Скачать или смотреть The Unbearable Lightness of Tokens

What you’ll learn:

Why most new ERC-20 tokens are structurally unsafe, illiquid, or designed to trap buyers
How modern token scams hide malicious behavior inside “dormant” or owner-controlled contract logic
Which concrete pre-trade checks can help distinguish functional tokens from high-risk or malicious ones

This AI-generated deep dive explores the explosive growth of ERC-20 tokens on Ethereum in 2025—and the hidden systemic risks created by ultra-low-cost, AI-assisted token deployment.

As token creation becomes faster and cheaper through AI tools and point-and-click generators, fraud has evolved at industrial scale. Using large-scale on-chain data and security research from a leading blockchain security firm, the video examines how modern token scams operate: dormant “time-bomb” functions, owner-controlled supply manipulation, modifiable taxes, blacklists, and transfer restrictions designed to trap buyers after purchase.

The analysis highlights sobering market realities. The vast majority of newly launched tokens are illiquid, untradeable, or intentionally malicious. Median liquidity across thousands of pools is measured in cents, and only a small fraction of tokens allow both successful buys and sells—revealing a market dominated by illusion rather than functionality.

The video also explains why traditional source-code checks are no longer sufficient, how bytecode-level decompilation and transaction simulation expose hidden behavior, and which pre-trade checks are now essential for anyone interacting with new tokens.