I’ve been developing a product for a while now, aimed at enabling microtransactions for media content and making sure the author is human.
Stripe fees for small amounts is an issue,
I discovered Believe and its simplicity kind of convinced me that Solana might be becoming mainstream enough to actually integrate it into my product.
I launched my token, $VERNUS, kind of out of curiosity. I thought you need something like Elon posting about it to actually gain some traction, I just wanted to do some experimentation and research.
This was at 3 AM, by the time I brushed my teeth to go to sleep my phone was constantly buzzing and suddenly there was over $1M of volume on the token.
Since then, it’s well above $3M.
I didn’t have any tokens before it hit $2M and didn’t sell any. My tokens are locked for months and I’ve shared proof of that.
Still, I’m getting accusations that I rugged the project. Now hypothetically I know that would be possible, I could have easily set up a bunch of wallets and do some trading.
But Believe paid well in creator fees, I have neither the trading understanding nor the will whatsoever to engage in trading.
Is there a way I can prove that I didn’t engage in any nefarious activities with the token?
My interests are twofold:
1.) Most importantly, I want to integrate the token into my platform.
2.) Meanwhile, I’m happy about the creator fees, but I don’t expect it to be the main source of income. (our platform fee is higher than the 1.2% Believe does)
I have zero interest in trading and speculating about the price of the token.
submitted by /u/zcserei
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