Financial exploits on the blockchain
A FINANCIAL
EXPERIMENT
(DO NOT BUY)

BrokeCoin, Reserved Parking, and PoorCoin where minted to demonstrate exploits of the pricing system on crypto exchanges.

Exploits are possible when assets are available for trade or purchase but do not come with a clear means of value evaluation.

BrokeCoin is designed to demonstrate with a small amount of capital (less than $3000), a meme coin may be created that boasts any desired market cap, market liquidity or market volume, while only having limited true value (less than $3000).

This poses a problem for traders or investors who purchase a meme coin because the displayed financial data about a meme coin may not actually represent any information related to the value of the asset.
CALL TO ACTION
We demonstrate a pricing exploit made possible because exchanges do not factor liquidity into their pricing model

When liquidity is factored into the pricing model we see two immediate consequences

1. Diminishing returns: An asset reduces in value when a large quantity is held relative to the available liquidity

2. Valuable Volume: Although most platforms treat all volume and liquidity on equal footing, volume and liquidity between meme coins may not have any value in determining price.

It is difficult to price an asset with no intrinsic value, however we propose to define and popularize a new pricing paradigm to remove these exploits.

Liquid Value:

The current value immediately extractable
CONTACT
Join our discord community:

https://discord.gg/afP8WMbc Personal Investment into the BrokeCoin demonstration:

$500

Current Liquid value of BrokeCoin, BrokenCoin and PoorCoin:

$60

Desired reported daily liquidity:

$150M

Current reported market cap:

$11B

To suggest a liquidity or market cap, join our discord!

All accounts containing "broke" (not case sensitive) in their address were created for the specific purpose of creating liquidity and volume for BrokeCoin

Support for this project is appreciated, the official Solana address of BrokeCoin is:

BrokeWhq9YXnNGm9ZkGzjrPjoNqV85ZzDiduCmpK25r8
FUTURE PROSPECTS
Blockchain is a truly transformative technology, but it is plagued with scams and exploits.

We envision a future in which blockchain infrastructure is designed to preclude the possibility of exploits and scams.

This infrastructure will be powered by freely available and intuitive tools for asset evaluation and transaction execution.

We welcome feedback and Collaboration. Join our discord:

https://discord.gg/afP8WMbc