MegaETH had a chance to reward their users and keep them loyal to the network, but they chose to spit in their faces instead.
Who would ever go back after that?
All the NFTs have depreciated, all the projects are dead, and all the users are left at a loss…
Another day, another SCAM from Web3 game developers this time it’s @The_Beacon_GG
Before the mint of their collection, which had 18% of tokens allocated to it, people asked whether there would be a vesting period. The team said no, and that mattered because the mint cost $400. Far fewer people would have minted if they had known about a vesting schedule.
So the collection, with a supply of 10k, minted out instantly, and the developers made $4 million from it. Now they’re announcing a 1.5 year vesting period, leaving the people who supported them in massive losses by that time, the token will be worth 0.
🧵It’s interesting to watch Twitter influencers who promote @The_Beacon_GG for money.
If you see any, feel free to unfollow them.
I’ll explain why in the thread below👇
LATEST: 🐳 A Hyperliquid whale is sitting on a $25 million unrealized loss on a $103 million HYPE short, but continues adding to the position rather than closing it even as it hit a new ATH.
Season 1 of @The_Beacon_GG goes live May 25 alongside $BCN!
Use my code and get a 50 Gobloonz + 1 Umbra Chest head start on everyone else 👇🏼
https://t.co/NMIT86kMoL
It’s funny watching the entire CT scream about how great the project @fableborne was while $POWER was going up, but as soon as it dropped, everyone’s yelling that it’s a scam.
Although if they had just looked into it a little bit from the start, they would have realized it was going to drop soon and that there was no scam involved
The competence of these people is zero!