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launchtool.io Scam Check: 10/100 Trust | ScamMinder

Website: launchtool.io

Screenshot of launchtool.io

Safety Score

10/100
✗ Scam Risk

Exercise caution when interacting with this website.

AI Analysis Results

Category: Crypto
About this website:

The website claims to be a platform for creating Solana tokens without coding, but there are several red flags: 1. **New Domain**: The domain is relatively new, which is common for scam websites. It was registered less than 2 months ago. 2. **Lack of Information**: The website lacks detailed information about the team behind the platform, which is a common tactic used by scam projects to remain anonymous. 3. **Too Good to Be True**: The promise of creating tokens in seconds without coding and for a very low cost (0.1 SOL) seems unrealistic. Creating tokens on legitimate platforms involves more complexities and costs. 4. **Security Claims**: While the website claims that the platform is completely safe and audited, without verifiable information or audit reports, these claims are dubious. 5. **Community Engagement**: The emphasis on community involvement and the call for developers to contact them can be a tactic to appear legitimate, but it's not a guarantee of authenticity. 6. **Ownership and Authorities**: The website mentions that users have full ownership of the token and control over its authorities. However, in the context of blockchain and token creation, this is a complex matter that requires more detailed and technical explanations. 7. **No Code Management**: The website claims that users can manage token authorities on Solana without coding, which is misleading. Managing token authorities typically requires technical knowledge. 8. **Copyright Date**: The copyright date mentioned (2025) seems unusual for a website that was created in 2022. 9. **No Independent Verification**: There are no independent reviews or verifications of the platform's claims. Given these red flags, it's advisable to approach this platform with extreme caution. It's recommended to thoroughly research and verify the legitimacy of the platform before engaging with it, especially when dealing with financial or cryptocurrency-related services."

Risk Assessment: scam
📊 Analysis Reasons:
  • New Domain, Lack of Information, Too Good to Be True, Security Claims, Community Engagement, Ownership and Authorities, No Code Management, Copyright Date, No Independent Verification