I wrote my previous article on the Squid Game tokens for fun, combining the scammy facts with some fun fiction.
How to sell your Squid Game Tokens
I had a look at their website, but I did not bother to even read their whitepaper.....instead.....I just let my fantasy do the job.
How astonishing would it be that my fiction was closer to the truth than I could have imagined?
Well, I must admit that my games were crueler and more in-depth. but what´s to be expected from a Scam Token?
We present to you the first Game Token on the Binance Smart Chain Network. Squid Token is inspired by the famous Netflix Series "Squid Game", the way that the game will happen is simple and easy to follow, all you have to do is participate in the presale, the top 10 presale holders (based on amount of holdings) will be given VIP entrance to our game application. The Squid Token application will have a price pool, the price pool will be 2% of the amount raised on the presale and 10 of you will be able to participate in the games in the application and 3 of you will split the price pool. All you have to do is play and survive.
So for the ones that missed my Squid Token Games
GAME 1 - Red Light, Green Light
As we´re talking blockchain we know which wallets are holding what, now the squid token team will send their minivans to pick up all the holders.....and they will play a game of "Transfer your coins to your neighbor."
The 45% that are too slow completing the transfer get eliminated and their coins get burned.
GAME 2 - HONEYCOMB CANDY
Here the players need to join Honeycomb (a service that allows you to publicly prove you own a WAX address and Discord account). The thing is that there are just NFT´s enough for 45% of the remaining Token holders.
GAME 3 - TUG OF WAR
The remaining Token holders need to make 2 teams, once the teams are established they will both get on a scale and the number of tokens owned by the entire team will be measured....
The team with the most tokens wins....easy right? The tokens and the team that loses get burned.
GAME 4 - Marbles
Each player is teamed up with another player, they get a bag of 7 marbles and need to get their marbles as close to the current token price as possible.... The one that comes closest....will live a bit longer.
GAME 5 - The glass bridge
The 5 leftover players will need to cross a glass bridge, they can see an enormous exchange display....when they get on a glass plate while the price is going up they are saved....when the price falls so will they.
GAME 6 - The Squid Game
Now all tokens are burned, except for the ones owned by the two last standing..... They will battle it out following the Squid Game Rules.....
There will be only one (winner).
Now like I said that is more elaborate than the whitepaper game, where only the below was mentioned.
The first step to participating in the game is participating in the presale - easy to do just follow the steps in the website, the presale will be going on for 2 days and after the presale is over as described before the top 10 holders will be moving on to our application where they will be playing 3 games, each of those games will be giving points to the top 3 positions and after the 3 games the 3 holders with the most amount of points will be splitiing the price pool.
The games will be anonymous until you reach the point of playing but will be well-known games to everyone and you will have a short description of each game before starting.
You see my games were much worse, but these whitepaper shit coin games ....... they can´t be serious, can they¿
Squid Game Over?
I wonder, would it be really as said that now that the pre-sale is done there are actually 10 people playing for the Big Prize....
It would explain it´s “anti-dumping mechanism” or is it an “anti-selling mechanism?”
Well if we would trust the whitepaper the Game ended yesterday as everything is said to happen in Octopustober (very bad pun).
The End Game
But everything points that the game has ended and that a very smart developer has beaten all players and has taken the big prize home.
The Token is dead and that means or the devs or one of the 10 players mentioned in the white paper is having a lot of Tax-Free Squid Tokens.....but did he or she sell them in time?
Nahhh that would be too cool......but maybe ...just maybe it wasn´t a scam----
Hope you enjoyed my little look into the Squid Papers stay safe DYOR and don´t buy into FOMO!
PS
Talking about Whitepapers and scams....there is another Squid Site , mentioning a whitepaper-----
That whitepaper looks ridiculously much like the BSC whitepaper at least in my opinion.
Disclaimer
I do not have any connection with any company I am writing about. I am not being paid to write this article.
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For a cryptocurrency project to be credible, its developers must be well-known and professional. Tokens that are only listed on dexes are also dangerous. Please investors be more aware and stay away from scam projects.