is the slogan of this token which I've accidentally found while looking to find an answer while debugging some contract functions. And I might say this token got my attention, so I decided to review its smart contract and try to find out how it actually works.
First, I wanted to read what does this token actually works and why is different than any other token available currently.
On Token’s official webpage under WhitePaper, all of the PPP functions can be found and the main one is Variable fee.
So what’s with this Variable fee? This idea is basically super AI next level sh*t, and this means that Token is not controlled by person or group or markets like all coins and tokens. It’s actually a token that controls itself. Token controls itself? At first, I haven’t found any common sense in that, but I started thinking on it in technical way, and this thing is actually BRILLIANT.
PPP is calculating orders, both buy and sell in real-time and based on the current index fee is set, let me explain it like this:
It’s a normal day in the Crypto market with prices rising from 0.50% to 1% and out of sudden China is making new bans on Bitcoin, and prices are going down up to 10%, PPP is the only token that can actually prevent this by its algorithm sensing that sells orders are in higher demand and it sets high fee to prevent people selling it massively. PPP Variable fee range is 10% to 70%.
Who would sell tokens on 70% fee index, and losing most of their money, when they can wait minutes, hours to sell it on a low fee index?
Brilliant! Brilliant! Brilliant!
All tokens collected from fees are redistributed back to holders.
There are also other token features that sound really amazing as this one:
NO WHALES - Price protection features such as max tx on sales are included. Any transaction selling more than 0.1% of the total supply will be rejected. This prevents massive one-time sales that drastically alter the token price.
Now from the technical side of these features and being a Blockchain developer myself I must confess I am a bit confused about how this actually works so I started exploring the contract.
The contracts are smart, but not smart enough for this kind of a token. I found out that the AI part of the bot it’s not and cannot be hosted on the main network and it’s set up on the Amazon AWS server but it’s built-in some kind of an API with Contract and it’s receiving index info every second about the real-time transactions. If this was my project then probably I would do it like this. So cheers up!
So, what’s my opinion on this token:
- Team members and available to anyone who wants to meet them on a video call like I did while asking them few questions about technical details.
- The design of the token and website is solid, doesn’t look sketchy.
- Presale of tokens is super easy.
- Community is growing and they have strong beliefs. You can feel the energy!
So, what’s my prediction for this token? (This is personal prediction and not financial advice)
This token will Skyrock and probably be in TOP 3 gainers in the next period, so hodl as long as you can. I bought 50k PPP’s and I am pretty sure that I can get at least x80 in a two to three months period.
Propeller Protocol token official website.
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