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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Thitical Crinker on December 14, 2022, 09:57:53 PM

Title: "Backdoor" crypto, how much X??
Post by: Thitical Crinker on December 14, 2022, 09:57:53 PM
I just put some money into early phase of a project that LOOKS like crypto, but technically isnt, so not the same hacks/risks/maybe regulation, etc. Also much more private so not problem people rushing in. Now I think how normal are these? The project sells ownership "shares" in a virtual economy (very like metaverse) and when the economy is stable these shares can be traded like tokens/crypto. Theres more but I am not smart enough to explain. But this seems EXACTLY like crypto to me, but it is not officially crypto. Like trading gold from WoW back when it gave good X.
Does anyone know other good projects that is "backdoor" crypto like this?
Title: Re: "Backdoor" crypto, how much X??
Post by: TomPluz on December 15, 2022, 05:03:03 AM


As I am always risk averse, I never encountered something like what you described here. I guess getting into that means that you must be trusting the people behind it and be ready that at the end you might not get anything just in case the project will not really materialized or take off. I am sure this is not something we can recommend to anybody as this involve some guts on your part. Anyway, am wishing that that project can be good months from now and you can see some profits out of your involvement.
Title: Re: "Backdoor" crypto, how much X??
Post by: Thitical Crinker on December 16, 2022, 06:48:14 PM


As I am always risk averse, I never encountered something like what you described here. I guess getting into that means that you must be trusting the people behind it and be ready that at the end you might not get anything just in case the project will not really materialized or take off. I am sure this is not something we can recommend to anybody as this involve some guts on your part. Anyway, am wishing that that project can be good months from now and you can see some profits out of your involvement.

Thx! With crypto these last months this feels a bit safer, but yeah never a guarantee!