What about the accounting? Clear DISCLOSURES of revenues and expenses far superior to even what the SEC asks.
you do have a potentially good point there.
was speaking towards the rest of it. ie firing, forking, etc.
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ā¦ Bobby no longer has incentive for success???ā¦ buyers are scared he will continue dumping for years to come. If he crushes the price some more he can bring the project to failure and buy his coins back. Bobby. Bobby. Damn it Bobby. Of all the projects to shit onā¦ You shit on KC.
lol - it was like one day of volume sold over 5 months.
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Lots, like shitloads, of wash trading in there. And kucoin bots. Letās fire him. He can buy back, Iām sure. 800 million times .0007 is 1/2 a million. Probably double that at least. He has obviously made extensive efforts to hide transactions.
And in the future, anyone in leadership positions gets a leash. More leash than congress. Damn it Bobby.
The tokenimics and team and insiders dumping huge supply does not allow the āmarketā to price $karate accordingly. The buy pressure is there. Just the dumping from the abnormally huge supply unlocks is far too much. The supply unlocks being dumped onto the relatively thin liquidity causes price collapse.
If tokenomics was appropriate with larger liquidity to LPs and allowed for fair distribution of tokens without insiders dumping then i am sure $karate would be worth over $1b mcap by now.
Until this is fixed, the $karate price will never be able to pump, and price will continue to find fresh lows. With the value of $karate collapsing, the viability of uponlygaming model is at risk as players begin to lose interest and incentive to play given their rewards continue to diminish.
Huge trust has been lost, investors burnt severely, and the future of uponlygaming in peril. Whilst its not impossible to rectify the issue, the team really needs to make some bold decisions and actions to regain the trust of investors and being the value back into the $karate token to keep the prospect of uponlygaming alive.
No one else on the team sold their tokens as far as I know, I surely havenāt.
In fact I just bought significantly more.
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It appears he sold directly from addresses that were labeled with his name, I canāt think of anything more conspicuous.
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