This website is powered by RAIDER TOKEN. For more information about the community-owned project, read the White Paper.The Philosophy of Raider Token
Wouldn’t it be great if there was a cryptocurrency that was created by the people (holders) for the people (holders) for the sole purpose of keeping investor’s money secure? That was the question that we asked ourselves when creating Raider Token.
How do we protect investors from the developers?
The idea that we came up with is three-fold:
- The LP has to be locked for as long as possible.
- The contract must be abandoned and untouchable to prevent developer access.
- All earnings and fees are to be equally shared amongst all investors.
Raider Token is a scam-proof token. Raider Token is a community token, safe from outside abuse, built by the people for the people, and completely independent from the whims of all developers, leaders and influencers.
What is $RAID?
Raider Token is a devless project that lives on the Binance Smart Chain. There is no leader, leadership, or outside force in authority here.
The Raider Token LP has been locked. The contract owner is the BNB dead wallet. Therefore, no human being or entity can access the contract. The LP itself has been locked for 97 more years. Even if somebody found a way to hack into the BNB dead wallet, they wouöd not be able to do anything with the LP until next century.
There are several ways to describe $RAID:
- a community project
- devless
- ownerless
Origin
Raider Token started as a protest, of sorts. The early community members were all involved in other meme projects as holders. Each of these meme projects turned out to be scam projects. Consequently, we all lost considerable amounts of money trusting other people. Therefore, we decided to make a scam-proof token.
On the day of its minting, the Raider Token community members burned 82% of all available tokens, locked the LP, and the contract ownership was transferred to the Binance Dead wallet. As far as we know, no other cryptocurrency project founders, locked themselves out of the project on the day of the token’s creation.
Reflections
The reflection system is where things get interesting.
To explain the concept, let’s look at other projects. In the case of bitcoin, DOGE or Ethereum, there is a miner fee (sometimes called gas) that is charged for each transaction. Those fees are paid to the miners. None of those fees benefit the holders of the project. Large industrial firms, with literally thousands of processors, are cashing in on all transactions no matter what the size. Holders of those coins will justify those transactions. However, whether gas is right or wrong is not the question here. The question is, when somebody sells their coins, do the other holders of bitcoin benefit by getting more bitcoin. The answer is simply no.
Raider Token has a 1% transaction tax. Every transaction, regardless of whether is a buy, sell or trade, has a 1% fee associated with it. No matter who sells or buys or transfers token between wallets, a tiny fee (much cheaper than gas fees) is charged. If a person sells 100 $RAID, 1% of that transaction is shared with all other holders.
Small Investors
If you hold Raider Token and do nothing else with it, when you come back next year and look into your wallet, you will have more Raider Token than you had before. This is why Raider Token is good for small investors. You don’t need to put a lot of your money into the project to get more $RAID. If you have some, it will grow with each and every transaction, forever.
Leadership
The leadership question is where things get promising. We have no owner and we want none. If a cryptocurrency fails, it is always the owner that casues it to do so. We have no leader and we want none. Leaders don’t care about projects. Leaders care about how much profit they can squeeze out of a project. We have no developer and fuck those guys anyhow. We don’t need no stinking devs.
We’re Raider Token and we’re devfree. Like DOGE, but better.
If you want to know who the leader is, and you own some Raider Token, you can answer the question. You’re the leader.
Not everyone has the same vision. Not everyone believes in the devfree concept. Throughout Raider Token’s history, there have been numerous individuals that have tried to take control. But how? How do you take control of a project that has no mechanism of control built into it? The question of control is a simple one.
Who is the true leader of Raider Token? Who is the true community? Who speaks for $RAID?
The beauty of RAID is that every single holder is the CEO. Every single holder is the leader. Every single holder is the community. We’re all RAID now.
Raider Token White Paper
Raider Token is now in its third year of existence. The “Year Three” Raider Token White Paper is the current plan from how we get from the absolute bottom of the cryptocurrency word to the top.
Definitions
- Raider Token: the name of the project.
- Raid: the name of the token. Sometimes called: $Raid
- devless: no developer
By using RaiderToken.com, you agree to our full disclaimer, which includes important information on financial advice, risks, and regulatory considerations.
The core idea behind Raider Token was to create a project that is safe from developer abuse. The project was created and locked. It is the safest project on the BSC. No developer or programmer or owner has an advantage over anybody else.