The wider world · 85 / 86 · 3 min
Reading a project
Read a project with the same list every time. The list does not name a winner. A project that paid TXKN for a listing still has to pass it, and the payment is not a blessing.
A project that paid for a listing still has to pass the list. The payment is not a blessing.
A worked case
A project pays for space and then quotes the page as an endorsement. The page said they paid. The reader skips the list because the logo is on a school. The list was the product. The logo was the space they bought.
The list
- What it is, in one sentence, with no slogan.
- Who can move the money.
- Who can change the rules, and how fast.
- Fees, written down.
- A real site you opened yourself.
- No one asks for a seed.
- No guaranteed return.
- Unlocks and admin keys, if they exist.
Then you decide
If any line is missing, you do not know it yet. Missing is not a yes. TXKN will not fill the missing line in for you.
The logo was the space they bought
Every case on this site is the same list. FTX had audits in the loose sense of famous investors and a public tone, and the money was not there. Terra had a yield and a peg and a story about adoption, and the SEC says the adoption story was false. Ronin had a bridge and a game and a small set of keys. Squid Game had a chart. The list does not get boring. The projects hope you will get bored and use the logo instead.
A project that pays for a listing is buying space. The payment is not a pass, and it is not a blessing. If they quote the page as an endorsement, they have told you how they treat documents. Apply the list anyway: who is paid, who can change the rules, who can stop the money, what unlocks, what the admin key can do, where the price comes from. If you cannot answer, you do not understand it. Understanding it is not the same as wanting it.
The list does not name a winner. Anyone selling you a winner from this school is selling something this school does not sell.
Read it yourself
These links are the record. They are not a recommendation, and they are not instructions. A news story or a court paper can still be wrong about a detail. The check does not change because a famous name is in the story.
Apply the check
Open a question. The line is about this topic. It is not a verdict that anything is safe.
The project, if you buy. TXKN, only if a listing fee was paid in ordinary money, and the page says so.
The project's admin, not the listing.
Their admin keys and their unlock. The fee did not remove them.
Check yourself
If a project is listed on TXKN, has it been blessed?
No. A listing is paid space plus this checklist. You still decide.
After this you can run the list on a project and stop where an answer is missing.