Tip Tok is a new cryptocurrency on BSC. $TipTok aims to create an ecosystem of DeFi products designed for social media monetisation. Let’s look at it.
Project name: Tip Tok
Contract address: 0x75a6F00AB686388E3a316c978b1a466750f42774
Token type: BEP20
Total supply: 1.000.000.000 TipTok
Launchpad: Unicrypt Network(PancakeswapV2)
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||85% BNB raised liquidity lock|
time: 11 months
|Min-Max Spend per Account||max 5 BNB|
|Presale price||1.500.000 TipTok / per BNB|
|Listing price||1.350.000 TipTok / per BNB|
|Start||approx: Wed 18 Aug 17:28 UTC|
|End||approx: Wed 25 Aug 17:28 UTC|
It is good
- 85% BNB raised liquidity lock
- 11 months liquidity lock duration
- Audit by SolidProof, check report
- No critical-high-medium-low issues
It is not good
- Big private sale amount(35% of the total supply).
About the team
- The team consist of 9 person. The team members are from different countries.
- Julio Qose: CEO, He is from England. It seems that Julio has experience about Tech Startup. I don’t know that he is experience in crypto ort not.
From White/Lite Paper
“TipTok is a community driven DeFi token, designed to bring worldwide fans closer to content creators. Let your most passionate fans support your creative work.”
1. For Content Creators: Turn your social media platform into a new source of income, and have your work appreciated by fans around the world.
2. For Loyal Fans: Fans can do “Reward Content Creators, Trade and Support Projects”
Features of TipTok
- Anti-whale Feature: 1% max-hold, and a 2 hour restriction on sells exceeding 0.5% of the total supply.
- Transaction/tax fee is 11%:
- 5%: added the liquidity
- 3%: Influencer wallets
- 2%: Redistribution to holders
- 1%: marketing wallet
TipTok made a private sale (35% of the total supply).
About tokenomics: Token allocation for presale+liquidity+fees=63% of the total supply. The rest of the total supply(37%) unlocked.
#TipTok: Token allocation for presale+liquidity+fees=63% of the total supply. The rest of the total supply (37%) unlocked.Tweet
Token allocation for private sale is 35%
Token allocation for private sale (35%) is very big.
KYC + doxxed team and audit are good indicators.
In addition, there is low hardcap-200 BNB.
TipTok motto is “The Cryptocurrency for Social Media”. If TipTok can realize some of its targets, the token can have a really good price chart.
It collected 200 BNB from 83 participants. Filled hardcap. Success.
Note: But it hasn’t launched yet because of smart contract issues while writing this note.