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Disheartening to see teams raise large rounds to pull off grifts and bring a bad name to the entire ecosystem.
Monad had been absolutely transparent with their tokenomics and MM agreements and I would expect nothing lesser from any of the serious ecosystem teams.
Teams build with integrity in Monad.
airdrops are cooked
monad spent months meticulously planning, labeling, and cleaning wallet addresses in preparation for their airdrop
a normal startup does not have this same luxury. so most are eaten alive by airdrop farmers who relentlessly dump post tge and kill projects in their infancy
metadao solves this
metadao ICOs allow for fair token distribution and eliminate the sybils that have solved airdrops
retvrn to ICOs
futardio
According to Bubblemaps, aPriori — a project that previously raised $30M — saw over 60% of its APR airdrop on BNB Chain claimed by a single entity via around 14,000 linked addresses. These wallets were newly funded from Binance, received 0.001 BNB within tight timeframes, and later transferred APR to fresh addresses in clusters. The entity appears to still be active, while the project team has yet to respond.
https://t.co/jjDLVXOUZc
teams are going as far as creating 14k wallets just to sybil their own airdrop and claim 60% of the airdrop allocation
you know it's crazy work to create 14k new addresses and fund them with bnb for gas, but they did it regardless
shows you how far these guys can go to grift, these are the real issues and not some k4ito shiii
As a dApp developer, reliable data persistence is everything. Huge props to @eth_limo for choosing @4everland_org as their @IPFS pinning provider. 👍
More info: https://t.co/y2abPMoJKx
Join now: https://t.co/F3QOZsTu4P
🥳 Thrilled to announce that #4EVERLAND is now an official @IPFS pinning provider for @eth_limo!
Huge thanks to the https://t.co/k2RgeTHff9 for the inclusion. As a privacy-preserving ENS gateway, https://t.co/k2RgeTHff9 empowers seamless access to Ethereum-native dApps and content.👇🔗
https://t.co/Z9JnfvBCnc
#Web3 #Storage #IPFS #decentralized
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1/ Traditional VCs are broken. 6-month decision cycles. Closed networks. Human bias. Relationship investing over merit.
Meanwhile, the best opportunities move at light speed.
We built something different.