PinkSale is a good idea, gone bad. I used to dabble into PinkSale launches on Binance a couple years ago after witnessing the gains of users who bought the Safemoon presale on DxSale (the launchpad platform PinkSale forked).
While PinkSale does do some things well, like simplifying the process of raising funds for new founders & providing proper liquidity for a token automatically, behind the scenes, there is a lot of shadiness going on.
PinkSale's KYC/AML system can be easily exploited, as their verification process is done privately & manually. There are also services where people can easily hire someone to pose as the founder/dev of their project. Their ranking process for hot/trending launches also appears to be highly manipulated & not based on real interest.
But the worst part of PinkSale is the PinkLock token locker, similar to OnlyMoons, which allows founders to lock their liquidity pool tokens up for a certain amount of time, ensuring there won't be a rug pull. But LP tokens "locked up" in the PinkLock token locker are able to be removed at any time if the admin just changes the date of the unlock.
Additionally, 99% of projects on the platform are rugs, I'd stay away. Show Less
