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memeai.fun

Why is the trust score of memeai.fun strongly low?

The website memeai.fun appears to be related to a cryptocurrency project called Meme AI. The content on the site includes information about tokenomics, a timeline for the project, details about farming, and references to GameFi (Game Finance). It also mentions a whitepaper and an audit of the $memeai contract. The site provides a contract address for the $memeai token (0xd404…de8c) and encourages visitors to buy and claim $memeai tokens.

Tokenomics:
The site outlines the tokenomics of $memeai, stating that 69 billion tokens will be minted in total. These tokens are allocated to various pools, each with different unlocking schedules. The allocation percentages and unlocking details are provided for different pools, such as the liquidity pool, memes ecosystem, community development, research and development hub, partnerships and marketing, AI-generated development, CEX launchpool, and advisory.

Timeline:
A timeline for the Meme AI project is presented, outlining key activities and milestones for the project from Q3 2023 to Q1 2024. These activities include defining the vision and technical specifications, fostering community engagement, establishing partnerships, developing and auditing the smart contract, and bringing the Meme AI platform to life through prototyping and testing.

Claims and Promises:
The site makes several claims and promises, such as “who controls the meme ai, controls the universe,” which could be seen as exaggerated or unrealistic.

Red Flags and Risks:
Several aspects of the website and the project it represents may raise red flags or pose risks:

High Token Supply: The large total supply of 69 billion tokens may raise concerns about potential dilution of value and the ability to maintain scarcity and demand.
Complex Token Allocation: The detailed breakdown of token allocation into various pools with different unlocking schedules can be complex and may not be transparent or easily understandable for investors.
Unrealistic Claims: Statements like “who controls the meme ai, controls the universe” could be seen as hyperbolic and not grounded in reality.
Vague Roadmap: While the site provides a timeline for the project, the specific technical and business milestones are not detailed, which could make it difficult to assess the project’s progress and viability.
Lack of Independent Verification: The site mentions an audit of the $memeai contract, but it’s important to verify the credibility and independence of the auditing firm.
Limited Information on Team and Governance: Transparency about the project team, their experience, and the governance structure is crucial for assessing the credibility and accountability of the project.
Unproven Technology and Use Cases: The site mentions AI (Artificial Intelligence) but does not provide detailed information on how AI is integrated into the project or its practical applications.
High-Risk Nature of Cryptocurrency: Investing in cryptocurrency projects, especially those with high volatility and speculative elements, carries inherent risks.
It’s important to conduct thorough due diligence and consider these red flags and risks before engaging with the Meme AI project or any cryptocurrency investment. Additionally, seeking advice from financial and technical experts can provide valuable insights and help make informed decisions.”



the reasons behind this review :
High Token Supply, Complex Token Allocation, Unrealistic Claims, Vague Roadmap, Lack of Independent Verification, Limited Information on Team and Governance, Unproven Technology and Use Cases, High-Risk Nature of Cryptocurrency
Positive PointsNegative Points

  Website content is accessible

  No spelling or grammatical errors in site content

  Whois data is accessible

  Low review rate by AI

  Domain is new

  Archive is new

How much trust do people have in memeai.fun?

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