AirRaid Project Review - $ARAID Presale (ILO) on Unicrypt

You find detailed analysis and review about AirRaid.org $ARAID project in this article. It contains team, tokenomics and technical evaluations.

They describericbe themselves:

The AirRaid Will Be The Only Audited & Fully KYC’d Lottery Token on the Ethereum Network

Token Info

Project name: AirRaid.org

Ticker/Symbol: ARAID

Contract address: 0x387c291Bc3274389054E82CE81Dd318a0113caf5

Token type: ERC-20

Total supply: 2.000.000.000.000.000 ARAID

Launchpad: Unicrypt Network (UniswapV2)

Disclaimer

Presales have some risks. Please DYOR (do your own research)

tokenomics
Liquidity Lock Rate	93% ETH raised liquidity lock time: 11 months
Participation	not private
Softcap	200 ETH
Hardcap	400 ETH
Min-Max Spend per Account	max 5 ETH
Presale rate	2.500.000.000.000 ARAID / per ETH
Listing rate	2.250.000.000.000 ARAID / per ETH
Audit	(by RD Auditors)
KYC
Start	Fri 4 Jun 22:17
End	Wed 9 Jun 01:54

Chart by Visualizer

ARAID’s links:

Presale address

Web site

It is good

Listing price is higher than presale price
Liquidity lock duration: 11 months
93% liquidity lock rate
KYC
Audit, check full report
- The smart contact is well-secured
- No critical-high-medium-low or very Low severity vulnerabilities were found.

About the team

Anonymous

From White Paper

Use of collected ETH:
- 93% for liquidity, locked 1 years
- 5%: Dev Wallet Total
- 1%: Charity Wallet
- 1%: Marketing & Advertising Wallet

Get ready for a lottery style token that drops tokens every day into lucky wallets of AirRaid Buyers, Holders, and Sellers.(Yes, EVEN Sellers!)

Transaction fee is 8% (each time a transaction occurs on the AirRaid token over Uniswap or any buy/sell occurring of the ERC-20 asset):

5% of the transaction tax is deposited into the daily AirRaid pool. 100% of pool goes to the winners
1% of the transaction is sent to a fund that pays for: Payout Gas fees, Marketing, & Advertising
1% Is sent straight to the liquidity pool
1% Is sent to the charity wallet that is structured for Veteran based charities

How Lottery works?

The “Air Raid” happens daily with tokens dropped into multiple wallets.
The “Air Aid” Package drops every Friday LOADED with tokens into One Lucky Wallet!

–Each day (except Friday), max 15 people (buyer, holder, seller) will be randomly selected as winners. Tokens collected in the pool (formed with 5% tax fee) will be distributed proportionally to these people.

As a Daily Buyer of AirRaid: You Qualify for 70% of the Buyers Share of the AirRaid pool
As a Daily Holder of AirRaid: You qualify for 20% of the Holders Share of the AirRaid pool
As a Daily Seller: Yes, we even included sellers you qualify for 10% of the daily AirRaid pool

–On Friday, the tokens collected in the pool will be given to only one person.

Note: Holders must have at least $100 USD worth of AirRaid in their wallet to qualify each day!

Security: Developer team has years of experience in traditional casino style gaming. There is detailed explanation about security at Lite Paper.

Looking at Tokenomics, 93% liquidity lock rate and 11 months lock duration are very good. I think 5% dev wallet is fair. Looking at these figures, we can say that the liquidity pool will be strong. Therefore, having a strong liquidity pool is an advantage for a new born token.

ARAID is a lottery token. With such tokens, you immediately think of: are the winners determined fairly and accurately? This is the first question that comes to my mind as well. Yes, the ARAID has audit, the winners will be randomly and fairly selected by the computer randomizer.
Tweet

ARAID is a lottery token. With such tokens, you immediately think of: are the winners determined fairly and accurately? This is the first question that comes to my mind as well. Yes, the ARAID has audit, the winners will be randomly and fairly selected by the computer randomizer.

I should also mention that the team KYCed. KYC + audit.

Looking at the sample chart above, there is a chance to win really good amounts. This huge lottery can attract many people. Also, having 15 winners every day increases your odds.

If you like lottery, you should definitely check out ARAID.

Presale ended

400 ETH collected. hit hardcap.