All views and opinions expressed in this article are the author’s own and are not endorsed by or reflective of Now Entertainment. As a reader-supported publication, we may receive compensation for the products and services mentioned in this story. Learn more about how we make money and our editorial policies.
According to CNBC, the number of people willing to invest their money in cryptocurrencies has recently increased, with one out of every ten Americans doing so in 2020. Indeed, some people’s lives have improved as a result of their investments. Unfortunately, many people have been dupe. There are crypto launchpads to help solve this growing problem, and one of the most trusted is SLINK LABS.
SLINK LABS, formerly known as Shiba Link Token, is a token on Ethereum that serves as a launchpad for new cryptocurrencies. It claims to benefit investors by introducing them to early-stage crypto currency projects that generate revenue on numerous blockchains. The team even offers their clients several services through their developer program.
SLINK LABS has been liste on Coingecko, CoinMarketCap, and Coinsniper. It has trended multiple times on DEXTools as well. It intends to expand its reputation in the crypto space and become a corporate bridge for those interested in smart contract tokens.
However, SLINK LABS is best known and esteemed for its security. It claims to provide its clients with the assurance that they will not lose their hard-earned money as a result of a scam in a variety of ways.
The liquidity of the cryptocurrency token is one of the first factors to consider when determining whether it is a scam. It is a standard practice for developers to lock in liquidity by relinquishing ownership of liquidity pool (LP) tokens. If no such process is involve. You should be wary of investing because you may lose money instead of making money.
SLINK LABS assures its clients that their money is in safe hands because their core tokens. Liquidity has been lock and renounce. This means that the ownership of the pool of funds is transfer to a time-lock smart contract. This eliminates the possibility of the developers cashing in the money and taking it away. SLINK LABS is a breath of fresh air in an industry rife with scammers.
As an ambitious group, the SLINK LABS team is already strategizing on how to make the token commonplace. Like Wikipedia and other credible sources of information. They hope to establish their website as a credible source for vetting tokens and providing useful information.
According to the audit report SLINK LABS has pass all security tests and was proven. To be safe from the risks associate with smart contracts. As no external threats were identifi. It also adheres to ERC20 token standar. Which defines the rules that all Ethereum tokens must stick with, and it even utilizes Safe Math libraries. More detailed reports on SLINK LABS’ token contract can be access on its official website.
With the assurance that SLINK LABS offers, it’s no surprise that countless investors have placed their faith in the token launchpad. In fact, many have expressed their awe and joined the community on Facebook and Twitter. In the future, SLINK LABS aims to further build its reputation as a trust worthy source for finding vetted investments.
Disclaimer – The views expressed within this article and sponsored links therein are not endorsed by Now Entertainment or its staff and are not intended to be financial advice.
