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Research (27)

Disclaimer
No part of the content constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on the content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify the content before relying on it.
GBOK...VFGV on Sep 08, 2021

this web address makes fake token stellarmarrt.org is a fake token host!! please investigate!!

GCHZ...FXPV on Aug 25, 2021

The CryptoG Organisation proclaims itself to be "a decentralized finance-focused non-profit organization that seeks to redistribute wealth to every global citizen." The team is anonymous and the website states that the organisation has hard gold reserves valued at around USD 1T from a large (unnamed) Gold mine in Asia.

The CTG token is locked at 30000 tokens and claims to be backed by CTG's gold. CTG tokens can apparently be redeemed for gold on request via the cryptog.finance website.

I bought some tokens as a hopium-fuelled speculative buy, because I want to believe.

GCHZ...FXPV on Aug 25, 2021

XIM coin is used as an intermediary digital currency to carry out the international trade of goods and services between XIM trading counterparts under the XIM ecosystem.

With an unlocked supply, I would not purchase XIM coin unless I was going to carry out a trade deal involving actual goods and services with another XIM exporter or importer.

GDUB...NKVH on Aug 25, 2021

NOTE: Not financial advice, all IMHO, based on current information as at 25 August 2021.

Lumenoughts is a community based token which has its origins in various Stellar Blockchain groups in Reddit, notably r/Stellarbets. The name of the token was selected by a democratic community vote and various anonymous Redditors have contributed to its development.

The Lumenoughts mascot is a currently unknown and unnamed lone astronaut that features on the logo. Airdrops are provided to anyone that provides a trustline and tipping is provided via Reddit. Various other initiatives such as "marketing", memes, lotteries and staking may also be in the works although there has been no updates in recent weeks.

Supply is limited to 1,000,000 Lumenoughts tokens, making it relatively scarce when compared with other Stellar Assets. A linked token L00M has also been issued by the team.

I hold some Lumenoughts and look forward to seeing what the team and community do with this token.

GDUB...NKVH on Aug 24, 2021

NOTE: Not financial advice, all IMHO, based on current information as at 24 August 2021.

The issuing account for this Stellar asset (called "BNB" and using a BNB blockchain logo) has set up other Stellar assets that copycat the names and logos of other popular non-Stellar blockchain tokenised assets. The issuing account has also not disclosed key details and its website is bare and under construction. Their Twitter appears to have been suspended and there is an inactive Telegram group.

I would proceed with caution and not buy this particular asset. The Stellar Decentralised Exchange (DEX) is pretty much automated and does not vet issuers or check the assets to make sure you know what you are really buying.

The actual (i.e. real) BNB token can be purchased from most popular exchanges. If you are looking for the authentic BNB token, you won't find it under this asset old sport!

GDUB...NKVH on Aug 24, 2021

NOTE: Not financial advice, all IMHO, based on current information as at 24 August 2021.

The issuing account for this Stellar asset (called "XRP" and using the XRP/Ripple blockchain logo) has set up other Stellar assets that copycat the names and logos tof other popular non-Stellar blockchain tokenised assets. The issuing account has also not disclosed key details and its website is bare and under construction. Their Twitter appears to have been suspended and there is an inactive Telegram group.

I would proceed with caution and not buy this particular asset. The Stellar Decentralised Exchange (DEX) is pretty much automated and does not vet issuers or check the assets to make sure you know what you are really buying.

The actual (i.e. real) XRP/Ripple token can be purchased from most popular exchanges. If you are looking for the actual XRP token, you won't find it under this asset old sport!

GDUB...NKVH on Aug 24, 2021

NOTE: Not financial advice, all IMHO, based on current information as at 24 August 2021.

The issuing account for this Stellar asset (called "DOGE" and using a DOGE blockchain logo) has set up other Stellar assets that copycat the names and logos of other popular non-Stellar blockchain tokenised assets. The issuing account has also not disclosed key details and its website is bare and under construction. Their Twitter appears to have been suspended and there is an inactive Telegram group.

I would proceed with caution and not buy this particular asset. The Stellar Decentralised Exchange (DEX) is pretty much automated and does not vet issuers or check the assets to make sure you know what you are really buying.

The actual (i.e. real) DOGE token can be purchased from most popular exchanges. If you are looking for the authentic DOGE token, you won't find it under this asset old sport!

GCHZ...FXPV on Aug 24, 2021

This Stellar "DOGE" token is not affiliated with the actual (Shiba Inu memed) DOGE token which runs on a completely different blockchain.

There are dozens of these copycat tokens scattered across multiple blockchains including the Stellar ecosystem. These tokens are susceptible to pumps and dumps and should be treated with caution and used only as a source of low cost amusement.

I think we should not bet the farm on these tokens. I will not be buying or adding a trustline to this asset.

GCHZ...FXPV on Aug 24, 2021

This Stellar "DRDOGE" meme token is not affiliated with the actual (Shiba Inu memed) DOGE token which runs on a completely different blockchain. There are dozens of these copycat tokens scattered across multiple blockchains including the Stellar ecosystem.

These kinds of tokens are susceptible to pumps and dumps and should be treated with caution and used only as a source of low cost amusement. Do not bet the farm on these tokens!

I found the claims of certain "partnerships" on the token's Web page to be exaggerated under the circumstances.

Given the amount of competition in the DOGE token space, I would not buy or add a trustline to this DRDOGE asset.

GCHZ...FXPV on Aug 24, 2021

This Stellar "ERC20DOGE" token does not appear to be a wrapped asset linked to the actual (Shiba Inu memed) DOGE meme token which runs on a completely different blockchain.

There are many of these tokens which appear to be wrapped assets scattered across multiple blockchains including the Stellar ecosystem. These tokens are susceptible to pumps and dumps and should be treated with caution. Do not bet the farm on these tokens!

I would not buy or set up a trust line to this asset.