Soneium Score enters Season 03 🌀 💿
The journey continues — new projects @StargateFinance, @zombieidle, @SonovaNFT and Community Quest via @Layer3xyz, and NFT categories keep the game fresh.
https://t.co/Q0RIyObQPg
Whether you’re minting your first badge or collecting your third.
👉 The Score Keeps Rising. Let's begin 🧵
I just played the Monad Community Recognizer!
I'm doing my part in keeping the community safe, strong and thriving.
How well do you know the community?
https://t.co/jTv2YfTSB4
🚨🚨PLANNING SOMETHING - NEED YOUR OPINION ‼️
I’m planning to prepare a community “Death Sheet” 🪦 - a transparent list that tracks teams/founders with their past rug/scam history.
SHEET WILL INCLUDE:
• Project Name
• Category of Rug
(Rug Ex - Airdrop, Fake Promises, Token Dump Rugs, Rebrand, etc)
• Team Usernames
• Date / Wallet / Chain (if on-chain)
• Source / Proof
THE IDEA IS SIMPLE: Whenever a new project comes up, we’ll verify the team & links from the sheet first - because these teams usually shift from one project to another after rugs.
🫱 FOR THIS, I need community support: Whenever any rug/scam happens, tag me with proof in the comments.
We’ll verify the info and add it to the sheet.
📝 I know @zachxbt is already doing a great job and I can’t beat him but he usually focuses on big-level rugs. Meanwhile, a lot of normal airdrop/team rugs go unnoticed, and teams take advantage of this gap.
📂 The sheet will be public, updated frequently based on community suggestions.
This initiative will help everyone spot repeat offenders early and stay safe 🚨
WHAT DO YOU THINK? 👇🏻
Soneium Score enters Season 02.
After Season 01, the journey continues with new quests from @Aave, @Kyofinance & @Lootcointech.
If you scored 80+ in Season 01, your NFT badge will be available to mint in a few days.
Every onchain action should count 💿
That’s why we built Soneium Score, a new way to reward your proof of contributions across the entire Soneium ecosystem.
One score. Multiple ways to earn.
Let’s understand how you can evolve your score 🧵👇
Update: MEXC Attempts To Lure The White Whale To Meet In Person...For Potentially Sinister Reasons??
I received an email from MEXC (with my anti-phishing code and from their official domain). I triple-verified - it was authentic.
The email claimed:
“Our leadership team attaches great importance to cooperation with you and is very much looking forward to having a one-on-one communication with you to deeply understand your needs and expectations. To this end, we sincerely invite you to have in-depth communication with the leadership team.”
They asked me to verify my TG ID. Once I did, I wasn’t met by a “leadership team.” Just one person: their Global Head of Customer Service - whose identity I confirmed through multiple channels including other MEXC employees.
Then came the punchline: he insisted I travel to Malaysia to “complete KYC in person.”
Let’s be clear.
I’ve already done every form of KYC they’ve ever asked for: live video, address verification, phone number, multiple identity layers.
Their own Terms of Service contain zero mention of any requirement for in-person KYC.
Crypto kidnappings are on the rise - why would someone with over $100M on-chain ever agree to fly to another country and enter the lion’s den of an organization he's publicly protesting against?
When I rejected the idea, his reply was telling:
“But I understood that you have sought to expedite the unfreezing of your account.”
Translation: If you want your funds, get on a plane.
This is not compliance. This is coercion.
What MEXC is attempting here isn’t “verification.” It’s intimidation dressed up as procedure. They are inventing roadblocks that don’t exist in their own rulebook, while dangling access to my rightful funds like ransom. If they can do this to me, they can do this to anyone.
The question now is simple: How long will the industry turn a blind eye while exchanges resort to tactics that belong in crime thrillers, not capital markets?
I know we’ve got their attention. Maybe we just haven’t been loud enough yet. I told him to come back to me when MEXC was ready to be serious.
🫡 From the depths —
The White Whale 🐋
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(2/2)
Here is same playbook from Consensys and Linea, not necessarily a scams, just an example.
🚦In March 2022, Consensys raised $450 million in a Series D at a $7 billion valuation, following a Series C led by the same investors
[https://t.co/PRQ4AHPxeQ]
>> This shows rounds that justify hype with user “traction” remember MetaMask “30 million MAUs” frenzy.
🚦In April 2023, sources report Linea (ConsenSys’ zkEVM) raised $725 million at a valuation arounf $7 billion
They Built Dashboards with User Metrics, remember
Consensys and Linea heavily promote metrics such as:
🚦MetaMask: 30 million DAUs .
🚦Linea: >100k weekly active users and 2.7 million transactions in its first month .
🚦Ecosystem growth: Linea boasts 150+ dapps, 350+ active apps, and using TVL Metrics (remember when they try to get TVL in order to launch)
These numbers gets investor decks and dashboards not necessarily reflecting depth of real decentralization or long-term value but designed to tone up “traction.”
Linea distributed 350 k NFTs to early participants and 27 k minted Omega NFTs during launch .
The team also introduced Linea Voyage XP, a soul-bound token rewarding “community contributors” with perks 😅 not liquid tokens.
These mimic the tactic of rewarding researchers/testers, boosting engagement and creating promotional narratives while retaining core token value for insiders. 🤔
After-all, Retailers have a short-term memory!
Let's have FUN guys! 😉
🧠 The Full Crypto Grift Playbook: Seed to Series C Edition (1/2) - Educational Purpose
Ever wondered why you clicked, grinded, and hoped for months, only to get $0 worth of tokens?
Here’s how the playbook really works and how many projects run this script.
I'll break it down.
📍Seed Round: Build the Illusion
⚡️Raise $2–5M from early angels and insiders.
Pitch a “decentralized revolution” with zero working product.
⚡️Secure friends & family + narrative-rich VCs.
Set Tokenomics, say, Max supply 10B.
For yours, keep 70%.
📍Series A: Weaponize the Community
⚡️Raise $10–15M at a $100M–$200M valuation.
Launch testnet/app/Leaderboard and let people grind “points” for 6+ months.
___
Promise them: “Loyalty = Allocation.”
---
Meanwhile: track user behavior to build dashboards and datarooms.
📍 Series B: Shill, Inflate, Game the Stats
🔗 Use Series A money to:
📂Pay influencers to call it “the next big thing.”
📂Buy Twitter ads, Discord raids, Zealy bots.
Report fake “1M users” to justify a $500M–$1B valuation.
Retail is excited!
VCs are foaming!!
CEXs are watching!!!
📍 Series C: The Exit Setup Begins
🔗 Raise a final mega-round: $30–50M at $1B+ FDV.
Now, Promise the world:
“We’re going public,” ..... “Real utility coming soon.”
Begin negotiating CEX listings behind closed doors.
⬇️ ⬇️
Quietly OTC 5 - 10% of future token supply to private buyers at a 50 - 70% discount.
‼️Token Launch Day Arrives, The Rug in Slow Motion
Launch token at >$1B FDV.
Float only 2–5% of supply. Price pumps. Retail apes in.
Meanwhile, team + insiders begin to slowly sell OTC or via shadow wallets.
ᛣ To Look Legit: Airdrop Some to “Contributors” 🥍
---🧮Drop 2–5% of tokens to:--
🚦Selected testnet users (based on loyalty or clout).
🚦Researchers who helped “further the cause.”
🚦Selected communities that can create social noise.
Enough to show “we gave back.”
Not enough to dilute control.
💸💰 Final Result: VCs: Exited quietly.
Team: Now sitting on $100M+ in liquid tokens for Rinse&Repeat
📊Community:
Got 100 tokens worth $25. No vesting? None of their business anyways.
📊Exchanges: Made money on trading fees.
--------
Oh sorry I missed something!
Yes!! We have a token? right?! oh sorry it Dumped!!!
-------
Here's the Sweet part!
🧼 Blaming the Airdrop Users (Always Part of the Playbook)
When the token dumps, insiders cash out, and users cry foul, here comes Act II of the performance:
“You guys only cared about the airdrop.”
“We wanted long-term contributors, not airdrop hunters.”
“You didn’t really support the mission.”
🔁 Same users they farmed for 6 months with:
Zealy quests, Discord XP, Click-to-claim NFTs, Endless “early supporter” point systems suddenly become the problem.
🎭 It’s Classic PR Damage Control:
🚦Shift blame to users.
🚦Ignore insiders who sold OTC or cashed out at peak.
Silence critics by labeling them “airdrop beggars.”
----------
Meanwhile:
⚠️90% of token still sits with team/VCs.
⚠️“Community treasury” is controlled by multisig wallets.
⚠️Governance = literally branding, not actual power.
Reminder boys:
They didn’t forget to reward you.
You were never part of the plan, just the pre-launch marketing campaign.