Pregnant Butt Presale (ILO) Review

Teamstokenomics and technical reviews about the Pregnant Butt $PBUTT project ILO/IDO are in this article.

They describe themselves:

“$PBUTT is a token on the Ethereum blockchain. Twice a month, we donate to mothers in need.

Launchpad AMM: UniSwap

Contract address: 0xbde33e3a0160587A87E2fE39E1ecBa6195552F3B


Disclaimer

Please DYOR (do your own research)


tokenomics
Liquidity Lock 97% ETH raised liquidity lock
Lock duration: 265 Years
ParticipationOpen to anyone
Softcap90 ETH
Hardcap150 ETH
Max Spend per Account1 ETH
Presale Price803.067,71867933 PBUTT / per ETH
Listing Price401.533,85933967 PBUTT / per ETH
Audit
KYC
StartApprox: Wed 5 May 18:52
EndApprox: Wed 19 May 18:52

Total supply: 250.000.000 PBUTT

PBUTT’s links:

it is good

  • %97 ETH raised liquidity
  • 265 years liquidity lock time

it is not good

  • No KYC
  • No audit
  • Listing price is twice the presale price

About the team

  • Anonymous

From White Paper

  • Dev wallet: : %20 of total supply (50.000.000) is allocated to donation wallet. %8 of total supply (20.000.000) is allocated to team.
  • Transparency: Every token transfer from our donation or team wallet will be announced on Telegram and documented on our Medium for transparency.
  • How to donations work: Twice a month, the $PBUTT community will come together to search for expectant mothers in need. Thankfully, most of these women in need are easily found on crowdfunding platforms such as GoFundMe. The community will vote on which 2 individuals we should donate to. Once 2 individuals are chosen, we will sell 200,000 $PBUTT tokens from our donation wallet and convert the funds to USD

%97 ETH raised liquidity and 265 years lock time is very good.

Team has created a wallet and send it 50.000.000 tokens (donation wallet).

The most important issue in donation work is trust and transparency. PBUTT explained how to donate and created a wallet. However, the use of tokens in donation wallet is entirely up to the team’s decision. This is against transparency and trust.

%8 of total supply is team token. I find it right to have a reasonable amount of team tokens. However, these tokens must be used correctly and a significant portion of them must be locked.

There are already 53 holders (check). As the presale continues, team tokens have been distributed to 51 people. It is a very negative situation.

If it reaches softcap and gets listed, its price will drop very quickly.

Presale ended

6,5 ETH collected. it didn’t reach softcap. failed.

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