Summary
- Believe announced plans to strengthen measures against scam projects.
- The founder emphasized the importance of restoring reputation and gaining traders’ trust by ensuring the safety of virtual assets.
- They will introduce user protection rules, such as holding fees, blocking scam projects, and transparent disclosure of coin status.
Solana (SOL)-based launchpad Lunchcoin on Vlive (LAUNCHCOIN, hereafter Believe) has set out to strengthen its measures to prevent scam projects.
On the 2nd (local time), Believe founder Ben Pasternak said on X (formerly Twitter), "To attract new coin distributors, we must restore our reputation," adding, "This starts with ensuring the safety of the launched virtual assets (cryptocurrencies)."
He continued, "Believe will strengthen user protection within 48 hours in order to become the most trusted launchpad for traders."
To protect users, Believe plans to implement rules such as ▲a 24-hour hold before charging fees, ▲completely blocking scam project fees, and ▲transparent disclosure of coin status.
Believe is a project that allows tokens to be launched through Twitter. Thanks to a relatively easy token launch process compared to other launchpads, it has recently gained great popularity in the community.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
