Vice Token is a new coin/cryptocurrency on Ethereum mainnet. Let’s deep dive into.
Project name: Vice Token
Contract address: 0xDfD5bb6cE8716822B2c9B255560194Ca3509BebC
Token type: ERC-20
Total supply: 1.000.000.000.000.000 VICEx
Launchpad: Unicrypt Network(Uniswap)
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||75% ETH raised liquidity lock|
time: 6 months
|Min-Max Spend per Account||max 0,25 ETH|
|Presale price||810.000.000.000 VICEx / per ETH|
|Listing price||405.000.000.000 VICEx / per ETH|
|Start||approx: Sat 17 Jul 18:54 UTC|
|End||approx: Sat 24 Jul 18:54 UTC|
It is good
- 75% ETH raised liquidity lock
- Small dev wallet
It is not good
- No KYC and audit
About the team
- The team anonymous.
- But the dev(code developer) is doxxed. Link
From White/Lite Paper
“VICE is a hyper-deflationary token, which incentivizes investors to hold their tokens, by rewarding them with an automatic Buy-Back option coded into the VICE token contract.”
Features of Vice Token
- Transaction Fee is 15%
- 6% Redistributed to holders.
- 6% Buy-Back/Burn : 6% of every transaction is sent to a buy-back wallet which will then buy back tokens and burn them (sent to a dead wallet); and removed from the total supply forever
- 3% Marketing and Development:
- Deflationary: Some part of transaction(tax) fee will be burned.
Note: You must adjust slippage rate above 15% when swap $VICEx
Vice Token $VICEx is a meme coin on Ethereum. Tokenomics and comunity are more important for meme coins.
About tokenomics: For presale+liquidity+fees= 45% of the total supply. 50% of burned. So the team holds 5%(marketing) of the total supply. I think that this distribution is fair.
75% liquidity lock rate is good.
There is a 15% tax fee. It has 6% buy-back/burn feature. If the buy-back feature works well, it contributes to the price chart. In summary, Vice Token has good tokenomics.
It was not a quick success on the first day of the presale. But the team continues to build a strong community.
I saw some projects that didn’t catch hype in the first one or two days, but after the team’s work, they caught strong hype.
Vice Token can also catch strong hype with the team’s work. As with any project, you need to trust the team.
Join the Telegram group and check out Vice Token.
36 ETH collected from 201 participants. Reached softcap. Success
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