Nexus. Another scam
2026 is truly the year of scams, shutdowns, and disappointments in retrohunting. Almost every week another project we interacted with dies, and even the ones that finally reach TGE often end up scamming their community.
— This time it was @NexusLabs : from 2024 to 2026 they kept users busy with provers, testnets, farming, quests, and endless activities - and what did people get in the end? Pennies that you often can’t even claim properly.
— So what actually happened?
• As usual - nothing good. Another project that was supposed to become a technological Layer 1 ended up being just another scam, giving users a worthless “reward” after 1.5 years of farming, running nodes, and wasting resources.
• What did the project even do?
• Delayed mainnet over and over again
• Built random DEXes and protocols
• Ran 3 testnet phases
• Forced prover activities
• Launched a points system
• Added paid badge minting
• Created social farming campaigns
• Did countless collaborations
• Even built some kind of “ecosystem”
— But in the end it’s just some useless piece of garbage that barely works, and nobody even understands what it was made for. Most likely that $25M went into apartments in downtown New York instead.
— What happened at TGE?
• A few days before launch, people found their contract where token allocations were already visible. In Discord the team kept saying: “It’s fake, don’t trust it, no announcements yet.” Then suddenly, with zero communication, zero announcements, and no transparency, they quietly launched TGE behind everyone’s back - with a decent valuation and listings on major exchanges.
— At first it looked like maybe they were doing a stealth “alpha launch” similar to what Hyperliquid and Lighter did before. But then regarding the airdrop they simply wrote: “No airdrop - For fun.”
— So where did people get tokens from? Simple: they converted testnet points into mainnet tokens. The problem is - you can’t do anything with them. You can’t sell them, there’s no liquidity, no real utility, they’re just meaningless numbers sitting in the explorer.
— And you can’t even bridge them because there’s no bridge. Right now it’s literally just a useless placeholder token you can only look at.
— In reality people received absolute crumbs. Honestly, you could probably walk outside for 30 minutes and find more spare change on the street than what Nexus gave users through this “drop.” Another greedy company that kept the real supply for themselves while screwing over the community.
• How to check your virtual “airdrop”?
• Go to https://t.co/Inj7CzthRy
• Paste your Nexus address
• See your tiny amount of $NEX tokens
— Final thoughts
• At first the project looked solid: $25M raised from tier-1 funds in a single round, a decent-looking team, American CEO, ~50 employees, US office, launched during peak bull market hype - and in the end, classic crypto story: the money likely went into salaries, houses, apartments, and cars, while the community got left with nothing.
— And as always Binance Alpha users got treated better than actual long-term farmers and node runners. Same old market story
— Honestly, I’m just angry at this point. I no longer expect anything from most old projects that have already been farmed to death. Right now I’m simply flowing toward perps, prediction markets, AI, Base, some vibe coding, and generally whatever is actually relevant in the current market.
2026
Η αντισημιτική ρητορική μίσους για χάρη του λαϊκισμού είναι απαράδεκτη, καταδικαστέα και επιζήμια για την πατρίδα μας.
Ως @DIKO1976 χαιρετίζουμε τις πρωτοβουλίες του @PresidentCYP με τις οποίες η Κύπρος έχει αναπτύξει σημαντικές συνεργασίες με τις χώρες της περιοχής της Ανατολικής Μεσογείου μέσω της συνεργασίας «3+1». Αυτές οι σχέσεις είναι σημαντικές και πρέπει να διαφυλαχτούν.
Remember when I mentioned earlier buying Billions NFT masks on OpenSea and that there would most likely be a drop for it? Well, that’s exactly what happened - Billions published the airdrop criteria, and the masks were included:
— On-chain assets: Genesis NFT; Supermasks NFT; $SPOL stakers
Today the checker went live, where the allocation in $BILL tokens was supposed to be shown. I checked - it says “Not eligible.” I thought, okay, probably just a small amount anyway, whatever… but that wasn’t the case.
A friend texts me about the
claim. I say I have 0. He replies it’s strange because he got 130k tokens (~$4K at current price) for those same NFTs.
That got my attention, since I have 6 NFTs that I bought for around $70 each.
I went back to double-check everything:
— I was registered for the drop
— NFTs are on my account
— everything was done correctly
👉 End result: 0 allocation
I went to Discord and asked “Where are the tokens?” - got muted
I have a feeling I’m not the only one, and there may be many affected users. Let’s not stay silent and at least support this post - hopefully Billions will review these accounts and maybe create a form so everyone can be properly reconsidered
GM🌴
Unpopular opinion: most morning “analysis” you read is just noise dressed up in confidence.
The only signal I trust before 9am is live market odds on @Xmarketapp - because those prices come from people with actual skin in the game.
Analysts talk. Traders pay.
Winding down and thinking about how differently I see news now.
A headline hits - my first instinct isn’t to read the replies. It’s to check what the market thinks.
Scrolled through @Xmarketapp tonight and the probabilities told a more honest story than anything in my feed.
Prediction markets ruined me. In the best way.
Goodnight everyone 🌙
4/4
Nassim Taleb called it years ago:
"Don't tell me what you think. Tell me what you have in your portfolio."
Prediction markets are the only format where that rule is enforced by default.
That's why they're more accurate than any analyst I've ever followed.
Do you trust opinions or positions? 👇
#Xmarket #PredictionMarkets #DeFi