How Many People Get Duped and Cheated by Fraudulent Projects on Various
Houston, Texas, 2nd Nov 2021, ZEXPRWIRE, Blockchains? Frankly, it’s hard to put a number. Still, it’s fair to state that almost all Crypto users have personally experienced fraud or know someone first-hand who has experienced fraud. For example, community members behind Lauda Life Coin (LAUDE) have personally been victims of fraud. Rug-pull by founders, excessive minting leading to devaluation, pulling out Liquidity to make coins un-swappable, and manipulating contracts by creators for their benefits.
It is not fair! There are fake endorsements from celebrities & influencers. There are buying taxes, selling taxes, marketing taxes, development taxes, and many others to benefit the owners and few people. On taxes especially, wasn’t the premise of Cryptocurrencies against the establishment to promote fairness and freedom?
It doesn’t make sense! There are countless copy-cat clone projects selling gazillion tokens and playing with people’s psyche. These projects try to make people believe that each token will be worth a dollar someday, making each holder a zillionaire. Do the math! It’s completely absurd and upside down. Less means more valuable, and more means less valuable. That’s not economics, but that’s how every commodity in nature is valued.
Finally, there is a solution! Lauda Life Coin (LAUDE) is a big step forward to address these problems. It is a fixed supply of 51 million LAUDE coins, with each holder allowed to buy a maximum of 5100 LAUDE. No holder can exceed the maximum limit of 0.01%, i.e. 5100 LAUDE of the total supply. The smart contract has defined these limits and is immutable. These limits force broader distribution of the coin and allow people from all walks of life to participate.
There is no tax what’s-so-ever. No-presale, private sale, Initial offering etc., 100% of minted coins are deposited into Pancakeswap and made available to the public from Day-1. In addition, there is no manipulation of supply and price by Minting, Burning or changing Liquidity, ensuring a safe and fair market.
Lauda Life Coin (LAUDE) is truly the gold standard for Crypto. 100% liquidity locked in Pancakeswap forever. 100% of the liquidity provider or so-called LP tokens burned forever. Renounced contract ownership forever. It means that the Smart Contract is fully autonomous and has a life of its own. Its unbiased, fair and owned by the community.
Lauda Life Coin (LAUDE) project was launched on Nov 1st, 2021. It is on Pancakeswap. Anyone can participate for just a few cents. It’s a game-changer and a breath of fresh air in the industry that gets accused of trust and reliability problems.
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