DollarBack - Dedicated to Help Crypto Scam Victims

DollarBack - Dedicated to Help Crypto Scam Victims

Overview

Cryptocurrency is a type of digital currency that generally exists only electronically. You usually use your phone, computer, or a cryptocurrency ATM to buy cryptocurrency. Bitcoin and Ether are well-known cryptocurrencies, but there are many different cryptocurrencies, and new ones keep being created. People use cryptocurrency for many reasons — quick payments, to avoid transaction fees that traditional banks charge, or because it offers some anonymity. But as with any financial vehicle, particularly one that is highly volatile and has garnered incredible public interest, there are opportunities for bad actors to fraud investors. Cryptocurrency fraud has become a dominant topic of discussion for government enforcement attorneys, with numerous?prominent conference panels?and?agency bulletins?addressing its various forms, the hype versus the reality, the many ways it can facilitate fraud, and efforts to rein in its abuse.

As crypto scams and fraud become more common despite the variety of security majors taken by users they fall victim to scam tokens sent to their address randomly by scammers. When users interact with those contracts they lose their funds. Hence why DollarBack is here.

What is DollarBack?

DollarBack is an approach to creating a wide-scale of active community that will help each other to recover their funds from scams through the DollarBack giveaway program. Victims help other victims. Rewards are regularly distributed among holders, whereby you can increase the number of tokens in your wallet and make a profit.

Goal of DollarBack

The goal is to create an active community that increases automatically by recruiting new members on common social media platforms. The community is the most important pillar as we can push the project only together. Every single member of the community can support the project with their commitment and thereby fill the pot for giveaways.

How does it Work?

  • Qualify for Givaway- Everyone who lost their money to a scammer can regain their investment through a giveaway. To qualify for giveaways, you have to buy and stake $BACK tokens first.
  • Verification - Verification has to be provided via the giveaway form on the website as well as by sending the scam token onto a wallet that is set up specifically for your scam
  • Authenticity - Team will check the authenticity of your information and then admit you to the giveaway.
  • Tier System - To permanently create a high volume and generate enough income for the giveaway, a tier system with staking will be set up.
  • Only someone who really lost money to a scam gets the chance to win it back
  • Rewards are regularly distributed among holders, whereby you can increase the number of tokens in your wallet and make a profit

$BACK Token

$BACK is the backbone of the DollarBack ecosystem. BACK is created on Binance Smart Chain and successfully audited by CyberScope. Buying a $BACK token is the entry point in the DollarBack ecosystem to become eligible for the giveaways to gain back your lost funds in scams.

Tokonomics

  • Token Name: DollarBack
  • Token Symbol: $BACK
  • Token Type: Utility
  • Total Supply: 300 Billion
  • Network: BEP-20

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To keep this project sustainable and to provide the finance for the project they have implemented Buy Sell Tax as follows

Buy Tax (11%)

  • 2% Marketing Fees- for paying for advertising banners, logos, and events
  • 2% Developer Fees - For creating and maintaining necessary tools.
  • 3% Charity Fees - Used 100% for paying out lottery winners
  • 2% Holders Reward - Non Staked tokens get rewards
  • 2% Auto Liquidity - Automatically used for locked liquidity

Sell Tax (11%)

  • 2% Marketing Fees- for paying for advertising banners, logos, and events
  • 3% Developer Fees - For creating and maintaining necessary tools.
  • 2% Charity Fees - Used 100% for paying out lottery winners
  • 2% Holders Reward - Non Staked tokens get rewards
  • 2% Auto Liquidity - Automatically used for locked liquidity

Roadmap

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Conclusion

DollarBack Team is dedicated to help scam victims. Want to give people the opportunity to regain their lost investment, motivate them to help with that, and thereby make the cryptospace cleaner and safer.?Take your chance to become part of something great with $BACK token.

Read More Here

Website: https://dollarback.io/

Twitter: https://twitter.com/dollarback_1

Telegram: https://t.me/dollarback

Facebook: https://www.facebook.com/Dollarback.io

Reddit: https://www.reddit.com/r/DollarBack_official/

Proof of Author

Forum Username: Bitrock1

Forum Profile Link:?https://bitcointalk.org/index.php?action=profile;u=3453326

Telegram: @Superindian47

BEP-20 Wallet 0x5265C96Beb000Ff31E3EB514D87AE3c9fDF67B8A

Shuvenkar Saha

#Airdrop & #Bounty Hunter at Cryptocurrency.

2 年

Good work

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