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• Bad Idea crypto token has jumped previously few days.

• The token’s market cap has jumped to over $78 million.

• I think it’s a scam that has no future within the business.

Bad Idea crypto has moved from obscurity to develop into a well-liked cryptocurrency price 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 1000’s of scams. This course of has been made doable 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.

Bad Idea is likely one of the many challenge that I imagine is just not a worthwhile cryptocurrency. According to its white paper, it’s a challenge 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 absolutely decentralized economic system. 

Unlike different initiatives, Bad Idea doesn’t have a roadmap. Instead, the builders hope that it is going to be a system of interconnected AI brokers working for humanity’s profit, as an alternative of it. One manner it is going to use AI is to provide weekly weblog posts on AI and different matters (is sensible?)

Bad Idea’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 relaxation will go to the group (we don’t know who’s the group), advertising and marketing, AI improvement, DAO improvement, and the Humanity Last Hope Fund. I imagine that each one these entities are the identical group of insiders.

Therefore, within the brief time period, there may be a chance that Bad Idea token will rise as insiders pump it. It will then crash, with most patrons left holding the bag. The white paper provides that:

“The BAD IDEA Token and its associated project are intended for educational, entertainment, and experimental purposes only. By engaging with the BAD IDEA Token and project, you acknowledge that you are participating in a high-risk experiment and assume full responsibility for any decisions you make.”