🟡 My Friend Made a Token—Should I Trust It?
Your buddy just sent you a link: “Hey! I made my own token on Solana! Wanna buy some?” 🧐
It sounds cool… but is it safe?
🧪 Is It a Real Token?
First, make sure the token was made on a legit platform like Solana Token Creator or pump.fun.
Then check:
- Does it show up on Solana Explorer?
- Does it have a valid supply and symbol?
- Was it recently created?
🔐 Has It Been Locked?
The safest tokens:
- Have revoke mint authority (so no one can create more)
- Have freeze authority to stop suspicious activity
- Use IPFS or Arweave for permanent metadata
If your friend used Solana Token Creator, these options are just one click away ✅
🧠 What’s the Purpose?
Is the token for fun, a game, a private group, or something bigger?
Understanding the reason behind the token helps you decide if it’s worth joining.
⚠️ Red Flags
- Unlimited minting rights
- No explanation of what the token is
- Random links asking for wallet connection
Always double-check before spending any SOL 💸
🎯 Final Thought
It’s awesome that your friend made a token.
But like anything in crypto, DYOR—Do Your Own Research.
Ask questions. Look at the details. Then decide if you’re in 👀