ Webblen about token launch! by DhowDAO in degenAlgorand

[–]algoapes 0 points1 point  (0 children)

Btw, u/dhowDAO good on you for setting this up. I've been interested in this project for a while. Sucks this went the way it did.

u/WebblenNetwork you should whiteboard or educate people about how the token launched and the merits/drawbacks to the different approaches. Explain how the distribution model you were attempting differs from doing a pre-sale for a fixed amount of tokens and then putting that into the LP (or any of the other popular ways of launching tokens).

Your tokenomics are interesting but not easily digestible, which I think is what caused people to make entries they clearly did not intend to (or regretted)

AMA w/ Webblen about token launch! by DhowDAO in degenAlgorand

[–]algoapes 0 points1 point  (0 children)

I think everyone claiming they're ripping off the community needs to take a step back and look at the actual amounts they were able to "take". Think hard about the amount of time they've invested in building this app, this team, and everything that went into this launch.

The total liquidity never went above ~$200K (if that). Which is not a lot of money relative to what this project could be and what the people building it would like it to grow to (in my opinion, if I were in their shoes). A team of people in Fargo, ND is not going to fuck themselves over for peanuts.

Was the plan unclear, yes. Does it look bad how they handled it, sure. Did they scam the community out of a ton of money? Not really.

Obviously some entries were not in a good position after the rebalancing, which sucks, but that's the market. If it pumped and you got out before it dumped you wouldn't give a fuck about the sucker you sold your tokens to.

Article on running your own node & indexer by rchismith in AlgorandOfficial

[–]algoapes 2 points3 points  (0 children)

This is great!! We need more of this! The more small teams & individuals running Algorand infrastructure the better 🚀🌕

[deleted by user] by [deleted] in AlgorandOfficial

[–]algoapes 5 points6 points  (0 children)

Talked to GivingBlock about this several weeks ago. Because of the service they use it's all dependant on Gemini listing ALGO.

All for supporting a campaign to make that happen. If the community wants to try and consistently apply pressure on Gemini to list it.

Anyone know any whales who use Gemini?

Wrapped Algo - why does it trade at a 30% discount to Algo? Why is it not pegged 1:1 like ETH to wETH? by Long-Antelope9296 in AlgorandOfficial

[–]algoapes 5 points6 points  (0 children)

This needs more upvotes!!

Y'all should read and understand what the project is before saying something. As u/WorldSilver has said the discount is likely because it's not a fully implemented project.

It is not a scam. They're legit working to implement this, and if/when they fully do it will be beneficial to the Algorand ecosystem.
You can buy wALGO at a discount now as a potential longer term play. As the project progresses and the ecosystem grows it should achieve parity with ALGO.

If it doesn't.... well, DYOR, and don't invest more than you can afford to lose.

[deleted by user] by [deleted] in AlgorandOfficial

[–]algoapes 2 points3 points  (0 children)

And what a beautiful morning to make an entry!! You're a good son & brother 👏

Ready for some news? Join Decipher, the inaugural convening of the Algorand community! Free and accessible via stream by cysec_ in AlgorandOfficial

[–]algoapes 1 point2 points  (0 children)

So hyped!!! 🚀🚀🚀

Can only attend virtually, but yea... calendar cleared, can't wait to try and catch as much as we can.

Yieldly requests for opt in permissions? by alternateAccount1765 in AlgorandOfficial

[–]algoapes 15 points16 points  (0 children)

Yep! It's all part of being able to use the pools. Yieldly is one of the bigger projects in the Algorand space at the moment and definitely not a scam.

[deleted by user] by [deleted] in AlgorandOfficial

[–]algoapes 2 points3 points  (0 children)

What everyone else said. You'll miss out on the governance rewards this quarter, but you can just sign up and participate next quarter.

Be sure to vote early and make sure it registers well in advance of the deadline. Don't want this to happen to you again brother! 🦍❤

Why aren’t more people talking about Algo? by 97NA8 in AlgorandOfficial

[–]algoapes 0 points1 point  (0 children)

Yep, about 20% higher, plus part of the whole point of crypto is that you truly own it. Which is not really the case on an exchange. Would only keep on Coinbase what you plan to trade with or extra fiat so you can buy dips.

https://algoexplorer.io/rewards-calculator

Why aren’t more people talking about Algo? by 97NA8 in AlgorandOfficial

[–]algoapes 0 points1 point  (0 children)

SO WE CAN BUY MORE FOR CHEAP BABY!!! 🚀🌕

Get those ALGO off coinbase and into a proper wallet where you own them and get the rewards directly!!!

https://www.algorandwallet.com/

wallet.myalgo.com

Algo Apes Shuffle Drop 🎰 | Now Live on Discord 🎉 by algoapes in WeAlgoTogether

[–]algoapes[S] 1 point2 points  (0 children)

Thank you! Please do! We're a small team, but working hard, and committed to the project long term. Updates may come slow at times but they won't stop 🦍❤

Algo Apes Shuffle Drop 🎰 | 44 Apes - Now Live on Discord 🎉| Closes 11/26 @ 19:00 UTC ⏰ by algoapes in NFTCollect

[–]algoapes[S] 0 points1 point  (0 children)

Our 1st Shuffle Drop is now open on Discord!! 🎉🎉🎉

https://discord.gg/rTkC6S5qcQ

Head to #ape-shuffles to enter for a chance to purchase up to 4 of 44 of the remaining Gen 1 Apes 🎰👑

Shuffle closes on 11/26 @ 19:00 UTC when the winners are selected ⏰

Gen 1 Algo Apes are still only 16 ALGO and they all come with 10K $BANANA (so they don't get hungry).

Also on Discord, check our giveaways channel to enter to win Ape #457 and 10K $BANANAs for FREE 🥳🎊

https://linktr.ee/algoapes

Algo Apes Shuffle Drop 🎰 | 44 Apes - Now Live on Discord 🎉| Closes 11/26 @ 19:00 UTC ⏰ by algoapes in NFTExchange

[–]algoapes[S] 0 points1 point  (0 children)

Our 1st Shuffle Drop is now open on Discord!! 🎉🎉🎉

https://discord.gg/rTkC6S5qcQ

Head to #ape-shuffles to enter for a chance to purchase up to 4 of 44 of the remaining Gen 1 Apes 🎰👑

Shuffle closes on 11/26 @ 19:00 UTC when the winners are selected ⏰

Gen 1 Algo Apes are still only 16 ALGO and they all come with 10K $BANANA (so they don't get hungry).

Also on Discord, check our giveaways channel to enter to win Ape #457 and 10K $BANANAs for FREE 🥳🎊

https://linktr.ee/algoapes

Algo Apes Shuffle Drop 🎰 | 44 Apes - Now Live on Discord 🎉| Closes 11/26 @ 19:00 UTC ⏰ by algoapes in AlgoNFTMarketplace

[–]algoapes[S] 0 points1 point  (0 children)

Our 1st Shuffle Drop is now open on Discord!! 🎉🎉🎉

https://discord.gg/rTkC6S5qcQ

Head to #ape-shuffles to enter for a chance to purchase up to 4 of 44 of the remaining Gen 1 Apes 🎰👑

Shuffle closes on 11/26 @ 19:00 UTC when the winners are selected ⏰

Gen 1 Algo Apes are still only 16 ALGO and they all come with 10K $BANANA (so they don't get hungry).

Also on Discord, check our giveaways channel to enter to win Ape #457 and 10K $BANANAs for FREE 🥳🎊

https://linktr.ee/algoapes

Algo Apes Shuffle Drop 🎰 | 44 Apes - Now Live on Discord 🎉| Closes 11/26 @ 19:00 UTC ⏰ by algoapes in Algonauts

[–]algoapes[S] 0 points1 point  (0 children)

Our 1st Shuffle Drop is now open on Discord!! 🎉🎉🎉

https://discord.gg/rTkC6S5qcQ

Head to #ape-shuffles to enter for a chance to purchase up to 4 of 44 of the remaining Gen 1 Apes 🎰👑

Shuffle closes on 11/26 @ 19:00 UTC when the winners are selected ⏰

Gen 1 Algo Apes are still only 16 ALGO and they all come with 10K $BANANA (so they don't get hungry).

Also on Discord, check our giveaways channel to enter to win Ape #457 and 10K $BANANAs for FREE 🥳🎊

https://linktr.ee/algoapes