I had just put in a total of 0.5632 BNB but we only need to put in 0.5 BNB to get into a private sale for its new project called Piston Token.
It was really an unexpected event that it started to get hacked with someone kept resetting the withdrawal amount of members by sending 0 bnb to different members. It was supposed to be an airdrop function to support one another.
In the end, the team decided to start a version 2 and those in version 1 will get back 80% of their investment.
It was shared that the 20% would be compensated gradually when the current members transfer their fund to version 2.
We can never know how things can work out for high risk investment so it is good to invest in what we can afford to lose.
Let me share what I know about the two projects that are under the same team of developers.
Both projects are considered high-risk investment so we should only invest with the spare cash that we can afford to lose.
My Diamond Team Platform runs on the Binance Smart Chain that pays out 1.5% daily return on our investment.
With a rough calculation, 100% divided by 1.5% = 66.7 days. It takes about 2 months to get back our initial investment.
The developers of The Diamond Team is going to launched a new initial called The Piston Token with a Private Sale on 28th February for its members on My Diamond Team who had invested 0.5 BNB on its platform.
Based on what I had read, a Private Sale button will appear on its dapp for its member on 28th February to allow its member to purchase this token first.
Piston Token works like drip that allows holders who deposit the tokens into its ROI Dashboard App to earn 1% daily with reinvest to maximise your APY.
One thing to note is it allows withdrawal of initial investment if we want to exit the program which is different from The Diamond Team system.
Many youtubers had shared that this sort of drip alike program may have its price increased when the token is officially launched and getting the tokens earlier would give us an advantage.
The fact is it really depends on the investors’ sentiment and trust in this new program.
Many crypto high-risk takers may just take the chance to see whether they can turn their few hundred to thousands of dollars or risk losing all.
Most of them believe in getting in early to avoid missing a possible gold mine.
Those who wants to take a chance in this, please invest with what you can afford to lose. It is really a gamble that we cannot predict the future outcome.
Hope that you have enjoyed reading this article.
Disclaimer: This is my personal reflection and I am not in any position to instruct anyone what they should do. I am not responsible for any action taken as a result of this post. My post can only be a reference for your further research and growth.
