Hello to everyone who is not completely indifferent to our beloved and sad project @PortaltoBitcoin
Five days have passed since I noticed the difference in the tokenomics between the last official post and what is on CMC.
Briefly:
The difference is
10.7 − 6.37 ≈ 4.33%.
These 4.33% were almost completely redistributed across other categories.
Like a reasonable person, before writing a post or shouting, I went and asked the admin and the community manager how this could be. Maybe there was a mistake?
Or I missed some announcement, but after 5 days I still have not received an answer. Although @Elektroveniks said he passed it on, they just did not reply.
Imagine the dialogue:
El asks Chandra: “Bro, how did it happen that on CMC we have tokenomics that is different from the official announcements. The community and investors are asking.”
Possible answers from Chandra:
1.Yeah, that is a mistake on CMC, we will fix it (good option).
2.Well yes, we scammed a bit, quietly changed it and did not make an announcement, you understand, we did not have enough coins, we miscalculated (a very bad option, but still better than 3).
3.This, my friend Mikhail, is none of your fucking business.
As you understood, we got the third answer.
So from the silence we can state the fact that the Portal to Bitcoin team, at any moment in time, can quietly, without warning (which is something you simply must not do in the first place, let alone do it silently), change the tokenomics however they want.
You want to be a validator and you are counting on the official 24.3% of the supply, fine.
But already a month later it becomes 25.49%.
And in two months, for example, 5%.
Because all this is changed silently and however they like.
Although I remind you that tokenomics should not be changed, it is literally the foundation that must not be shaken.
Along with other objective failures of the project (I am already keeping quiet about what has been going on inside since 2022, which we will not be able to prove), this is the final nail.
Because now any retail buyer or large investor or validator cannot confidently buy the asset, since tomorrow the tokenomics will change and his investment will be multiplied by zero.
If someone thinks that I care a lot about how much the token costs or that this 4.33% redistribution was at the expense of the community, which in any case received, excluding all exchange promo campaigns, 0.9% with vesting or even a bit less.
This is of course funny, especially when you listen to how in every AMA they talk about the community.
But no, the main point is the very fact of silently changing the tokenomics after launch.
Support the post with a repost if you are interested or if you want to make some noise so that they answer the question.
In general, as for this project, all conclusions have been made for myself.
SOON to everyone, friends.
@csentropy@geoburke
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