The biggest scam in Web3.

This is likely a very controversial write-up. But coming from someone who sees the behind-the-scenes of many launches, the public must be aware of it.

Whenever you see tokenomics for a project, you can often disregard them. 99% of Web3 tokenomics do not accurately reflect what's going on.

Tokenomics is 99% a PR stunt aimed at either a.) trying to gain credibility from the average trader who doesn't know any better or b.) it backfires into a ton of FUD.

Let's get some facts straight:

1.) The #1 thing people look for is the team vesting because this usually communicates a "long-term vision" for the project,

2.) The project usually keeps a significant amount for the treasury, ecosystem growth, or whatever the title may be.

Sounds good, right? yes, on a surface level.

However, most of the time, the team profits to MASSIVE degrees to the detriment of the average trader. WE STRONGLY CONDEMN THIS AND DO NOT WORK WITH TEAMS THAT PRACTICE.

They utilize the "treasury/ecosystem growth" allocation to line their pockets.

Usually, they can argue that this bucket of tokens requires a smaller vesting schedule so they can "benefit the project".

But I can guarantee you that most of these tokens are liquidated via MMs or private OTC, and they go to paying the salaries of the CEO. They go to pay off early investors who got way too good of terms that they couldn't publicize (remember, Solana had a 100% TGE unlock round at like $.05) or to fund expeditions that make no sense whatsoever.

Is this illegal? no

Is this grossly misleading? yes.

Your ecosystem tokens will genuinely make an impact on the project's future, not paying for the time of the CEO.

This has immense downward selling pressure on the chart and comes with little to no backfire because it is hard to trace and easily justifiable.