Let's talk about the presale of borrowing three coins. If the project party participates in 90% of the presale, then their own money preselling to themselves is essentially at zero cost. The remaining 10% of the presale revenue is pure profit.
Once the tokens go live, 90% of the tokens are dumped back into the pool.
This is a classic low-end scam; at that time, NFT projects liked to do this. Because there are already very few people trading coins who are that foolish. This trick definitely needs to find a place where fools gather.
Things like U cards, credit cards, SBTs, etc., might still have space for fraud.