Tragon $TGN Project Review-Presale on Unicrypt (ILO)

Teamstokenomics and technical reviews about the Tragon Project $TGN ILO/IDO are in this article.

They describe themselves:

Seamless lending & borrowing with no central pool whatsoever

Launchpad AMM: PancakeswapV2

Contract address: 0xb7C5368a9D6E51917ee7a7F630Ec79A2eF31f104


Disclaimer

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


tokenomics
Liquidity Lock Rate40% BNB raised liquidity lock
time: 3 months
Participationnot private
Softcap15 BNB
Hardcap85 BNB
Max Spend per Account3 BNB
Presale Price5.882,35294118 TGN / per BNB
Listing Price4.411,76470588 TGN / per BNB
Audit
KYC
StartSat 15 May 20:08
EndSat 29 May 20:08

Total supply: 50.000.000 TGN

it is good

  • Listing price is higher than presale price

it is not good

  • No KYC and No Audit
  • 1% tokenomic, huge dev wallet
  • 3 months liquidity lock time
  • 40% liquidity lock rate

About the team

  • Anonymous.

From White Paper

Token distribution:

  • 30% liquidity mining
  • 35% ecosystem
  • 10% team token
  • 10% exchange
  • 8% marketing
  • 5% advisors
  • 1% private sale and 1% ILO/IDO


About dev wallet: There are already 48 holders. 54% of total supply was sent a contract address. But still team has huge wallet.

I want to ask about liquidity pool. Team will only sell 1% of the total supply. 99% remains. Will the pool collected from% 1 be enough? I don’t think so.

In short, 1% pre-sale, tokenomic, I interpret it as a complete disaster.

Also, Tragon aims to build “a crypto lending % borrowing platform”. Absolutely, It needs to have audit for such a project. Otherwise, lots of things will be unclear for investors.

Presale ended.

85 BNB collected. hit hardcap. success

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