Clover Seeds (SEED$)

Summary

Website navigation could use an uplift. It took a few clicks to find out what info I was searching for. Bad UI/UX. Just recently registered meaning it might be a rushed project. While their medium is of good quality, their GitBook was a mess. Not much information was shared, nor were they presented in a clear, concise manner. A contract audit was made by Dessert Finance and they saw a bunch of functions that could potentially be used in bad faith. While it is not a honey pot, it is making me nervous. Their liquidity was locked for a long time and with a relatively large percentage of it. Wallet analysis is also outstanding. There’s not much ‘whales’ yet per se but due to the volatility of having so low liquidity in this very early project, price impact will still be high. 

No use case aside from wealth distribution. They don’t have a utility or a plan of making money. It’s all just a Ponzi. Check the section below regarding money flow. Quality is of average, they tried innovating, a person can theoretically ‘loss’ something when buying a node (not getting their equivalent daily ROI, which gives everyone else more to share with). Competition is a lot and the model itself is pretty unsustainable. But still, at the time of writing this review, it’s very early at 96,000 liquidity. I could maybe see a peak of around 5x to 10x realistically. ROI is pretty fast, no qualms there.

I suspect botted accounts on their Telegram and Twitter. They have a ton of members in Telegram but less than 500 holders? Something is not holding up. Their Twitter account also suggested a high number of low-quality accounts, likely botted also.