Scam prevention and education in the world of Smart Contract Tokens is a niche with growing demand. There are some tokens already advertising these values as a secondary feature to their currency, but in all the cases I have seen so far, it is a hypothetical feature set to be added at some later point. One of the ways I would like this token to stand apart is by providing real resources and value (mainly in the form of content, both original and curated) that legitimately educates investors on common scams, avoiding excessive risk, and learning how to evaluate new currencies, all before launch and not as a hypothetical feature.
In addition to these “proprietary” features, we will add value with standard items that investors appreciate; Fully doxxed lead developer (with professional history), truly locked liquidity and most importantly, transparency and accountability with wallet holdings and transactions
After launch, creating a community based on these principles and driven by this token can continue generating value for as long as people are investing in high risk, high turn-over token markets. Gated community features (ie: discord channels for discussing and reviewing tokens), a marketplace for community members to buy and sell on-the-fly audits and reviews, and community distributed fees are just some of the ways this can be a self-sustaining ecosystem.
Additionally, supporting software and services can be built on this foundation. For example, evolving from the “wall of shame” for listing scams into a searchable database with community review features and the ability to purchase a review/audit directly if it doesn’t already exist.
Phase 1 Road Map
- Launch basic website and road map
- Publish first edition contract code for review and discussion
- Forum for tokenomics and governance discussion
- Launch initial community service and resources
- Wall of shame with “scam of the week” published
- WordPress or similar compendium of top quality educational articles (OC and existing)
- Finalize tokenomics and governance rules
- Second stage contract review; making sure it performs all expected functionality re: tokenomics + governance
- Finalize and publish whitepaper
- Start developing marketing material + improved logo / branding
- Finalize contract
- Finalize branding + marketing material
- Launch marketing, telegram group, etc
- Launch test contract and perform unit testing of all functionality
- Official project launch (token goes live)