Are XCAD’s Creator Token Launches Truly Fair?
XCAD Network has been gaining attention with its creator tokens, the latest being $SUCO, a collaboration with Ecuador's largest YouTuber (27M subscribers). Following the success of $RZDNE and $UGG, $SUCO has generated massive hype. But beneath the surface, some questions need addressing about the fairness of these launches.
A Pattern of Short-Lived Success
The launch of these tokens often follows a similar trajectory:
Rapid spikes in value at launch as insiders appear to buy early, only to sell off within minutes.
Dwindling value after 10-20 minutes, leaving retail investors at a loss.
Lack of post-launch marketing, with creators and XCAD seemingly abandoning the tokens after the initial frenzy.
This raises important questions about their approach:
How are these tokens distributed before launch? Are insiders getting early access to buy at lower prices?
Why is there little to no marketing effort post-launch to maintain momentum?
What is XCAD doing to ensure the long-term value of these tokens for investors?
Is the "Fair Launch" Promise Being Met?
XCAD promotes its tokens as "fair launches," but transaction data on Dextools suggests otherwise. Insiders buying early and selling off quickly undermines the fairness of these launches. For retail investors who buy in during the hype, it often feels more like a gamble than an investment.
XCAD has the potential to revolutionize fan-creator relationships, but these recurring issues cast doubt on its intentions. Addressing these concerns with transparency and robust post-launch strategies could go a long way in restoring trust.
So, XCAD, will you take steps to ensure fairness and sustainability, or will these questions continue to haunt your project?