r/CryptoHelp • u/Nearly-God • 16h ago
❓Question a pre-launch launchpad says the charity split is locked into the token at creation. what would you check before touching it?
not asking whether to buy anything, there is nothing to buy yet. asking what the checklist should be.
the thing: a solana launchpad called pumpchange, not live. when you create a token you pick a cause and lock a percentage of your creator fees to it, with no function to change it after. the donation is meant to be a property of the token instead of a promise about it.
worth being precise about the number, this is where these things get slippery. the fee splits in half between platform and creator, and the 10 to 100% applies to the creator's half only. locking 50% sends the charity a bit over 0.3% of each trade, not 50%.
what i can't evaluate:
- nothing has traded, so there is no on-chain history and every claim is about future behaviour. the site is a holding page with a waitlist form and no launch date
- the team isn't public as far as i can find, odd for something pitched as "you don't have to trust the creator"
- no answer on what happens if the chosen org shuts down or stops taking crypto
- it doesn't touch supply. someone with a big allocation can still take a token to zero while the split pays out on the way down
so the question is procedural. where the claim is "enforced, not promised", is there anything you can verify before the enforcement has run once? the only test i've got is waiting for the first token and checking the fee account's outgoing transfers against the advertised split in solscan. anything faster than that?