Now every project’s playbook:
> project Launch a testnet and promise “incentives” to attract users.
> community jumps in → traction grows.
> with that fake hype, project raises millions from VC's - without even having a real product.
> by this point, 50% of their job is done - they’ve got the money from VC's and attention.
> then comes TGE and they quietly forget every promise they made to the community.
> no transparency, no clarity - just price manipulation at TGE to earn money from perp.
So basically, these projects are making money from VC's + Market Makers + Their Own Token.
🚩 If this isn’t called a scam, then what is it? $ALLO @AlloraNetwork :
@nickemmons and his team clearly said that the entire supply mentioned in their article would be distributed to the community at TGE and that allocations would be updated on 10 Nov.
But again, as I showed in my previous quote tweet -they didn’t give a single allocation to the worker node contributors.
So the real question is - Where did the ~9% community supply (promised at TGE) disappear?
Projects like this should face legal action @zachxbt - because when a project lies not once but atleast three times, it sets a bad precedent. Teams should think 100 times before lying to their own community.
And the funniest part? After listing on all Top-Tier1 exchanges, their FDV is only $350M, while the community got barely 0.1% of the supply.
Just claimed my Rails Pass on @rails_xyz.
The perp DEX meta is heating up, but Rails already runs faster, safer, and more transparently than anyone else.
This one's built different.
Don't miss out → https://t.co/6szf3JcB5k
🎉 @monad : Testnet = just for FUN
🎉 @monad : DC role holders = just for FUN
🎉 @MMTFinance : Galxe Quest = just for FUN
🎉 @recallnet : E2E Quest = just for FUN
Next up?
💸 Traders = just for FUN
💧 LP Providers = just for FUN
🪂 Airdrop? Only for @binance & Yappers
🚨 Having 1.2M+ followers/community and selecting only 5,500 users for the airdrop is already a shame step taken by the @monad team.
Also it’s not just about small numbers - it’s about the fake promises made earlier.
1. "Community is everything"
2. "Last day to be an early users of monad testnet"
3. "Commemorative SBT"
Everyone knows what happened, so not talking on this much. but, I have a simple solution - if they fix this, great; if not, it's already top season for L1 chains, and surviving at this level without community support is going to be tough.
📢SIMPLE FIX :-
Allocate a small percentage of the airdrop to 1M+ SBT holders who interacted with the Testnet early.
Then, during the claim, team may also implement sybil filtering tasks like Gitcoin score or similar mechanisms.
The number itself isn’t that big - just around ~600k users. (Arbitrum also airdropped to 625k+ users, and we all know how sustainable the project turned out.)
🟩THIS SINGLE STEP WILL:
- Rebuild community trust
- Support long-term sustainability of project
- Turn sentiment positive by showing they didn’t break their earlier promises
Tagging the team to consider this recommendation - @keoneHD@intern@0x_eunice@cryptunez@opendanny@pareen & @monad team.
🫡
Community is everything— said @monad . Then they gained 1M+ followers on X, 700K+ on Discord, massive hype, and thousands of testnet contributors.
But when it came time to reward, co-founder @keoneHD skipped real contributors and handed out $MON to users who never even touched the Monad testnet.
Let’s break it down:
🔹 2K Farcaster users
🔹 10K Legion "loyalists"
🔹 NFT flippers (Azuki, Chimpers, Punks, etc.)
🔹 DEX degens (https://t.co/pSnxJd8iIm, Hyperliquid, etc.)
🔹 DeFi whales (Uniswap, Aave, PancakeSwap)
Meanwhile, real early contributors:
– Deployed contracts
– Bridged assets
– Minted tokens
– Tested swaps
– Gave feedback
– Showed up since day 1
These are the people who could’ve added real value post-mainnet. But Monad just killed off their early community.
@keoneHD really thinks NFT flippers and Farcaster lurkers will HODL $MON until it hits $0? 😂
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Dear @Calderaxyz@0xkatz — Is this fair to the community? 🤔
I'm asking you directly and honestly.
Let me give two examples 👇
🙍♂️ User 1: A regular crypto user.
He used Caldera bridges, explored your ecosystem, minted NFTs, completed quests — all from the early days.
➡️ Got just 400+ $ERA
🙎♂️ User 2: An influencer.
He started posting just 1 day before the checker went live.
➡️ Got 2500+ $ERA 🤯
🫤 This is just one example — but let’s be honest, we’ve all seen it:
Real, early community members got small allocations.
While last-minute “yappers” or influencers got huge ones. 😌
So I ask again — who is your true community?
Those who supported you from the beginning or those who just showed up before snapshot?
@Calderaxyz — please consider balancing your allocation.
Your early users are the ones who believed in you without hype — they deserve better. 🫡🙏
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