There has been a lot of buzz about Seesaw Protocol since the presale started. The heady claims around its usefulness have also drawn a lot of attention. No independent audit – Most new cryptocurrencies consider it standard practice to be audited by an independent third party. Certik is one of the leading blockchain technology auditors, and precocious backers can check the progress of their chosen cryptocurrency on their site.
- The presale itself has been underway for just over two weeks and has so far been an astounding success.
- The heady claims around its utility have also garnered a lot of attention.
- The creators of Seesaw Protocol have chosen to follow the example of market leader Bitcoin and remain anonymous.
- This project is affiliated with a high-risk Launchpad known as BoostX Finance.
After the huge successes of 2021, in which almost every coin broke through to reach new all-time highs, it is not a surprise that many people are rushing to create new projects. Some developers will take advantage of the lack of knowledge that some potential investors have about crypto and defraud them of their money. Thanks to the mostly decentralized nature of the crypto market there is often nothing that can be done to halt scams and scammers. As defined by one of the market-leading listings platforms, CoinMarketCap, a rug pull is a “malicious manoeuvre in the cryptocurrency industry where crypto developers abandon a project and run away with investors’ funds.
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Despite this, several question marks are floating around this seemingly promising cryptocurrency launch. Unknown or anonymous developers – On some occasions, it can appear inauthentic if the creators of a cryptocurrency are unknown. Investors may be sceptical of investing in a coin when they do not know who is behind it.
In a world where NFTs have become extremely popular and the performance of some networks has come in for some serious criticism if SSW can follow through on its bold promise it could useful. The creators of Seesaw Protocol have chosen to follow the example of market leader Bitcoin and remain anonymous. No liquidity – It is important to ascertain if a new cryptocurrency https://xcritical.com/ has liquidity locked. Seesaw Protocol uses a portion of the transaction fee attached to each purchase and sale to constantly add to its liquidity. Moderators remove posts from feeds for a variety of reasons, including keeping communities safe, civil, and true to their purpose. Seesaw makes engaging, personalized learningpart of every student’s experience in school.
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The Seesaw Protocol presale began on the 24th of January and the release price was $0.005. In just over 2 weeks it has risen 450% and now each SSW is worth $.028. This is the first of 3 presale stages, and at the time of writing almost 100 million, SSW tokens have been sold. Its presale has come out of nowhere to become much talked about in crypto circles. Despite this, there are several question marks floating around this seemingly promising cryptocurrency launch.
Many new projects are made and backed by anonymous creators, in the style of the pseudonymous Bitcoin founder Satoshi Nakamoto. Seesaw Protocol is one of these new cryptocurrencies, and its creators are yet to be named. Suffice it to say, after a series of recent high-profile crypto scams, this anonymity has been enough for some to label SSW a scam.
SeeSaw (SSW) Protocol Sees Massive Price Increase in 2 Weeks!
This project is affiliated with a high-risk Launchpad known as BoostX Finance. After a thorough assessment of BoostX-affiliated projects from CertiK auditors and investigators, we required the project team to undergo involuntary KYC, with which they did not comply. Due to the high-risk investigation findings, and lack of KYC cooperation from the project team, CertiK has terminated all ongoing audits and delisted BoostX-affiliated projects. Reproduction in whole or in part in any form or medium without express written permission of MDD Group FZE LLC is prohibited. With Masters in Mass communication and journalism, Anjali’s interests lie in blockchain technology adoption across emerging economies. Conduct your own due diligence before deciding to use any info listed at this page.
This could raise eyebrows in itself but all the evidence points towards legitimacy. The price started at $0.005 and has increased by more than 500% to $0.031 at the time of writing. There has been a lot of buzz about Seesaw Protocol since the presale began. The heady claims around its utility have also garnered a lot of attention.
Is Seesaw Protocol (SSW) a Scam? How to Avoid Cryptocurrency ‘Rug Pulls’
There is some FUD concerning Seesaw Protocol, but despite this, it is a far cry from a real crypto scam. Squid Game is possibly the biggest example of a recent scam or ‘rug pull’. The Seesaw Protocol presale started on January 24, and the release price was $0.005. In just over 2 weeks it has increased by 450% and now each SSW is worth $0.028. This is the first of 3 presale stages, and at the time of writing, nearly 100 million SSW tokens have been sold. The presale itself has been underway for just over two weeks and has so far been an astounding success.
The Seesaw protocol will launch on PancakeSwap on the Binance Smart Chain and will bridge the Ethereum and Polygon networks. It claims that it will allow its users to trade cross-chain with the aim of finding the best speeds and lowest fees for a transaction. In a world where NFTs have become extremely popular and the performance of some networks has come under serious criticism, if SSW can deliver on its bold promise, it could help. Its pre-sale came out of nowhere to be a hot topic in crypto circles.
The biggest cryptocurrency in the world has a pseudonymous creator behind it. Seesaw Protocol’s creators are following this approach and choosing to remain anonymous. The creators of Seesaw Protocol have chosen to follow the lead of the market-leading Bitcoin and remain anonymous. Seesaw Protocol will launch on PancakeSwap on the Binance Smart Chain and bridge between the Ethereum and Polygon networks. It claims that it will allow its users to carry out cross-chain swaps in an attempt to find the best speeds and lowest fees for a transaction.