security & risks
please read this page. it is short and it is honest.
memecoins are extremely risky
- most coins launched on any launchpad go to zero, many within hours.
- prices can fall 90% in minutes. liquidity can be thin. you can lose everything you put in.
- only use money you can afford to lose entirely.
burning is not a guarantee
the five petals reduce supply. they do not create demand. if people sell faster than the supply burns, the price falls. a coin that is 5% lighter can still be worth nothing. the burn changes your share of a coin — not its value.
smart contract risk
- the contracts are not deployed yet and not audited yet. see contracts.
- even audited code can have bugs. a bug could lock or lose funds.
- elysium is a new L2. new chains can have outages, reorgs or bridge issues that are outside kobai's control.
market and MEV risk
- bots watch every launch. you may buy after snipers, or be sandwiched if your slippage is too loose.
- the flame-fee buybacks are designed to be hard to exploit, but not impossible.
scams and impersonation
- $KOBAI is not launched. anyone selling it today is not us.
- tickers are not unique. always check the contract address from a source you trust.
- we will never DM you first, never ask for your seed phrase, never ask you to “validate” your wallet.
the testnet simulation
the testnet app is a simulation. its numbers do not predict anything about real coins on mainnet.
regulation
crypto assets are regulated differently in different countries, and in some they are restricted. it is your responsibility to know and follow the rules where you live.