I think it’s a scam

Dangerous Concept crypto token has jumped previously few days.

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

I believe it’s a rip-off that has no future within the trade.

Dangerous Concept crypto has moved from obscurity to change into a preferred cryptocurrency value 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 trade is made up of 1000’s of scams. This course of has been made attainable 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.

Dangerous Concept is without doubt one of the many undertaking that I imagine is just not a priceless cryptocurrency. In line with its white paper, it’s a undertaking that mixes the ideas of synthetic intelligence (AI), blockchain, and decentralized autonomous group (DAO). It goals that these three elements will assist to create a totally decentralized financial system. 

Not like different initiatives, Dangerous Concept doesn’t have a roadmap. As an alternative, the builders hope that will probably be a system of interconnected AI brokers working for humanity’s profit, as a substitute of it. A technique it’s going to use AI is to provide weekly weblog posts on AI and different subjects (is smart?)

Dangerous Concept’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 remainder will go to the crew (we don’t know who’s the crew), advertising, AI growth, DAO growth, and the Humanity Final Hope Fund. I imagine that every one these entities are the identical crew of insiders.

Due to this fact, within the quick time period, there’s a probability that Dangerous Concept token will rise as insiders pump it. It would then crash, with most consumers left holding the bag. The white paper provides that:

“The BAD IDEA Token and its related undertaking are supposed for academic, leisure, and experimental functions solely. By participating with the BAD IDEA Token and undertaking, you acknowledge that you’re taking part in a high-risk experiment and assume full duty for any selections you make.”