Differentiate your legitimate blockchain platform from scam blockchains via decentralized vesting.
Since the start of the cryptocurrency era in 2009, with the launch of Bitcoin (BTC), there’s been anexponential growth of different cryptocurrencies. Along the way, the market has experienced a number of booms and crashes, the latter mainly arising from a swell number of scam projects rising in tandem with
the bullish market.
During the ICO market of 2017, blockchain-based NFTs and more recently, the crazy DeFi boom many scam projects were developed with no use case or utility. Shortly after, the value of these projects collapsed or developers “rug pulled” investors as their tokens went to zero. However, the vast number of scam projects caused negative publicity causing some legitimate projects to close down or lack sufficient investment to build.
What if there was a definite way to tell a scam from a legitimate project? Most probably,…