#VELAAI

Thank you for raising valid questions about the Vela AI Token project (VELAAI). Below is a detailed analysis based on the three aspects you requested:

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1. Analyze the developer wallet and transaction history

Smart contract address: 0x053708a5BC7f1627Ddc87e780eE381cf1e31f765 on BNB Chain.

Number of holders: There is only 1 holder.

Transaction tax: 0% when buying and 100% when selling, meaning users cannot sell tokens after purchase.

Liquidity: There is only $0.01 in the VELAAI/USDT liquidity pool, indicating no actual trading capability.

Observation: The fact that there is only one holder and the unusual transaction tax structure is a clear sign of a malicious smart contract, often used in "rug pull" scams.

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2. Compare contract codes with common scam tokens

100% tax structure when selling: This is a common tactic in scam projects, where users are lured to buy tokens but cannot sell them, resulting in the loss of the entire investment.

Lack of transparency: There is no information about the development team, smart contract audit, or any reputable partners disclosed.

Observation: The above characteristics are consistent with the patterns of many previous scam projects, where the developers have complete control and withdraw investors' funds without leaving any traces.

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3. Signs of "rebranding" from previous scam tokens

Confusing name: The project uses the name "Vela AI", which can easily be confused with Vela Exchange – a reputable project operating on Arbitrum.

No official connection: There is no evidence that Vela AI Token is associated with Vela Exchange or any other reputable project.

Observation: Using a similar name to a famous project without an official link is a common tactic of fraudulent projects aimed at exploiting reputation to attract investors.

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Conclusion

Based on the analyses above, Vela AI Token (VELAAI) shows many clear signs of a scam project:

Unusual smart contract structure with a 100% sales tax.

There is only one holder and liquidity is almost nonexistent.

Lack of transparency about the development team and no connection to reputable projects.

Using a name that can be easily confused with another famous project.

Recommendation: Stay away from this project and do not invest or interact with any smart contracts related to VELAAI.

If you need further assistance on how to verify the legitimacy of other cryptocurrency projects or want to learn more about smart contract analysis tools, let me know!