Avoid starting on centralized exchange (CEX)
Did you know that launching cryptocurrency on central exchange platforms means that the crypto team is directly selling it to the buyer in exchange for their money. This makes the team and those around them exaggerated winners, while the rest of the investors are left with an increased probability of risk and loss. It should be noted that on the day the currency is offered for trading by the team on the central exchange, the selling price would have been previously determined by them. After that, a huge portion of funds from the purchases are in the ownership of the team, and when there is a lack of sufficient demands or an exaggerated amount of sales for the cryptocurrency, a steep decline will be noticed. This is caused by the lack of a real liquidity pool that supports the stability of the price.
Preventing token reissuance
The smart contract may contain a feature that allows the reissuing of the token through a technology known as “Mint”. This feature permits manipulation as it allows the currency team to create the crypto for free and in an unlimited number, and then selling them and withdrawing buyers’ money from the liquidity pool. This increases the maximum supply of the crypto, and would harm the interests of investors.
It is important to know that the Smart Contract under which AMAL was created, does not provide the possibility of reissuing it, and AMAL Total Supply is only subject to decrease through direct burning and buy-and-burn technology.
Not allocating any token to the founding team
You will notice that in most tokens the founding team holds a large percentage of it. It is important to know that in this case, the team's deducted token can be exchanged for the buyers' money, and this would give the team a large amount of money for free at the expense of real investores, as well as lower the price of the token.
Deposit the maximum supply of the token into the liquidity pool
It may be noticed that in many cryptocurrencies, a large percentage of the currency stock (total supply) is transferred to digital wallets that are managed by the team under the pretext of marketing, rewards, or developing the currency and other justifications
While for AMAL, the (total supply) is the same as the number available for trading on the decentralized platform (circulating supply).
The token project is clear and auditable
The donation wallet can be audited by everyone, and the money received into the wallet can always be compared to the amount of money that was donated.
Please click to review the process of collecting and disbursing donations
Avoid presale and private sales
No presale or private sales have been conducted in which a certain group is distinguished from the rest of the buyers by obtaining a lower price. Rather, all investors are equal with AMAL.
AMAL is a token that can be owned fairly by everyone (Fair Launch) from the moment it is put into circulation everyone is presented with equal chance to buy it.
Avoid distributing free token for marketing purposes
Airdrop was avoided as we do not intend to distribute worthless tokens to specific people at the expense of other buyers, nor does AMAL rely on a policy of distributing free tokens in competitions or any similar situations.
Consistency and clarity of the deducted commission
The commission deducted from buying and selling operations is clearly stated in order to achieve the goals of the humanitarian token project and preserve the interest of investors. This commission is not subject to change according to the rules of the smart contract.
Avoid showing an unreal trading volume
Many crypto currencies carry out large buying and selling operations to fool buyers of the importance of the currency by transferring it between crypto wallets to create high fake liquidity. There are robots designated for this purpose and companies specialized in this matter, also the central platforms provide this service, while this is not possible for AMAL due to its presence on a decentralized platform and the presence of a commission on purchases and sales.
However, sometimes we purchase a certain amount and use it for a good cause, like a candle that burns to light up others. We carry out buying and selling operations in the same wallet to provide support to AMAL operations such as burning, rewards, and donations.
Publish awareness articles to uncover means of manipulation and exploitation in cryptocurrencies
Through many of the articles available on our website, we seek to spread awareness of the crytocurrency world, especially that related to detecting means of fraud, deception and manipulation, because we believe that the greater the investor’s knowledge, the greater the credibility of AMAL.