Rocky Rabbit: Exposing the Deception Through Calculations ๐
- **Total Participants:** 25 million individuals.
- **Transaction Fee:** Each participant was charged $2.50.
- **Total Collected from Users:**
ย ย 25,000,000 ร $2.50 = $62.5 million
- **Total Tokens Issued:** 10.5 trillion tokens.
- **Estimated Market Value of Tokens:**
ย ย $0.0000067 per token
- **Total Market Value of Distributed Tokens: ย 10,500,000,000,000 ร $0.0000067 = $70.35 million
- **Average Tokens Per User:**
ย ย 10,500,000,000,000 รท 25,000,000 = 420,000 tokens
- **Average Token Value Per User:**
ย ย 420,000 ร $0.0000067 = $2.81
**Summary of Observations ๐**
- **Total Collected from Users:** $62.5 million
- **Total Tokens Issued:** 10.5 trillion
- **Market Value of Distributed Tokens:** $70.35 million
- **Average Value Received Per User:** $2.81
User Investment vs. Rewards
Participants invested significant time and effort into the project, expecting substantial returns. However, despite their dedication, each user only received tokens worth $2.81. This discrepancy raises serious concerns about the fairness and transparency of the Rocky Rabbit project.
Analysis and Conclusion ๐
Although Rocky Rabbit managed to collect an impressive $62.5 million from its users, the total value of the tokens distributed at an estimated price of $0.0000067 amounts to just $70.35 million.