Squid Game (Over) Tokens White Paper - True Game or True Scam?

Squid Game (Over) Tokens White Paper - True Game or True Scam?


 

I wrote my previous article on the Squid Game tokens for fun, combining the scammy facts with some fun fiction.

 

Are the Squid Game Tokens a Scam or is there a way to transfer them and get your Big Prize ;)

f715046152a8bdc5fee8b2c35c4145e196bdb3042f6aff7d8624491f887e7da8.jpg

I had a look at their website, but I did not bother to even read their whitepaper.....instead.....I just let my fantasy do the job.

How astonishing was it to find out that my fiction was closer to the truth than I could have imagined?

Well, I must admit that my games were crueler and more in-depth. but what´s to be expected from a Scam Token?

Squid Token White Paper

We present to you the first Game Token on the Binance Smart Chain Network. Squid Token is inspired by the famous Netflix Series "Squid Game", the way that the game will happen is simple and easy to follow, all you have to do is participate in the presale, the top 10 presale holders (based on amount of holdings) will be given VIP entrance to our game application. The Squid Token application will have a price pool, the price pool will be 2% of the amount raised on the presale and 10 of you will be able to participate in the games in the application and 3 of you will split the price pool. All you have to do is play and survive.

5d0843a6c1bc0ff01facf67f66aa66c18d485d9b6b0f988474d4a47d66cc7ff0.png

So for the ones that missed my Squid Token Games

 

GAME 1 - Red Light, Green Light

As we´re talking blockchain we know which wallets are holding what, now the squid token team will send their minivans to pick up all the holders.....and they will play a game of "Transfer your coins to your neighbor."

The 45% that are too slow completing the transfer get eliminated and their coins get burned.

 

GAME 2 - HONEYCOMB CANDY

Here the players need to join Honeycomb (a service that allows you to publicly prove you own a WAX address and Discord account). The thing is that there are just NFT´s enough for 45% of the remaining Token holders.

 

GAME 3 - TUG OF WAR

The remaining Token holders need to make 2 teams, once the teams are established they will both get on a scale and the number of tokens owned by the entire team will be measured....

The team with the most tokens wins....easy right? The tokens and the team that loses get burned.

 

GAME 4 - Marbles

Each player is teamed up with another player, they get a bag of 7 marbles and need to get their marbles as close to the current token price as possible.... The one that comes closest....will live a bit longer.

 

GAME 5 - The glass bridge

The 5 leftover players will need to cross a glass bridge, they can see an enormous exchange display....when they get on a glass plate while the price is going up they are saved....when the price falls so will they.

 


GAME 6 - The Squid Game

Now all tokens are burned, except for the ones owned by the two last standing..... They will battle it out following the Squid Game Rules.....

There will be only one (winner).

Now like I said that is more elaborate than the whitepaper game, where only the below was mentioned.

bacbaaafc3ef924f61cdbdf5ba83262381429c0245ae60678829ba6bde00bf95.png

The first step to participating in the game is participating in the presale - easy to do just follow the steps in the website, the presale will be going on for 2 days and after the presale is over as described before the top 10 holders will be moving on to our application where they will be playing 3 games, each of those games will be giving points to the top 3 positions and after the 3 games the 3 holders with the most amount of points will be splitiing the price pool.

The games will be anonymous until you reach the point of playing but will be well-known games to everyone and you will have a short description of each game before starting.

You see my games were much worse, but these whitepaper shit coin games ....... they can´t be serious, can they¿

 

Squid Game Over?

I wonder, would it be really as said that now that the pre-sale is done there are actually 10 people playing for the Big Prize....

f3599723b3ec92edf968d2eeb69661a2b76eae6caced3f368755a93e3b9b7d04.png

It would explain it´s “anti-dumping mechanism” or is it an “anti-selling mechanism?”

Well if we would trust the whitepaper the Game ended yesterday as everything is said to happen in Octopustober (very bad pun).

0c9dd30b9cb2202cdbf3c818f2ad2dbdcf2ed44eac194e08f40ba8c3b9840aa1.png

The End Game

But everything points that the game has ended and that a very smart developer has beaten all players and has taken the big prize home.

The Token is dead and that means or the devs or one of the 10 players mentioned in the white paper is having a lot of Tax-Free Squid Tokens.....but did he or she sell them in time? As the token is downs 99.99% and basically worth..... poo

27a5b7bfcd7543a66cbcb60a72284f93cb59a2f61fcf836102e0ee2f222999af.png

Nahhh that would be too cool......but maybe ...just maybe it wasn´t a scam----

c77904ee120edf86b0daa04277fcd50c327faefbd90a8dff6e05b74b3bddd2e5.png

Hope you enjoyed my little look into the Squid Papers stay safe DYOR and don´t buy into FOMO!

PS

Talking about Whitepapers and scams....there is another Squid Site , mentioning a whitepaper-----

269c5b1a42d85d3927b4e5001c0c55d47555a143ebbbe701e356a40ded1c43d8.png

That whitepaper looks ridiculously much like the BSC whitepaper at least in my opinion.

95cc092da703e8736cba6e993ce647df3145b7fa449d374d574070ff2c0f3108.png

 

Thanks for the read hope you enjoyed the ride and if so slam that like on it!

How do you rate this article?

69


BitcoinBaby
BitcoinBaby Verified Member

Little kids keep asking why.....as a Noob in the Big Bad Bitcoin world the same is happening to me as I try to figure how to survive. My Posts will take you through all the things happening in my mind since I got on the BTC Rocket into Crypto Universe


There is more to Bitcoin Baby
There is more to Bitcoin Baby

Of course Bitcoin Baby´s adventure throughout the Big Bad Crypto-verse are great....but sometimes there are other stories out there waiting to be told by BCB

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.