NEW PRESALE WITH POTENTIAL!🚨 (Scotty AI Presale Review)

Cilinix Crypto
3 Mar 202406:24

TLDRIn this video, the host reviews the Scotty AI pre-sale, a meme coin with potential due to its reasonable funding goal, significant staking interest, and growing social media traction. Despite the lack of a detailed team background and the common issues with meme coins, the host sees promise in Scotty AI's limited token availability and plans to invest a small amount. They emphasize that this is not a recommendation but a personal decision, and they will provide updates if any.

Takeaways

  • 🚀 The speaker is reviewing a new pre-sale called Scotty AI, which they believe has potential.
  • 🤖 Scotty AI is primarily a meme coin with a focus on AI-related products in the future.
  • 📈 The speaker has a history of covering pre-sales, many of which have performed well.
  • 🔍 The project's roadmap includes a token generation event and a Scotty swap, but lacks innovation.
  • 🔒 The team behind Scotty AI is not fully documented, which is a common issue with pre-sales.
  • 💹 A significant portion (40-50%) of the total tokens sold have already been staked, reducing post-launch selling pressure.
  • 💰 The project has raised a relatively modest amount ($1.6 million) compared to other pre-sales.
  • 📊 The community seems to be genuinely interested, with a strong social media presence.
  • 🔗 The speaker will leave a link in the description for those interested in purchasing Scotty AI tokens.
  • 📉 There is a risk of increased selling pressure after launch due to the potential for others to buy at a lower price.
  • 📝 The speaker plans to invest a small amount in Scotty AI, but not as much as their spot portfolio.

Q & A

  • What is the name of the pre-sale being discussed in the video?

    -The name of the pre-sale is Scotty AI.

  • What type of coin is Scotty AI?

    -Scotty AI is a meme coin.

  • What are the main features of Scotty AI's initial phases as mentioned in the video?

    -The main features of Scotty AI's initial phases include a pre-launch token generation event and the release of a Scotty swap.

  • How much has Scotty AI raised in their current round of funding?

    -Scotty AI has raised almost $1.6 million in their current round of funding.

  • What is the total number of tokens for the pre-sale mentioned in the video?

    -The total number of tokens for the pre-sale is around 520 million.

  • What percentage of the pre-sale tokens have already been staked?

    -Around 40 to 50% of the total tokens sold have already been staked.

  • What is the annual rate for staking Scotty AI tokens?

    -The annual rate for staking Scotty AI tokens is 93%.

  • What are the main concerns the speaker has about pre-sales like Scotty AI?

    -The main concerns are that the team is not documented, there is often an overemphasis on perceived value or utility, and the lack of real utility in many pre-sales.

  • What is the speaker's stance on buying Scotty AI tokens?

    -The speaker is willing to buy Scotty AI tokens, but not in large amounts compared to their spot portfolio, and they will leave a link for those interested in purchasing.

  • What is the potential advantage of buying Scotty AI tokens at a lower pre-sale price?

    -The advantage is that it allows buyers to purchase at a discount, but it also means that others can buy at a lower price, which could increase selling pressure after launch.

  • How does the speaker evaluate the potential of Scotty AI's pre-sale?

    -The speaker evaluates the potential based on factors like the amount raised, the community traction on social media, and the limited amount available for purchase, which contributes to hype and FOMO.

Outlines

00:00

🚀 Introduction to Scotty AI Pre-Sale

The speaker welcomes the audience to a new pre-sale review for Scotty AI, a meme coin. They mention being notified about it last week and decide to share their thoughts. The speaker emphasizes that while they cover many pre-sales, this one stands out due to its potential. They clarify that meme coins often lack real utility and rely on future product releases. The speaker also notes that they will participate in the pre-sale, but only to a small extent compared to their overall portfolio.

05:03

📈 Scotty AI's Features and Community

The speaker discusses the features of Scotty AI, including a pre-launch phase, a Scotty swap, and potential centralized exchange listings. They acknowledge that these features are not highly innovative but mention that the project is linked to AI and artificial intelligence. The speaker also highlights the community's enthusiasm and the limited availability of tokens, which they believe contributes to the project's potential. They mention the possibility of buying at a lower price before the official listing and the positive impact of staking options on the token's value.

Mindmap

Keywords

💡pre-sale

A pre-sale refers to the initial offering of a product or, in this case, cryptocurrency tokens before they are widely available on the market. In the video, the speaker is reviewing a new pre-sale for a cryptocurrency called Scotty AI, which is a meme coin. The pre-sale is a way for early investors to purchase tokens at a potentially lower price before the token is listed on exchanges.

💡meme coin

A meme coin is a type of cryptocurrency that often lacks a clear utility or purpose beyond being a digital asset. They are usually created as a joke or for fun and can sometimes gain popularity through social media and viral trends. In the context of the video, Scotty AI is described as a meme coin, suggesting that it may not have a substantial technological foundation or real-world application.

💡roadmap

A roadmap in the context of a cryptocurrency project is a strategic plan that outlines the development goals, milestones, and future plans of the project. It is used to communicate the project's vision to potential investors and users. In the video, the speaker refers to Scotty AI's roadmap, which includes the release of products and features, although they note that many pre-sales do not deliver on these promises.

💡token generation event (TGE)

A token generation event is a fundraising method used by blockchain projects where they create and sell their own tokens to investors. This is typically done through a pre-sale or initial coin offering (ICO). In the video, the TGE for Scotty AI is mentioned as the phase one of their pre-sale, indicating that this is when the tokens are initially being offered to investors.

💡Scotty swap

Scotty swap, as mentioned in the video, likely refers to a decentralized exchange mechanism that allows for the trading of the Scotty AI tokens. Decentralized exchanges are platforms that operate without a central authority, providing users with direct control over their assets.

💡stake

Staking in the cryptocurrency world refers to the process of holding tokens in a wallet to support the operations of a blockchain network, often in exchange for rewards. In the context of the video, the speaker mentions that Scotty AI tokens can be staked for a high annual rate of return, which is an incentive for investors to hold onto their tokens rather than sell them immediately.

💡fomo (Fear of Missing Out)

Fear of Missing Out (FOMO) is a psychological phenomenon where individuals feel anxious about missing out on a potentially rewarding experience or investment opportunity. In the cryptocurrency space, FOMO can drive demand and price increases for a new coin or token, especially during a pre-sale or initial launch.

💡hype

Hype refers to the intense excitement and anticipation surrounding a product, event, or in this case, a cryptocurrency pre-sale. It is often generated through marketing and social media, and can significantly influence investor behavior and the success of a launch.

💡community

In the context of cryptocurrency, a community refers to a group of individuals who share an interest in a particular project and actively participate in discussions, promotions, and support for that project. A strong community can be a positive indicator of a project's potential for growth and success.

💡selling pressure

Selling pressure in the cryptocurrency market refers to the downward pressure on the price of a token due to a large number of sellers wanting to sell their holdings. High selling pressure can lead to a decrease in the token's value. In the video, the speaker discusses how staking and a limited amount of tokens available for purchase can reduce selling pressure after the launch.

💡transparency

Transparency in the context of a cryptocurrency project means that the project's team, goals, and operations are open and clear to the public. It is an important factor for building trust with investors and users. The speaker in the video emphasizes the importance of transparency and mentions that the team behind Scotty AI is not documented, which is a concern.

Highlights

The speaker is reviewing a new pre-sale called Scotty AI.

Scotty AI is a meme coin with a potential for future utility.

The pre-sale has a roadmap with plans for product releases.

The speaker intends to participate in the Scotty AI pre-sale.

The pre-sale is in its first phase, with a token generation event expected to last one to two months.

Scotty AI has already released a contract audit product.

Phase two of the project includes launching a Scotty swap.

The project has some centralized exchange listings planned.

Scotty AI is linked to AI and artificial intelligence products.

The speaker will buy the pre-sale but not in large amounts compared to their spot portfolio.

The pre-sale can be purchased with Ethereum or USDT.

Tokens can be staked at a 93% yearly rate.

40-50% of the total tokens sold have already been staked.

The team behind Scotty AI is not documented.

Scotty AI has raised almost $1.6 million in their ninth round.

The project has gained traction on social media and is creating a community.

The limited amount available for purchase may increase selling pressure after launch.

The speaker believes there is potential for Scotty AI to perform well.

The pre-sale tokens can be bought at a discount before listing at around 1 cent.

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