- Title:
- Assimilate.Finance: Incubations: Round 1
- Image:
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- Message:
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Round 1: RFBTC2, RFNEO, APEIN and Unofficial WOR Token.
If code is law. Then building is creating law. That’s what we love about the blockchain here at Assimilate.Finance, once the code is deployed, and for better or worse it goes on to live forever on the Ethereum Mainnet.
We are going to spend 75% of our time to continue building on “The BORG Token”, as it is our flagship offering. 25% of our time will be spent on incubation projects to improve our skillset and market understanding.
Locutus of BORG: CEO, Lead Developer of Assimilate.Finance
We recently did an “Incubations Code Sprint” where we released 4 coins in a matter of four days. These are all experiments. These are all coins designed to push our understanding of tokenomics and expand our ability to perceive how a new coin will be received by our target market.
What is it?
RFBTC2 is BTC on DeFi. It provides both token tax (return to holders) plus token burn.
Max buy or max sell in any one transaction is “210,000”.
Uniswap Slippage at 4%
What did we learn?
Early buyers are big winners in these types of coins, but they spend substantial gas to buy in.
Status:
Live on Uniswap v2.0, early buyers bought in lots of “210,000” RFBTC2 and then sold off for profits. The token continues to live on.
RFBTC2 on DexTools
Relevant Links:
What is it?
RFNEO is NEO on DeFi. It provides both token tax (return to holders) plus token burn.Max buy or max sell in any one transaction is “10,000 RFNEO”. Uniswap Slippage set to 4%
What did we learn?
Early buyers are big winners in these types of coins, but they spend substantial gas to buy in. This is even more true vs. RFBTC2 since the max buy limit is “10,000” RFNEO.
Status:
Live on Uniswap v2.0, gas prices preventing early sales as the max buy of “10,000 RFNEO” is less than the gas you spend buying it. However, if it takes off, this investment in gas could return to you if the 10,000 RFNEO becomes worth more than your investment in gas to buy it.
RFNEO on DexTools
Relevant Links:
What is it?
APEIN is a currency with controlled buys and sells on DeFi. It provides both token tax (return to holders) plus token burn.
Max buy or max sell in any one transaction is 10% of the total supply. Uniswap Slippage set to 4%
What did we learn?
It is amazing how the Uniswap watching bots will track new coins and jump in to them. It’s also amazing how people will search out the telegram room and join it looking for quick gains. This was an experiment in coins without marketing to see how they are perceived by the market.
Status:
Live on Uniswap v2.0, no team tokens left, ownership renounced and liquidity locked. We have no further investment in APEIN and therefore it lives on untouched.
APEIN on DexTools
Relevant Links:
What is it?
The Official Unofficial #WarOnRugs (WOR) token is an Ethereum coin which features a 1% donation fee to WOR.
Made for fans, by a fan, to continue to support the community. Max Supply, 1000 WOR. 10 Team Tokens. Ownership renounced. Locked Liquidity.
What did we learn?
No one expects altruism in the finance space. People either figure you are out for a cash grab, or to release a token, pump up the price and then dump it on buyers as each new wave accumulates.
“Greed is Good” — Gordon Gecko
Greed is not good. Greed is unhealthy. This token is not about greed but instead purely an experiment in altruism.
Status:
Pre-Sale Open
PreSale Entry:
- Step 1: Send ETH (Min: 0.001 ETH, Max: 1 ETH) to: “0xdCF33161e19dC15Cf66253d57dB187eAF6CFbBA8”.
Step 2: Edit “Advanced Settings” to set “Gas Limit” to ~’180,000'.
Step 3: Submit Transaction.
Step 4: The Pre-Sale Contract will automatically send the calculated amount of WOR tokens
(1.0 WOR for 1 ETH) to your address.WarOnRugs — Unofficial Token — Pre-Sale
Relevant Links:
- Team Tokens — 10 Team Tokens, Currently in PreSale Contract
Telegram Room —WOR Official Group
Liquidity Lock — Locking for 10 years on Unicrypt after pre-sale ends.
Etherscan Info — WOR Token on Etherscan
Source Code — Verified and Published
Dextools Link — Coming Soon…
Buy on Uniswap — WOR Token on Uniswap
(Listing @ Jan 16th, 16:00 UTC) - Date of publication:
- Wed, 01/13/2021 - 06:21
- Link:
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- Source:
- medium.com
Assimilate.Finance: Incubations: Round 1
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