Duckie Land Multi Metaverse (MMETA) has pumped over 6,000% in the last 24 hours. This is a token that was released about a week or so ago. Is this token a safe one to invest in? That’s is what we are about to find out.
But before we begin, you have to first know that “I’m not a banker or a financial adviser. I will not be held responsible for your financial decision. It is totally important to fact-check the things I say and make your conclusions. This article is just a guide. Consider it entertainment.” As I said earlier, the essence of this review is to find if Dukie Land is another scam token or a safe investment option. Without further ado let’s find out what thae Duckie Land project is.
What is Duckie Land?
According to the description on coin market cap, Duckie Land is a multiplatform multiplayer online game that runs on the blockchain, and each Duckie is a non-fungible token. This enables millions of people to participate in the NFT world and earn reward tokens through skillful gameplay and contribution to the ecosystem. The game Duckie Land gives gamers ownership of in-game assets and allows them to increase their value by actively playing the game.
Personal observation, Duckie Land sounds like Axie infinity to me. For those who are not familiar with Axie. Axie Infinity is a play to earn game that became very popular in Asia during the pandemic. It made loads of gamers serious money. Anyway, you can see that the token is on the watchlist of over 7,000 people. This could have been achieved through their airdrop event. Let’s head on to the website to further examine this crypto project.
Duckie Land’s Website
Duckie Land’s website is well-made and unique. It looks like a website that was build by a thorough professional. The design also depicts the gamey nature of the Duckie Land project. We learn that, in the game, a new Duckie is born every hour, and bidding lasts for 24 hours. Also, gamers can create a new generation of Duckies by breeding any two Duckies. Again, player Vs Player and Player Vs Environment battle mode is also enabled in the game. Furthermore, gamers can buy or rent land NFT, upgrade and customize the land to grow crops, mining, etc.
Read Also: Cat Coin Token Review.
Duckie Land token has a total supply of 100 million. This total supply tells you that the Duckie Land project is not a meme project. Although, the tokenomics is sort of hidden in the whitepaper. The way the token is distributed is overly pro-owner. Regular investors are given just 2% of the total supply of the token, on public sale. The rest of the tokenomics looks rather one-sided. We were not told whether the token adopt a tax system.
Dukie Land On Tokensniffer
On tokensniffer, Dukie Land’s contract is rated 25%, which is poor. According to the contract reviewing platform, Duckie Land is rated 25% because, the contract source code was not uploaded/verified on BscScan, the ownership of the token hasn’t been renounced. Because of the seemingly negative way the token was distributed, some addresses have an obscene percent of the total supply. Which will pose a red flag to some type of investors.
Dukie Land On Certik
Dukie Land has been audited by Certik. The audit came out satisfactory. Although, for some reason, the Skynet monitoring system has not been enabled on the project.
Developers Behind Duckie Land
The team behind the token is doxxed. You can see many of them are from Asia, just like Axie Infinity. The CEO of Duckie Land is Febrian Pottanobu, Gabriel Tsang is the CTO. Gracia Degawidjawa, etc. Frebrian calls himself an experienced promotion and digital analyst with a history of working in the automotive industry. Skilled in Digital Marketing, Brand Design, dan Videography.
In conclusion, there are loads of things to worry about this token. The idea of the token seems like a fork of Axie infinity. The total supply is heavily tilted in favor of the developers and their cronies. The token has a host of many other concerns. The positive thing is that the lead developer seems legit, although his background is not around gaming and crypto, he has many gaming and crypto people around him. The liquidity is locked in trust swap, we do not know how long for. This token might go on to do very well. But the concerns are there.