Risk — read this one
Memecoins are speculative. Most of them lose nearly all of their value, often within hours. Never put in money you need.
- The price can go to zero. A coin is worth what someone will pay for it, and that can be nothing.
- Locked liquidity protects you from a withdrawal, not from a fall. Nobody can pull the pool — including us — but the price can still collapse as people sell.
- Large buys move the price against you. A coin starts with a small pool, so a big purchase pays much more per coin than a small one.
- Blockchain transactions are final. There is no cancel, no chargeback and no support desk that can reverse them.
- Anyone can create any coin here. A name, a picture or a story can imitate a person or a brand. The coin is not endorsed by them, and not by us.
- The contracts have not been audited by a third party. They are tested and they are open, but no independent firm has reviewed them yet. A bug in them could cost you money. Until that audit is published here, treat every amount you send as money you can afford to lose.
- We give no investment advice. Nothing on this site is a recommendation to buy or sell anything.
Terms of use
Obverse is a tool. It writes a smart contract to Robinhood Chain on your instruction and shows what is already public on that chain.
- We never hold your money or your keys. Every transaction is signed in your own wallet. We cannot move your coins and cannot sign for you.
- Coins here are created by their users, not by us. We do not review, endorse or vouch for any of them.
- Fees. Creating a coin is free — you pay only the network fee. Every trade in a coin's pool pays 1%, which goes to the platform. Fees can change; the current numbers are always the ones shown on the site.
- What you may not do. Impersonate a real person, company or government; use names, logos or branding you have no right to; promote illegal activity; or upload illegal content.
- What we may do. Hide any coin from this website — for example an obvious scam or stolen branding. That hides it here only: the contract stays on the blockchain and we cannot delete it.
- No warranty. The site is provided as is. Software has bugs, networks stall, and third-party services fail. To the extent the law allows, we are not liable for losses from using this site.
- Your taxes are yours. Whatever you owe where you live is your responsibility.
To be completed before launch: the company name and country of registration, the governing law, and the list of countries we do not serve.
Privacy
- No accounts. There is nothing to sign up for. We ask for no name, no email and no documents.
- What is public forever. Your wallet address, the coins you create and every trade you make are recorded on a public blockchain by design. We do not put them there — the network does — and nobody can erase them.
- Images and descriptions. What you upload is pinned to IPFS, a public distributed storage. It is public and permanent: it cannot be taken back.
- No advertising trackers. We run no analytics that follow you around the web.
- Server logs. Our hosting provider keeps short-lived technical logs, which can include your IP address, to keep the site running and to stop abuse.
Questions: x.com/obversepad