Teams, tokenomics 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
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||40% BNB raised liquidity lock|
time: 3 months
|Max Spend per Account||3 BNB|
|Presale Price||5.882,35294118 TGN / per BNB|
|Listing Price||4.411,76470588 TGN / per BNB|
|Start||Sat 15 May 20:08|
|End||Sat 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
From White Paper
- 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.
85 BNB collected. hit hardcap. success