🚩 $ALLO @AlloraNetwork Is Next $OM , $OG : Proof Attached !!
Another Project Betrayed The Community - Stay Away
A few days ago, Allora published a tweet clearly stating that they would reward their early community users who have been using their products like Testnet , Worker & Forge with 9.5% tokens fully unlocked at TGE.
But the reality? They completely betrayed the community’s trust, They’ve only distributed around 681,572 tokens to just 167 Forge users (~0.07%), leaving out thousands of users(workers) who have been consistently supporting the project for over 1.5 years.
And now the final twist those who are “eligible” - without Forge means workers still have to buy and stake tokens to receive rewards. (got 25% boost) That’s pure manipulation.
If they never intended to reward the community, why make that promise publicly?, Even their official tokenomics mention that 9.5% will unlock at TGE- I’ve attached the proof below.
So where did the remaining 9.43% (94.3) tokens go?
📊 Here’s the data and proof:
> Only 167 addresses eligible (Forge): https://t.co/nfoIw1wqe4
> Worker leaderboard (No one rewarded): https://t.co/RPoGWIR6Kx
@nickemmons : remember, this won’t last long - When you betray the same users who supported your product since day one, no one will trust or use it on mainnet.
Even Allora’s own team members (mods and admins) are against them after this massive betrayal.
This is hands down one of the 4th worst projects I’ve seen this year:
- Lies during tokenomics release
- Lies while building the community
- Zero transparency, just fake promises
Imagine what would happen if one day, a lawsuit gets filed against projects like this - the ones that make big promises to their community and then break every single one of them. It would honestly be well-deserved.
It’s clear, projects like these only care about money , They manipulate market prices at TGE through their market makers to control supply and make massive profits in future.
They literally raised funds not to build the product, but to list on a top-tier1 exchange (Binance,upbit,okx,bybit) on Day 1 - so they can manipulate the price, use perp futures and make 6-figure profits for themselves.
Yes , they raised money to make their own bags heavier, not to deliver value to the community. 💯
Mainnet is launching on 11th November, so I urge the Allora team, fix your community allocations by 10th November at least.
Because one thing’s for sure - community is the real key. (Be transparent)🔑
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