Welcome to Dreamathon🌤️
The 8-week pilot incubator for teams creating real-time, reactive apps on @Somnia_Network
20 teams selected
10 finalists receive $20k grants + investor exposure
Applications are OPEN: https://t.co/ClvrAHPXUR
In collab with @cracked_labs x @supafundxyz
🌅 GM folks, the full $TOWNS scam story
Yesterday I started raising concerns about the $TOWNS airdrop and the team's shady moves.
Let’s break it all down.
1.
It began with my post where I explained how I contributed to Towns for a whole year and got completely screwed on distribution by the team.
https://t.co/wcbdlsGFTd
2.
I left a negative review on @ethos_network calling out @coinbilly with truth.
https://t.co/KVWRoXHTRw
3.
The founder of @ethos_network noticed the wave of negative feedback and started digging into what really happened.
https://t.co/ZmMbxOmEHq
Massive respect to @serpinxbt for that. Real justice seeker.
Thanks to Ethos mechanics, now we can tag scammers - super useful in this meta where shady teams run free.
4.
I shared my thoughts on the all scam moments that i saw clearly:
https://t.co/Uur2o8izhZ
5.
Then Billy called me a "proven farmer"
https://t.co/76XvGg1VkU
And started making excuses about how I created 43 towns and "farmed" the protocol
https://t.co/3DAFzFblls
But weren't you guys farming fees from me and the rest of the community? Lmao.
6.
We found proof that Billy lied about the TGE airdrop percentages
https://t.co/V2u7goXHue
Then the clowns proudly posted about giving out a huge chunk to NFT partners.
7.
Man @serpinxbt roasted them for how pathetic it was:
https://t.co/RBTSDJGAgY
I’m honestly shocked by @townsxyz.
They announced snapshots just to farm extra fees.
They lied about user allocation at TGE.
They cut the user airdrop from 10 percent to 3 percent so they could dump their bags faster on Binance.
They scammed core contributors like me - someone who was here from day one, pushing Towns to my community, helping build their metrics and generate fees for the protocol.
And now they have the audacity to call me a "proven farmer"?
I’m not just going to sit back and stay quiet.
This can’t be real.
How are they this brain-dead?
.@townsxyz Welcome to the Crypto Wild West
this is how a project looks when you don't fckng care about your users and only care about earning fees. maybe you made $40m from fees, but you did it with pure bait and only because funds like coinbase, a16z, and others backed you.
2% on airdrop, but previously you said 15%
sometimes i wonder how such big funds invest and give people like this that kind of money. i've been watching your project for half a year, and honestly, it's a circus. it's clear you're operating somewhere in the wild west. it can't get any worse.
you took care of your own people, gave them a good share. and those who actually used your platform? pennies, btw, you allocated 15% for the drop, why does the contract checker show only 3% distributed?
there are 300 million tokens in total, so where did the other 700 million go? https://t.co/JTT5Br6KPH…
and there's 2% on airdrop, and 1% to stakers, crazy stuff
how does your distribution even work? i heard whispers that you just gave tokens to your own team and close people, so-called “core users” ambassadors, etc. people with 500k points got 150-200k tokens, while “nobody users” got 4k tokens. that’s how your distribution works, right, @coinbilly?
i started to notice how weird you guys move with your points system, you promised to end farming, but then suddenly info leaked about a new coinbase raise, info from your own investor pitch deck update, saying token launch in a couple weeks.
people started to check your project and farm for a potential drop, and you silently extended farming for a few more months, calling all that info fake.
that’s just cheap.
and you rigged it so that even people with 500k+ points got nothing, literally 4k tokens.
didn’t you “clean up” sybils for 4 months? how come an account with 40k points got 4k tokens, same as someone with 500k?
also, what’s wrong with the eligibility page? looks like it was made in 10 minutes, zero attention to detail, poor UX, just like the rest of the drop
you care only about yourselves and your freaking money, but you should know you’re playing a dirty game, and it won’t go unnoticed
coinbilly, idk why you’re calling your team mega super top tier, but just so you know, your posts and growth strategy are cringe, hope crypto will clean itself from teams like yours
as a project, you won’t survive, no one will need your platform once your token goes live.
$TOWNS airdrop was a scam - promised 10%, dropped 3%.
brought 875 users to @townsxyz , that’s 87.5 ETH in volume
TOWNS made 8.8 ETH just from fees
3 cities, tons of exposure
my reward?
44,456 $TOWNS
(0x0940…ac80)
they promised 10% to the community
ended up dropping 2% and only 1% for stakers
classic web3 rug, just polished better
source: https://t.co/SsEkpS2swM
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@OfficialApeXdex@solana Dear @OfficialApeXdex !
We see your work and appreciate everything you do for the community.
The market is bullish and the community as well,so, don’t wait and just drop the KONG for your community.