🚨 RUG PULL ALERT: @magicalchemydao just scammed their community out of $284,782+ USDT.
They promised a locked "Warchest" to back tokens, but instead dumped the funds onto @Bybit_Official to cash out.
This is a premeditated inside job by the founders. 🧵👇
@PirateNation I no longer have the benefit of the doubt. Forgive me, I've been listening to fairy tales for too long. And when the community asked: "What's going on?" you remained silent. I asked you, and you remained silent. I was torn to pieces. Now you've decided to talk to the community?
@StuntArtistProd@ProofOfPlay@PirateNation@fern@AbstractChain I don't think anything will happen. The token will slowly die, and if people have questions, they'll say, "Hey! The tokens were airdropped! You didn't pay for them." They already did that once. I think we just need to move on.
$Pirate is:
🔼no longer burned
🔼deflation mechanisms no longer exist
🔼there are no support mechanisms either
@ProofOfPlay@PirateNation@fern The chart goes down. But the promises keep pumping. I wonder what the exchange rate is between "truth" and "optimism"?
Just statistics.
@StuntArtistProd@ProofOfPlay@PirateNation@fern@AbstractChain There are no community tokens in the treasury. More precisely, there were about 100,000 left, which were supposed to be distributed among plunderers and founders. But given how much the founders received, they will probably give some to farmers.