BOOST COIN STEALTH LAUNCH
In order to ensure a fair launch, our team made the decision to launch the Boost token contract on Etherscan (https://etherscan.io/token/0x4e0fca55a6c3a94720ded91153a27f60e26b9aa8) approximately 24 hours prior to the announced fair launch. This served several functions, all of which will be outlined in this report, as well as all documentation pertaining to purchases made by the team and attempts by outside parties to “snipe” the launch and our ensuing actions carried out by the development team of Boost to ensure our fair launch took place as planned on August 9th at 7:00PM +UTC.
What we did
On August 9th, 2021 at 07:42:18 PM +UTC we added 90 Ethereum to the Liquidity Pool (https://etherscan.io/tx/0x3f7f26eb03a068a0df6bac72c881f299a91c3cde4bfd05fd3459d06d22070ce2). We then proceeded to observe the chart on DexTools to see if anyone would attempt to “snipe” the pool. During the first hour, we had 7 buys and one sell. The seller purchased twice in the same second using a bot. You can view those purchases here:
https://etherscan.io/tx/0xc0cd337109173f3a43f890294c3eef12f2d9c8eca593662863cee53bc5531744
https://etherscan.io/tx/0x3005e9cb5dc79df7b2c5dc339191944f33785250543bee30bc81b5162e2b41cd
And then subsequently sold with no profit at 1 minute and 54 seconds later, with no transactions in between. This is that sell:
https://etherscan.io/tx/0x5655761ba452dc2ca6c29ec068531aa381ffab7cf7581a1e9ea1fd5346a01ab3
This totaled 0.63 ETH in buys and 0.042 in sells. All wallets were immediately blacklisted and their tokens were permanently frozen. We plan to refund the 0.59 ETH to these purchasers as we assume that they made these attempts in error and deserve to receive their funds back.
https://etherscan.io/tx/0x0832a3871d25d8902d32591cb3ed0f08b7230e29287afce2b7ec442ee4bad50c
https://etherscan.io/tx/0x8542b554976bfa7eeb1c7321095484fbc5f0c98843ae693e6f685ff80da45890
https://etherscan.io/tx/0xbd4ec8fd2977d0ecbe86ff19d2a3bd50ae7245ab3795a0546025d6ae6f098434
https://etherscan.io/tx/0xe369287e8c7597aaa6646483a97eed9cb0f6d0373c42f4ea985595d2da405ce3
https://etherscan.io/tx/0xc0cd337109173f3a43f890294c3eef12f2d9c8eca593662863cee53bc5531744
https://etherscan.io/tx/0x3005e9cb5dc79df7b2c5dc339191944f33785250543bee30bc81b5162e2b41cd
https://etherscan.io/tx/0x5655761ba452dc2ca6c29ec068531aa381ffab7cf7581a1e9ea1fd5346a01ab3
https://etherscan.io/tx/0x2afac50fc97cba1a3bca4378f23d160634d2495c9a681f718739e2f7877065fa
From there, we made purchases of our own totaling 30 ETH. You will notice that in accordance with our restrictions pertaining to maximum transaction size (5,000,000) and maximum wallet size (9,500,000) we required 13 separate wallets to complete these purchases. These wallets can be viewed here:
https://etherscan.io/address/0x870ec003c09e3ba8736d017fcb2f0ab692febda2
https://etherscan.io/address/0x58da1f40e41d30a2353daad5a70877582fefc1b8
https://etherscan.io/address/0x539c30a9104c1810ae227433810a65f9db9c934c
https://etherscan.io/address/0x2a1b08c359488ca06ece27dad3d96901b5984b65
https://etherscan.io/address/0xf1a0ae674a46a8aa09889a52a11f31141ff1ac90
https://etherscan.io/address/0xda93bd487e542b9da1dfe9f8467232cafe513cf0
https://etherscan.io/address/0xc8bd517c6fd5ca1530cfbba2bb26d2a86bd32c15
https://etherscan.io/address/0x6404e7545217933e77ef8661901f239a208f0fbc
https://etherscan.io/address/0xd720492049feb75eabbf597d90af66b20641a86e
https://etherscan.io/address/0x23b18acf8b609478afc44772bb0299e892d738d9
https://etherscan.io/address/0xe664a7d3f45dea8e2e4d66fd6b31f9ab4352bc26
https://etherscan.io/address/0xd0163ab0adb078f48a60e8f73cc7c43044235dab
https://etherscan.io/address/0x1f8bf3594ea396d9daa38c7e22ef358128c01fde
During this period we had 22 additional purchases, all of which were subsequently blacklisted, thus freezing those coins permanently. Here are those transactions:
https://etherscan.io/tx/0xcbde5708fa14bd0524601cfec802ce9b6c7f8f775db51b29daca4053bfad3073
https://etherscan.io/tx/0xcd1e73d3690941adf4336ad8090c348aa592de56cb705618e256b1e41619c378
https://etherscan.io/tx/0xf55e829e15949926828ed9859372091de2e0d06d230f301b264f5605611b16bd
https://etherscan.io/tx/0x78446b2c8b8a764405410f653c6d34e4d085fcbff4ca8b8dbea902814f640ae1
https://etherscan.io/tx/0x189d416795ada7d73df1e7b450ac89f656e4c2216d3143bd9c1199e042ce5791
https://etherscan.io/tx/0xdca6591cece44fa1d6da4dac8bf7b90d07df7d71bf5861590ffb7184bc157504
https://etherscan.io/tx/0xb2b1d719006e3179acece705ed864d3ca1e55dc13a3edb374a04ea072555aced
https://etherscan.io/tx/0x2afedf5f465e5ab49272df488fcbd0c8bd9cad3cd6b5c70502de9ea05d102383
https://etherscan.io/tx/0xba4a1aae03e5926e19552e62ef92198bc55b5d03a1dcb9523250bb2c5e5a68db
https://etherscan.io/tx/0xc43608fb02e7b1f43f81ef324abb02a1064e0ce5b71ab74ed5c95686de9c4d7c
https://etherscan.io/tx/0x0b2200e3e05fb7f02be1f265b149dead4f0fbc0f9663506c12a3b31b47697570
https://etherscan.io/tx/0x2f9a97ee19cbf5b24f98470ab788db7fb20178d017c915483d46ded27005719d
https://etherscan.io/tx/0x8edfe1bf41dbd694fdadd92191c321e20a2d5eaacb09f8bfdd9bc7133854fb99
https://etherscan.io/tx/0x60c85cc0b78b8260514d991caf86cdc24f7f3c908ba587e55f276abca39c136b
https://etherscan.io/tx/0x157f888aeb70b65f1ec0ee8b915c6350163ae46bd3950690b3dcb31cd8b1c783
https://etherscan.io/tx/0x1cfe7f01b3bad2f9a67e9fcbf25e1f0d4f21573f1223314337b5f7ee32cd0ec8
https://etherscan.io/tx/0x463235d790632dc53f5bfe083fc0b1ad12eda99a91b43205e1a89199c345d118
https://etherscan.io/tx/0x583a353399fe2460aab0df9317736899c9264f703a436e573bc14f3ea8a60732
https://etherscan.io/tx/0xafecb5e1cdc244050d5d826b548abdcced8ec652bc68c7cec0c9bb629714b500
https://etherscan.io/tx/0xfa0ef396a83053d43fcd8ba03e5893ea504d8cfa6c1603edf141d49c5a7229e9
https://etherscan.io/tx/0xd4f2ecc745a7cd44159011883eb7905d14c71e87929748dcc8d047b5dd47449a
https://etherscan.io/tx/0xecdad589972f6c3c384e7241104e519e652ec82358e98efcda48ccd0fd859ada
This is the address of the token contract owner, where you can see the transactions where addresses were added to the blacklist:
https://etherscan.io/address/0xee72635914c510637c77b85232572d10f72b5a0e
Lastly, we sent all the tokens purchased from the team wallets to the global Ethereum Burn Wallet. You can see those transactions here:
When we burned these tokens, it triggered sells due to the tokens that were collected from the tax. We bought back tokens to restore the liquidity pool to 120 ETH and will be burning these tokens again immediately after the public launch as buys come in. The transactions are listed below:
https://etherscan.io/tx/ 0x219790e7b042bbae999d6454d519d020a4c84f150d4514ac235830fa89ad734f
https://etherscan.io/tx/ 0xaa82f74f6fe8dc9dc9ac5e7d1981dc561fc52c66a99d817108f4289d0756bd3b
Here is a screenshot of the boost token holder list at 2:59pm, one minute before the fair launch.
*** – Add screenshot
Additionally, the dev locked liquidity through UniCrypt for 3 months. We decided to choose this a couple of reasons such as potentially migrating to Uniswap V3 or to our own swap platform. The proof of liquidity lock can be found here:
https://etherscan.io/tx/ 0xf0d508176208d46129b3bd4b508e2a4a1039fd04d86d7346076d52f13044d456
https://app.unicrypt.network/amm/uni-v2/pair/ 0xbc6d37be25b06471d9e094dbb800c1d006e5a9ed
Why we did it
There were many benefits to the community for the actions we took, but most importantly, this allowed us to ensure the fair launch of Boost Coin which we promised the community. To date, we are the only known project to perform this type of launch, which came with many risks. We are delighted to share that it went off exactly as planned.
Here is a breakdown of the benefits that the community has received as a result of the incredible work by the Boost Development Team:
1) Increased Liquidity
The team made a decision early on to have 90 ETH donated to the liquidity pool as a gesture of good faith to the community and to help establish a floor value for Boost Coin. By performing the stealth launch we were able to add an additional 30 ETH
2) Raising The Floor
The 30 ETH purchased on market enabled us to increased the previously established floor value of Boost by 72.18% to $0.00098656.
3) Increased Value Of Remaining Supply
In addition to the value derived from purchasing Boost coins on market, by sending all purchased coins to the 0x….dEaD wallet, we were able to burn more coins than our initially planned 50%…this worked out to a final tally of XX%, thus further increasing the floor value of Boot coin by XXX%
4) Data aggregation
Sites such as CoinMarketCap and DexTools have certain requirements of data necessary to trend or be listed. By doing this one full day before the fair launch, we were able to be placed in these positions faster than any other project, thus increasing the likelihood of a successful launch.
SUMMARY
The Boost team prides itself in being one of the most transparent projects in the cryptocurrency ecosystem. By providing this information to our community of holders, we yet again show just how serious we are about fulfilling this expectation. If there are any further questions or concerns we invite you to join us in our community discussion on Telegram https://t.me/TheOfficialBoostCoin
Sincerely,
The Boost Coin Team