Anyways, I think Litecoin Monkeys is a fun project. Could it

Question

Anyways, I think Litecoin Monkeys is a fun project. Could it

crash and burn to become worthless? Honestly, more likely than not.

Could the developer rug everyone and run away with the money and stop supporting it? Sure, I don't know the developer at all before this. So I can't vouch for him.

Would I buy a couple NFTs to play around with a project that supports Litecoin? Sure! I already bought 2 monkeys and lost a battle. Pretty neat

#blockchain #cryptocurrency #english #ltc

0

16.04.2022

9 ответов

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Kevin

Yeow! The rug part is bad though. LTC is sponsoring this, there shouldn't be a possibility for it to be a scam... it would ruin the LTC's reputation.

0

16.04.2022

Charlie Lee Автор вопроса

Kevin
Yeow! The rug part is bad though. LTC is sponsorin...

LTC sponsors nothing. LTC is a decentralized currency. The Foundation is not sponsoring this either. We retweet anything Litecoin related. There's no way we can be sure nothing we retweet will turn out bad. Heck, we even invested in a company that crashed and burned: Litepay.

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16.04.2022

Fahim

What do we promise? We promised a play to earn NFT project and didnot say "it will launch at Q4", it is ready to play and people are playing. They are earning LTC wagers and claiming. is there any problem guys? Every winner claimed and got rewards without any problem. And we utilized bep20 LTC this was another aim and we realized. What is next? Heavy marketing, marketplace addition, rarity analyser development and some others. i mean we already came with ready product. We will do our job and will add to marketplace and make related martketing works. But i cannot say that you can sell your NFT for thousands dollar like bayc, even i cannot know this. There is no run away mode in this project, i dont hold any NFT, NFTs are stored at IPFS, decentralized system etc. Minting incomes will be used for devs, for the project and Litecoin foundation already we clearly said this. i mean i cannot cheat anyone with this project

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16.04.2022

Kevin

Charlie Lee
LTC sponsors nothing. LTC is a decentralized curre...

Ok, then I misunderstood. It wouldn't be a problem if it crashes like Litepay (it's a risk that you can't avoid), but only if the developer rugs everyone.

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16.04.2022

Hel

Nft scam is all about gettin the nft minted and the scammer go away with the mint fees (0.5 ltc per nft in this case)

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16.04.2022

Kevin

Hel
Nft scam is all about gettin the nft minted and th...

I know the risk of a scam is really high. And the disclaimer on the bottom of the site doesn't make things better despite it could be a must: "Any future benefits are ancillary to this purchase and not to be taken into consideration with your initial purchase. You agree that you are not relying on any future commitments by Litecoin Monkeys Team in using this site and participating in our NFT launch".

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16.04.2022

moonsie

Hel
Nft scam is all about gettin the nft minted and th...

worst case scenario you lose 0.5 ltc if u mint one for fun and dnt expect anything from it. who cares. i have lost thousand times more being degenerate trader .

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16.04.2022

Hel

moonsie
worst case scenario you lose 0.5 ltc if u mint one...

Worst case scenario you feeded 0.5 ltc to a scammer pushing scammer to create more scam project since it works

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16.04.2022

moonsie · Accepted Answer

moonsie

Exactly my take. I also minted 2 monkeys. If It wasn't for this project I would've never even tried to learn more about NFTs or to mint some. So the educational value alone is worth it; I don't care if it crashes, it's just entertainment to me.

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16.04.2022

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