The new DEFI platform enters the market! Earn passively - token sale 0.25 $ I'm going in!

Floyd Token - a coin fighting against racism or another SCAM?

3 min reading

George Floyd, who died at the hands of American policemen, has touched whole world. On the streets of many countries there are protests against the abuse of power by uniformed services. Some time ago someone also emitted a coin encouraging to fight injustice called Floyd Token (FLYD).

george floyd painting
  • FLYD is a token issued by anonymous people, although they claim that its purpose will be to support the Black Lives Matter movement, it is not known what their intentions really are
  • Currently, this project does not even have a white paper, but the creators announce that it will appear soon
  • According to Etherscan data, Floyd Token already has 358 addresses

Floyd Token - an amateur project?

Coin broadcast in honor of Georg Floyd was broadcast on the popular blockchain - Ethereum in the ERC-20 standard. His originators did not reveal their identity. The project calls for help to protesters and activists fighting racism and the abuse of power by the police. Anonymous creators also ensure that thanks to the coin they created, Floyd's name will live forever.

If you would like to take a look at Floyd Token's white paper - you don't have one yet. So let's think about whether this is not another trap of cheaters preying on such similar events. The project website also looks poor when it comes to information. It doesn't even have a privacy policy!

Perhaps the authors of this idea count on the fact that some will simply succumb to emotions. Of course, they ensure that the acquired funds will be transferred to the family of the late Floyd, as well as to the movement called Black Lives Matter - all this seems doubtful.

According to Etherscan, at the time of writing this article, there are 363 addresses that store the FLYD token. Its total supply is 612 million coins.

floyd token projectsource:

The tragic death of Georg Floyd

This man was murdered on May 25 this year. by an American policeman. While the torturer deliberately strangled his victim with his knee, two other officers were passively watching the whole situation, and one more was preventing observers from intervening.

Despite the obstacles, witnesses of the event managed to record the moment when a white policeman knees the black man's head to the ground, who in turn repeats that he cannot breathe and asks for help. A few minutes later he is dead.

Floyd's autopsies showed that the cause of his death was murder. The man died of cardiac arrest due to severe neck pressure. It should be added that he suffered from atherosclerotic and hypertensive heart disease. An autopsy showed that as a result of limited blood supply to the brain and breathing problems, he was simply strangled by a police officer.

Currency Exchange rate Buy cryptocurrency

Buy crypto now

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Lushup Holdings FZ LEE. Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Lushup Holdings FZ LEE, Fujairah - Creative Tower, P.O.Box 4422 Fujairah, United Arabs Emirates.

The full document to read the Tokeneo privacy policy is available in this document.

Advanced settings can be changed in your browser.