๐ถ Shameful Mismanagement: @MANTRA_Chain $OM Token Revised Plan Failed Its Community Trust & Interest
- Earlier, $OM token vesting was announced to begin on 28 Nov 2024. But on the promised day, no updates were provided. After several days, the team finally shared a vague statement, leaving the community confused saying delay in vesting schedule & reset of tokenomics as it will be decided through voting.
- Now, they've shared a new proposal & plan of Tokenomics & Vesting.
๐ Key points from their new proposal:
1๏ธโฃ They admitted new vesting will start from Sep, 2025 to Mar, 2027 (2 years for a minimal airdrop ๐ถ).
2๏ธโฃ They promised no one will lose their $OM allocations, but now 2nd anti-sybil round to disqualify more wallets.
3๏ธโฃ Distribution was initially planned within a month, but now there's a 6-month cliff after TGE + only 0.3% unlock per day.
โผ๏ธ #SCAM: Mantraโs team knows that any unfair proposal they bring will 100% get passed because they hold the majority of staked tokens and can vote unanimously in their favor. Our vote doesn't even matter @jp_mullin888 .
โ ๏ธ Hereโs where the issue arises:
- Users have been waiting for weeks for updates, and this lack of communication is disappointing.
- Who voted? The team? The whole community seems against you now, this makes it clear they were not given any voting rights & the team is making decisions showing fake voting.
- Users were forced to bridge $OM, spending at least $20 for this airdrop, which is now a total waste.
- The team capitalized on the communityโs trust, using the hype they generated for selfish gains.
- The constant delays and changes in plans show a complete lack of professionalism and transparency.
The project is getting more centralized, which is against the core idea of decentralization that crypto projects should have.
After all the hype you gained from the community through Airdrop, @jp_mullin888, how can you do such a shameful thing?
And whatโs this excuseโ"my decision, my responsibility"? What a disgraceful statement!
Always remember: the community is the key, and a project belongs to the community.
๐ก What we (community) need:
- 30% Unlock on TGE.
- The vesting plan should be revised.
- Give the community a right to vote, they are the heart of your project.
- Regular updates to the community.
- A guarantee of no more false promises.
Lastly, if the project doesn't respect the community, then they will dump the project too & eventually the project will be dead forever.
Kindly keep the community updated properly with transparency, they deserves the best.
#MantraUnfair #OM $OM
๐ถ @VenomFoundation Yes, We Waited For 1 Year Just to Mint Mainnet $VENOM Nft #Venom
๐ Guys,They Failed To Give Reward & Said Community Is Everything - Lmao
๐ธ They Build Community By Using Us (0 To 1M)
๐ธ They Promise To Give Reward To Testers But At The End They F*cked Up
๐ธ For 1 Year Work = 0 Token & For $OKX Campaign= 30 Token, This seems like a joke only ..
๐ The 1st Worst L1 Project That I Have Seen Till Now - No Reward For Community At Tge (If They Don't want to Give reward then Why they promised?)
And In Tokenomics They Clearly Said 10% Unlock For Community At Tge But, They F*cked Up - Where Is 10% Goes ๐ค
Are you really Playing With Community? @louis_tsu@PeterKnez_
Now They're Saying Nft will have utilities- Lmao (Why should we trust If they Don't Have Transparency with community?)
๐ท Giving a friendly suggestiion @louis_tsu - humble request , dont decieved the community , look again & give appropriate $VENOM reward to testers
I Believe On #Venom
If they want, they can still fix their mistake..โค๏ธ
๐ซก Hope U Not $BLOCK Me
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