Justin Sun has consistently demonstrated a lack of reliability, and this extends to all aspects of his ventures. As the current bull run unfolds, it will likely expose the true nature of his projects, including BTTC, WIN, and TRON, which may only yield a maximum return of 2x. Investors should steer clear of his initiatives and instead focus on opportunities that promise substantial and meaningful returns on their investments, ensuring a more secure financial future.
In response to recent community concerns about the "token supply increase," Ravindra Kumar, founder and CEO of Self Chain, published a post on the X platform addressing the doubts and FUD that have arisen since the project's migration from FRONT to SLF. Kumar emphasized that Self Chain was not taken over by a new team, but was strategically transformed by the original team, expanding from a wallet project to a layer-1 blockchain based on the Cosmos-SDK. Regarding the token supply increase, Kumar explained the breakdown of the total supply of 360 million: 36 million are permanently locked for foundation nodes, 90 million are migrated from FRONT to SLF, 10 million are allocated to new investors as validators (locked for 18 months), 36 million are allocated to equity investors (locked for 36 months), 30 million are allocated to the core teams (locked for six years), and 68 million are used for ecosystems (issued one and a half million monthly). Kumar said the supply increase is aimed at strengthening the network's security against potential '51%' attacks and attracting more investors and validator participation.
$SLF These cow-loving Indians breed investors. There was a Front token, the number of coins was 100 million, now they have turned into SLF, but in the amount of 336 million, and this is not the maximum yet