Suiswap is valued at $10 billion, with FDV of $200M. They copy pasted everything from aptos and didn’t even change the name. Crypto valuations are braindead sometimes
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Suiswap with $200M FDV and a valuation of $10 Billion seems to have been copying homework of other players in the game. The metadata for the SuiSwap site is a picture of AptosSwap. The devs literally could not be bothered to change the metadata for this low effort copy and paste.
This seems like a job done terribly wrong by the devs at SUI. Ideally they should’ve hired better devs but even then, what they did by copying another dexs website makes you question if they’re even serious about what they’re doing or just a quick cash grab. There are little things like these in a project that make you question their legitimacy.
SUI’s $200M flagship dex copy pasted so hard from aptos that they didn’t even remember to change the name in their website’s preview from Aptoswap. But surely at a $10 Billion valuation, SUI isn’t just more vaporware to give VCs a fat payday, right? …right?
Source: https://twitter.com/DefiSquared/status/1663547878684635145?t=l-BBYh-kKN75uNcFUTcrdA&s=19
https://twitter.com/thiccythot_/status/1663462977410854912?s=20
submitted by /u/torpidtrotter
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