Good morning friends โ๏ธ, I really don't feel like having to do this, but my anger is so intense that it automatically makes my fingers type on this keyboard.
Today, I want to talk about my experience with the @MantaNetwork team and their support, as well as with @TokensoftInc .
It was November, and my friend @cryptodonald89 wrote to me because he had found a seller to make an OTC trade to buy $MANTA at $1.40.
The quantity of tokens on sale was quite significant, so he proposed we split the OTC 50/50.
A good deal in my opinion, since at that time $MANTA was already listed on some premarkets like @aevoxyz or @HyperliquidX , and it was thus shortable. You could practically short the perpetual and ensure a certain profit from the OTC.
The unlocking conditions for these tokens are the same as those for a sale made years ago on Tokensoft. 50% at TGE and the remainder with a 10% release each month.
Before proceeding, since, as mentioned, it was a significant amount and it involved locking up a lot of liquidity for a long time, I wanted to make sure that the sale was as safe as possible.
That's when I was aided by an OFFICIAL ANNOUNCEMENT from the Manta team, stating unequivocally that from January 10th onward, the address elected to receive these tokens could no longer be changed.
This means that by doing an OTC and entering my address, from January 10th onward, it could no longer be changed, and therefore the $MANTA in the respective unlocks would certainly arrive at the address entered by me and Donald.
It's here where the problems started.
January 10th passes, but we notice that the address can still be changed. We point this out and the Manta team responds again that after checking, it is only a UI/FRONT END issue, but in reality, the address cannot truly be changed.
Seeing thus two announcements, made by the official team, which, I remind you, is a project with a market capitalization of $3.7B and a TVL of $700M, I finally feel reassured.
The day of the TGE, January 18th, arrives, 50% of our deal is unlocked, we receive it, I decide to hold it and stake it on their validator node.
Another month passes, February 18th, and problems begin, an odyssey that still has no end in sight.
We were supposed to receive another 10% of our tokens, but these tokens do not arrive. No one can give us an explanation, and initially, I think it was our own problem. ๐คทโโ๏ธ
But then, in the discord, panic sets in, many users were in the same situation as us and we were asked to open tickets on discord.
Keeping calm and following all the rules, we open the tickets, which to this day, after a full 24 days, have had no response, no news, or at least an update. Nothing at all. I attach photos that speak for themselves.
But what makes me angriest is their total disregard, arrogance, superficiality, and annoyance with which they handle the issue.
I am tired of seeing highly paid people treat their community this way, and I think it's right to bring to light what is happening, both to help all the other people who are invested in this problem and to expose to as many people as possible how a huge project like Manta manages such issues concerning its retail investors.
I am really very, very disappointed and amazed at how I can still have hope in this environment after all these years here.
I shouldn't be surprised by these things.
Today, after 4 months of tickets(All Tickets close whitout resolve), discussions, messages, and whatnot, the situation is this:
Plus, on February 18 $MANTA was worth $3.10, while today it is 50% less. ๐
I did not only lose a lot of time chasing them to fix this issue and keeping a substancial amount of liquidity locked, I suffered a significant loss as well, seeing my profit fade as MANTA's price plummeted.
"I tag genuine accounts (which is a miracle in this environment) in the hope of giving them the visibility they deserve, or at the very least, bringing the facts to their attention:
@0xGeeGee@zachxbt@veH0rny@tmnxeq@YouAreMyYield@WazzCrypto@dlnews@dcfgod@TimInCrypto@eking0x@Sebsinclair1989@blockworks@trista_kelley@OsatoNomayo@aleks_gilbert@Liam_Gallas@DeFi_Made_Here@phtevenstrong
Obviously, I have many other screenshots and evidence that might be needed, which I cannot add to this already lengthy post
The final comment is up to you, friends.
๐ WELCOME TO VANGUARD - PHASE 6 ๐
In our final Phase of the testner, we'll explore @BrillionFi, @PvPGameHub, DEX, NFTs, and other exciting tasks.
Find all the details and instructions in our Medium post for this week's $VANRY campaigns ๐
https://t.co/BpYu8FNI99
Weโre thrilled to announce the latest updates to PvP, making it even more web3 user-friendly:
โช๏ธ Sign in with Wallet - Seamlessly access your PvP account using your wallet
โช๏ธ Link existing PvP account with Wallet - Connect your account for a unified experience
Sign in with your wallet now
https://t.co/0wuDZq5VDz
๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ข๐ง๐ ๐๐จ๐ฎ๐ง๐๐๐๐ข๐ญ ๐๐๐ฌ๐ญ๐ง๐๐ญ ๐๐ก๐๐ฌ๐ ๐: ๐๐ฉ๐ฉ ๐๐ญ๐จ๐ซ๐
โซ๏ธYour chance to deploy protocols on BounceBit Testnet
โช๏ธTry out DApps listed on BounceBit App Store
โซ๏ธOnboarding more validators for Testnet
More details in the following thread๐งตโฌ๏ธ
1/ Deploy on BounceBit Testnet
All developers are welcome to submit DApps via pull requests to our GitHub repo: https://t.co/Clli0QEKfw
Submissions will be reviewed by our team before being approved & listed on our App Store.