Dangerous 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.
Dangerous 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 throughout the weekend after which pulled again to the present $0.00000015.
The crypto business is made up of hundreds 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.
Dangerous Concept is likely one of the many mission that I imagine just isn’t a worthwhile cryptocurrency. In keeping 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 components will assist to create a completely decentralized economic system.
Not like different tasks, Dangerous 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 method it should use AI is to supply weekly weblog posts on AI and different subjects (is sensible?)
Dangerous 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 remainder will go to the group (we don’t know who’s the group), advertising and marketing, AI growth, DAO growth, and the Humanity Final Hope Fund. I imagine that every one these entities are the identical group of insiders.
Subsequently, within the quick time period, there’s a probability that Dangerous Concept token will rise as insiders pump it. It should then crash, with most patrons left holding the bag. The white paper provides that:
“The BAD IDEA Token and its related mission are supposed for academic, leisure, and experimental functions solely. By partaking with the BAD IDEA Token and mission, you acknowledge that you’re taking part in a high-risk experiment and assume full duty for any selections you make.”