The team of moderators, or marketing team was revealed as having improperly misappropriated bounty funds in the sums of 20,000 USDT, 1000 usdt and 2000 usdt, and this is after having already cancelled a 100,000 usdt bounty. How scandalous is scandalous.... thats $123,000 of unpaid rewards.
How bad is it? The 40 wallets alleged to have held the 3 necessarys NFT's to claim the reward never held the necessary OATs (onchain achievement tokens). The team wrongly deceived the community, enriched themselves. We've seen Galxe pull services from Zebec in response to this. Other service providers are revoking access, and to be honest there's a high probability that this may even cost them their access to the visa credit card program.
It looks really bad when 3000 people qualified to share the reward, but some how only 40 ineligible wallets were posted as being eligible by the team. Its gotten messy to the point where now the founder is being asked to address the issue his moderators and marketing team have caused. Where things went so horribly wrong, none of us know these particulars. However, it's clear the project could trend much lower than 0.0006 if delisted from the few exchanges they're on.
Is this why it's been impossible to sell a node.... absolutely
Hopefully the founder addresses the issue, as this could easily become a leading issue in crypto if users start asking for the token to be delisted. This isn't fud, this is accurate account based on the excel spreadsheets organized by the community. As someone who staked for their node, i'm concerned about the project. I sincerely hope come november that i'm able to unlock my vested tokens. I hope the founder corrects the many issues raised by the community.
I anticipate more departures, and terminations to ensue as things roil
How bad is it? The 40 wallets alleged to have held the 3 necessarys NFT's to claim the reward never held the necessary OATs (onchain achievement tokens). The team wrongly deceived the community, enriched themselves. We've seen Galxe pull services from Zebec in response to this. Other service providers are revoking access, and to be honest there's a high probability that this may even cost them their access to the visa credit card program.
It looks really bad when 3000 people qualified to share the reward, but some how only 40 ineligible wallets were posted as being eligible by the team. Its gotten messy to the point where now the founder is being asked to address the issue his moderators and marketing team have caused. Where things went so horribly wrong, none of us know these particulars. However, it's clear the project could trend much lower than 0.0006 if delisted from the few exchanges they're on.
Is this why it's been impossible to sell a node.... absolutely
Hopefully the founder addresses the issue, as this could easily become a leading issue in crypto if users start asking for the token to be delisted. This isn't fud, this is accurate account based on the excel spreadsheets organized by the community. As someone who staked for their node, i'm concerned about the project. I sincerely hope come november that i'm able to unlock my vested tokens. I hope the founder corrects the many issues raised by the community.
I anticipate more departures, and terminations to ensue as things roil
Everyday above ground is a blessing we often take for granted... remember to go outside and touch grass.
- God Bless
- God Bless