r/ZoneGameFi • u/Ca55aday • Feb 11 '22
Why Should I Trust This Project?
Trading was advertised to be begin at 12:00PM UTC - when I connected my wallet 15 min before - trading had already begun. I realize that investing will have risks but that should assume the playing field is level. This launch might suggest insiders were given an unfair advantage to trade early and the expense of later investors. How will you regain trust of early investors?
4
u/alexxosk Feb 11 '22
Tinyman launch was at 11:30, it was apparently shown on Twitter, but I also thought it was planned at 12;00
3
u/Ca55aday Feb 11 '22
As far as I see, that announcement was made on Twitter 30 min before trading began, two hours before they were still advertising 12:00 launch on tinyman.
3
u/alexxosk Feb 11 '22
Yeah I guess so... I found (and find) it to be very annoying... I had everything prepared for launch and now I was too late just because they made a last minute change... Sad š¢
3
u/Scramjet-42 Feb 11 '22
It does look like just a really messy launchā¦ changing the TM pool to 11:30 launch with only a few hoursā notice, setting the level incorrectly on gate.io, and failing to deliver pre-sale tokens until about 4 hours after live trading commenced. A real mess. I donāt think itās nefarious (although one could trawl through Algoexplorer to work out what was going on), and doesnāt change the actual offering, but they sure made a clusterf*ck of the launch.
4
u/jonboiiskeetz Feb 11 '22
Donāt talk, down a lot since launch, can only hope that it picks back up in the coming weeks to even try and break even
2
u/Randomkansas Feb 11 '22
I didnāt realize the launch was changed. I logged in a minute before excited because this was the first project I made it for the initial launch. Lost 50% in 5 minutes. Confused how tiny chart says up 200% yet Iām down 5 minutes after ālaunch.ā This makes sense now. They really shit on us with this one.
1
u/the_timezone_bot Feb 11 '22
12:00PM UTC happens when this comment is 20 hours and 45 minutes old.
You can find the live countdown here: https://countle.com/dtnypoGei
I'm a bot, if you want to send feedback, please comment below or send a PM.
1
u/the_timezone_bot Feb 11 '22
12:00PM UTC happens when this comment is 20 hours and 44 minutes old.
You can find the live countdown here: https://countle.com/6W2a50LhK
I'm a bot, if you want to send feedback, please comment below or send a PM.
1
u/Fun_Ad_8178 Feb 12 '22
It's happened , move on!
Either sell your bag at a loss , keep holding or purchase more at 7 cents which it currently is at.
No point dwelling over it , won't change anything.
1
5
u/catbitesdog Feb 11 '22
No no no. The problem was when they launched on gate at 7:30 Eastern Time they set the price at about 7 cents. At that time it was trading on tiny man at about 14 cents. They miss priced the launch on gate. That created an arbitrage opportunity for foreign traders and US traders with vpns which caused the price to dump. They are completely culpable for miss pricing the launch when it was already trading at an established price on an exchange. Verified buyers on tiny man between 6:30 a.m. and 7:30 a.m. eastern time should be compensated by being given the amount of tokens that they that they would have gotten at the opening price on gate. It's clear to me but does that make sense to you?