Nexus. Another scam
2026 is truly the year of scams, shutdowns, and disappointments in retrohunting. Almost every week another project we interacted with dies, and even the ones that finally reach TGE often end up scamming their community.
— This time it was @NexusLabs : from 2024 to 2026 they kept users busy with provers, testnets, farming, quests, and endless activities - and what did people get in the end? Pennies that you often can’t even claim properly.
— So what actually happened?
• As usual - nothing good. Another project that was supposed to become a technological Layer 1 ended up being just another scam, giving users a worthless “reward” after 1.5 years of farming, running nodes, and wasting resources.
• What did the project even do?
• Delayed mainnet over and over again
• Built random DEXes and protocols
• Ran 3 testnet phases
• Forced prover activities
• Launched a points system
• Added paid badge minting
• Created social farming campaigns
• Did countless collaborations
• Even built some kind of “ecosystem”
— But in the end it’s just some useless piece of garbage that barely works, and nobody even understands what it was made for. Most likely that $25M went into apartments in downtown New York instead.
— What happened at TGE?
• A few days before launch, people found their contract where token allocations were already visible. In Discord the team kept saying: “It’s fake, don’t trust it, no announcements yet.” Then suddenly, with zero communication, zero announcements, and no transparency, they quietly launched TGE behind everyone’s back - with a decent valuation and listings on major exchanges.
— At first it looked like maybe they were doing a stealth “alpha launch” similar to what Hyperliquid and Lighter did before. But then regarding the airdrop they simply wrote: “No airdrop - For fun.”
— So where did people get tokens from? Simple: they converted testnet points into mainnet tokens. The problem is - you can’t do anything with them. You can’t sell them, there’s no liquidity, no real utility, they’re just meaningless numbers sitting in the explorer.
— And you can’t even bridge them because there’s no bridge. Right now it’s literally just a useless placeholder token you can only look at.
— In reality people received absolute crumbs. Honestly, you could probably walk outside for 30 minutes and find more spare change on the street than what Nexus gave users through this “drop.” Another greedy company that kept the real supply for themselves while screwing over the community.
• How to check your virtual “airdrop”?
• Go to https://t.co/Inj7CzthRy
• Paste your Nexus address
• See your tiny amount of $NEX tokens
— Final thoughts
• At first the project looked solid: $25M raised from tier-1 funds in a single round, a decent-looking team, American CEO, ~50 employees, US office, launched during peak bull market hype - and in the end, classic crypto story: the money likely went into salaries, houses, apartments, and cars, while the community got left with nothing.
— And as always Binance Alpha users got treated better than actual long-term farmers and node runners. Same old market story
— Honestly, I’m just angry at this point. I no longer expect anything from most old projects that have already been farmed to death. Right now I’m simply flowing toward perps, prediction markets, AI, Base, some vibe coding, and generally whatever is actually relevant in the current market.
2026
Season 1 of @The_Beacon_GG goes live May 25 alongside $BCN!
Use my code and get a 50 Gobloonz + 1 Umbra Chest head start on everyone else ���🏼
https://t.co/wJCyLu1moq
DAY TWO. OCEAN GIVEAWAY
The terms remain the same
One small CEO will leave with 20 $TON
The window opens at 13-00 UTC
The window closes at 18-00 UTC
To enter:
1. Follow @CEO_Plankton
2. Acquire 100,000+ $PLANKTON within the window
3. Repost this post
4. In the replies submit:
- the wallet that made the purchase
- the transaction hash from within the window
- the contract address with the ticker
One winner. Chosen at random
The losers will not be informed
That is the offer
The offer expires when the window closes
🚀 Diving deeper into the TON ocean with $PLANKTON 🌊
Community is growing fast, vibes are active, and the energy around this project feels like early-stage chaos before a big wave 🌐⚡
Privacy. Decentralization. Speed.
#TON#Plankton#Crypto#Web3@CEO_Plankton
Good move & yes absolutely
Now if you had added a bag of $PlankTon now that would be gas
The face of Ton , about to erect a large ecosystem that contributed to Ton
@CEO_Plankton looks small but got the largest potential
Cek !
$PLANKTON is live
Whales accumulate when nobody is watching
Plankton accumulates when nobody is invited
The difference is who knows
CA: EQBLl2zeXFnwt2MsCw_LOEcgP5zC0VRWTeMA7NMNErLrOijA
https://t.co/UsfQnnV2ii
Hey everyone. Moved over to TON smells like Solana 2021. What comes next?
Plankton on TON. Funny, but a seriously strong community is forming here, and for now we’ve decided to stay here. $plankton
@ZugChain_org Just joined the @ZugChain_org Incentivized Testnet 🚀
Actively testing staking & reward mechanics ahead of TGE.
Join here 👇 https://t.co/2U8j1Orwv7
Airdrop Season 1 is live.
We’ve allocated $100,000 in $ZUG for early incentive testnet users helping shape the platform.
$ZUG is scheduled to launch in October.
1/
“Social is psychological.”
In Five Questions, Nexus Head of Social @ryancrowe shares how we design for connection, not clicks.
Campaigns rooted in identity, feedback loops, and belonging instead of reach.
https://t.co/PbkZPEFAA9
Node Runners Season 2 is live. Node Rush has begun.
New quests, Cache Strikes, and a fresh wave of collectible NFT glyphs mark the next phase of proving on Nexus.
Read the blog to learn how prospecting the Grid works:
https://t.co/nBIptQGXTm
1/
The Nexus network continues to show its strength as a high-performance, verifiable computation layer.
This report highlights key indicators of network health and why they matter for long-term growth.
https://t.co/n0oZai5j11
SUIUSDT 4H. Шорт ��о структурі.
Lower high, слабкість під 1.50, RSI нижче 40. Зайшов від ~1.49
Стоп 1.547
Тейк 1.31
RR солідний, імпульс відпрацював чітко.
Без емоцій, тільки план і дисципліна.
#SUI #Crypto #Trading
@ZugChain_org Just joined the @ZugChain_org Incentivized Testnet 🚀
Actively testing staking & reward mechanics ahead of TGE.
Join here 👇 https://t.co/2U8j1Orwv7
Scalability meets Sustainability.
$8,700,000+ in rewards generated. 103,000+ early contributors securing the network.
More than a testnet. The foundation of the next cycle. The pool expands with every block.
Secure your position before the snapshot: ⬇️
#ZugChain#L1