【Noblesse Oblige CryptoDiary 3】The Fate of Pre-Funded Currencies and Why the Same Issues Keep Reoccurring
- noblesseobligeysno
- Aug 21, 2024
- 2 min read
Updated: Aug 22, 2024
When it comes to pre-funding a project, the process involves selling tokens to investors at prices lower than the market price, which aren’t yet available on the market.
Normally, in a market, prices rise with increased buying interest. However, pre-sales and similar methods allow large quantities of tokens to be bought at a uniform, lower price. This creates a situation where prices can’t rise because large amounts of tokens are being purchased at the same low price, leading to increased selling pressure.
The fact that tokens can be bought at a fraction of their market value even before they enter circulation signifies a market collapse. This is because it's impossible to control the buying and selling activities of individuals, whose random decisions can sometimes even create a "survival of the fittest" scenario.
This mirrors the hierarchical dynamics seen on a global scale. In essence, the methods used to easily raise funds are akin to motivating conflict, as the market tends to experience selling pressure once early investors are satisfied, which in turn leads to further fear, uncertainty, and doubt (FUD), and subsequent panic selling by late investors. This creates a vicious cycle.
Despite this being a well-known pattern, project creators continue to hold private sales, pre-sales, and seed sales, intentionally creating significant selling pressure that drives market crashes.
This implies that they never intended to sustain the price increase; their goal is merely to raise funds and leave investors to suffer. However, people are often drawn in by flashy marketing and deceptive appearances, falling into these traps repeatedly.
Our project, Noblesse Oblige, does not conduct private sales, pre-sales, or seed sales. All tokens are 100% circulating supply and are available on the liquidity pool market. Since all tokens are traded in the market, no one, including the project team, holds tokens at prices below the market value.
We have issued 100% of the total supply with 100% circulating supply, creating the strongest structure where there is no selling pressure from the start. On the other hand, currencies that engage in pre-sales often experience a market crash right from the start due to the large volume of non-circulating tokens being sold. Most currencies that engage in such tactics end up starting from a low price, demonstrating the deceitful methods used.
Understanding the essence of these practices reveals the sincerity and superiority of our currency. We have designed a market structure that minimizes and ultimately eliminates the concept of market manipulation. When you grasp this, you will realize the strength and elegance of our structure. This is the strength and structural beauty of Noblesse Oblige.
However, due to a lack of understanding and experience regarding these structures, most people do not pay attention to our message. But once you truly understand it, you will recognize the true strength of our currency structure.
Telegram：https://t.me/Noblesse_Oblige_No_1/1
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