$3 000 USD

MAY 2024

GLOBAL

NOVAMIND

DESCRIPTION OF EVENTS

"AI On-Chain Oracle Network"

 

"The first AI machine learning powered crypto and fin technology."

 

"Nova is used by hundreds of users like you can fire up the nmd port which is already live and this is the telegram by the way while you can simply go to their dashboard to see what the pools are doing or if there are any bus in the town or not right now."

 

"Cutting-edge aggregration, reporting, and analytics of thousands of on & off-chain data points."

 

"Proprietary AI + machine learning model driven collection + delivery tool"

 

"Scrape thousands of on- & off-chain raw data sources for user consumption"

 

"Predictive modelling leverages bespoke models to predict trends and movements based on historical and real-time inputs."

 

"4-Oracle Network comprosing of: Sentiment & Research reporting, Predictive analytics, & automation"

 

"All on-chain for data immutability and validation"

 

"They have cutting edge organization reporting and analytics of thousands of on and offchain data points like as you can see they have huge features like Oracle network comprising of sentiment and research reporting like parp analytics and automation. Also, they have all all chain for data imitability and validation."

 

Second Sale: 0x96C5BA6BB2bF4679ddbdDAf23f61B71e4AC3c915 Interacted With (To): 0x3fC91A3afd70395Cd496C647d5a6CC9D4B2b7FAD (Uniswap: Universal Router)

 

Transfer 1.150988047734256916 ETH From Wrapped Ether To Uniswap: Universal Router

 

Transfer 1.150988047734256916 ETH From Uniswap: Universal Router To 0x96C5BA6B...e4AC3c915

 

1.150988047734256916 ETH

 

~41 ETH (~$123k) was transferred to a multisig and the token price has dropped ~97%."

 

Team of this token has sold at least 24.683 ETH."

 

"NOVAMIND_ (NMD) on ETH is suspected of a rug pull. ~41 ETH (~$123k) was transferred to a multisig and the token price has dropped ~97%."

 

"Be aware of this token! Team of this token has sold at least 24.683 ETH."

A well-established project with a website dating back to 2021, Novamind promised cutting edge artificial intelligence which would solve a myriad of use cases and was already widely deployed. Their claims were impressive, including mentions of satellite networks. The Novamind token could be purchased through Uniswap during their April 2024 launch. After purchasers were rewarded with the team selling 30,000,000 NMD tokens to drain all liquidity from the uniswap smart contract, there appeared to still be some liquidity building up in the smart contract. The team minting 15,037,478 more NMD to drain the smart contract for a second time, although they only netted an additional $3k.

Sources And Further Reading

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