Half Memecoin, Half Realcoin? Hakunamatata $TATA is the newest IDO Gem that fits your entire checklist.

When a crypto enthusiast look for gems, they often have a check-list that serves as ultimate guide to understand whether the coin at hand is a buy or a bust. For me, this checklist is lengthy but understandable considering all sorts of scams occuring in DeFi Space that never seems to stop at all.

Despite being extensive, the checklist is pretty simple.

1. Website. If you see a new coin with a great website, you should consider checking out its other factors, if its decent enough, it might be worth a try, if its ugly, it most probably is a scam. And IF it has no website at all, you should turn tail and run away from that coin as fast as BTC going down due to Elon’s Tweet on CryptoWhale. In order for a website to be great, it should be complete in a sense that it tells the readers almost everything about the coin which is contained in a detailed whitepaper. Having a great website and whitepaper takes a chunk of time that only dedicated projects do.
2. Doxxed Devs. For those unknown to this term, “Doxxed” in crypto simply means documented. This entails that the team, or at least one from them, has shared his/her social media account to the public in exchange for more trust. However, even scammers are now using this idea to their advantage by simply providing a picture and a name, or a fake social media account. In order to determine if these Doxxed Developers are real, you need to check first the account they are sharing. It should not be just any random account, rather, it should be a professional one such as LinkedIn. Another factor that tells these fake people from the real ones is through doxxing via Video or Live. If all the delevopers are Doxxed with a video proof of them talking and discussing their ideas, while at the same time shares their personal LinkedIn profiles, boy oh boy, that coin must be a Gem fo’ sure!
3. Of course having a great website and proper team is nice, but you cant really have a gem if that coin has no use case and a real plan. A Gem can only be called a gem if the coin actually has a utility planned out. The roadmap of the coin should cover extensive detail about the team’s plan which shows that the developers and founders have a vision for their coin.
4. Lastly, one should consider the health of the coin. This is where proper token distribution and token semantics come into play. Most developers tend to neglect the fact that liquidity feedback is a huge part of the coin. But even more so, marketing. Without proper allocation in the marketing department, a coin is surely doomed to fail no matter its use case, no matter its plans, because in the end its all about having enough gas to reach your destination and not simply driving so fast only to have an empty tank halfway through.

These, ladies and gents, are all present in this new coin that is HakunaMatata and it has not even launched yet! If you don’t believe that such a coin exist on a pre-launch state, feel free to check their website yourself at www.hakunamatata.finance

Next time you’re shopping for a new coin, make sure to have this handy checklist with you all the time for it will surely do your metamask wonders as it did mine.