Doxed Token Launches Feb 4th
By Hogefather, aka Jesse J Rogers
This article has generously been sponsored by Doxed. It is not financial advice and should be read for entertainment and informational purposes only. Cryptocurrency is volatile. No one can predict its next moves, and no one should invest more than they can afford to lose.
There’s a lot of pressure in crypto to be one of the earliest investors to a new project in order to get the highest gains. But there’s also enormous risk. By this point you can find a wasteland of dead projects, rugged tokens, and broken dreams littering Ethereum and the Binance Smart Chain.
Brandon Hoffman has been a victim of some of these rug pulls (when liquidity is pulled, rendering a token worthless and untradeable). Websites with team members and bios simply disappeared, along with the money everyone invested.
Part of the problem that leads to so many scams and con jobs is that without the accountability of public exposure and reputational investment, there’s no penalty faced by the perpetrators of rug pulls.
Brandon’s experiences inspired him to take massive action to address a gap in the market. As he explains in our recent interview, Brandon started by learning to code in Solidity, just as I’ve been teaching myself to do.
The vision for a project to push back against the deception came to be called Doxed, which you can read about here. His plan is verify that the bios alleged to be the team members of a project are legitimate, which he hopes will both generate income and help clean up the space. Brandon’s dreams of the Doxed stamp becoming as widely expected as code auditing, and believes that this tool can spare more people from going through what he has.
Practicing what they preach, Brandon insisted that the entire leadership team had to Dox in order to be part of the project. You can learn about them here.