We call this a test because 70% of participants still chose QR code login, even after Binance added a risk warning.
Many users believe that logging in and then canceling authorization is enough to stay safe. In reality, the QR code session still granted us short-term wallet control. We re-tested and were still able to bypass the restrictions.
To compensate those who joined this test, we distributed tens of thousands of dollars in airdrops.
Fair for All.
Well said.
A session that can drain the wallet is no longer a login — it is a temporary private key.
Agent wallet sessions should be strictly scoped, time-limited, and action-capped by design. Anything less leaves users exposed.
This is the standard we believe the ecosystem needs.
Exactly.
The core issue is scope. The QR code login was granting far more than just identity verification — it effectively handed over signing rights and near full wallet control.
The approval screen did not clearly disclose the actual permissions being granted.
This is precisely why we reported it and immediately disabled QR code login on our side.
@dairda487058@Ptahtrade We understand the concern.
From the moment we confirmed the issue, we chose to pause development, report it, and disable QR code login rather than continue. User assets and trust come first.
We remain committed to building transparently.
When we identified a serious security risk, we had access to tens of thousands of Binance Agentic wallets and authorization over hundreds of millions of dollars.
We simply reported the issue to Binance.
We promptly informed them of the QR code login risk.
They subsequently strengthened the warning for QR code login.
We chose to build long-term strength together with the community.
This is indeed a worthwhile test.
If the Launchpad continues to rely on Presale and large free airdrops, it will likely lead to unfavorable outcomes.
Token economics and the launch curve are areas we should focus on.
Thank you for the data shared by the community.
We have added LP with team funds.
Thank you to nearly 40,000 accounts who participated in the first IAO issuance test.
We fully tested the IAO model together.
A new launch model has been witnessed by the community.
More details will be shared before the IAO Launchpad goes live.