All of Rollbit's current behaviour starts to make sense when you realise where they started from.
In 2016, Lucky's first casino rigged the performance of games for marketing, fraudulently making it seem more profitable to users than it actually was, and abusing the trust of the provably fair system.
They admitted to this scam in a statement. A rookie mistake - these days, Rollbit prefers to sue critics into silence.
This is blatant fraud, and it's a good early insight into how these people think. Of course, as time went on, Lucky's schemes only became more sophisticated over time.
We're able to establish with clear facts and a line of evidence that the Rollbit group's co-founder's first known major venture, CSGODiamonds, ended up having a fake provably fair scheme, rigged rolls for a streamer, and fraudulent marketing - proven lies and deception.
What do you think they are doing with their current products? To what extent can the RLB revenue figures be trusted? What about their "provably fair" system?
Study the past to know the present.
No, no, just fucking no...
This is the same guy who rugged, grifted, stole from his community.
Real ones don't forget, and boy, we ain't in 2021. This shit don't fly.
If you support this grift, you're part of the problem.
Oh and, good morning my not so invisible friends. Ily.
No... I haven't finished.
This is a massive kick in the teeth to the founders here who've built for years, non extractive, and for the betterment of Web3.
Games changed.
Yet another scam from the Rollbit group. Luckio will be shutting down without paying out the full balance of pending rewards, leaving players rugged out of hundreds of thousands in rewards.
This one was relentlessly shilled by Ansem.
I hope they do the right thing and pay out.
I see people outside of crypto have started dabbling in exploiting their retail followers.
Here's what you didn't disclose in your post: the fund has an annual fee of 1% of your account balance, plus fund running costs of around 0.5%, plus deal fees and profit share. The estimated annual drag is about 2.5%.
Not to mention the extremely questionable valuation of some of the companies being invested in, possibly buying the top, but that's speculative. Even without speculating, from a pure EV standpoint, the annual fee is brutal (and it compounds pretty quickly).
Meanwhile buying broader index funds has a drag of around 0.1-0.2% annually. Your fund's fee is going to be twenty to thirty times higher.
Great pitch though, I'm sure many will blindly invest. Congrats.
gm
Sad news but Analysoor is sunsetting, you have 1 month to sell ZERO and ONE before the liquidity is fully removed
Unfortunately the mission to deliver fair mint canโt work for 2 reasons
First there is a limitation on amount of transaction that can fit in a single Solana block, this limitation won't disappear anytime soon
Second, people donโt want fair mints, they want to make money and unfortunately in this space insiders sniping most of the supply at launch is what allows the tokens to go up. Fairness isnโt compatible with crypto tokenomics
From ZERO LP, 8k SOL was removed, which corresponds to the fees generated by the AMM since inception
The LP unlocked today after close to 3 years, these fees won't be distributed like MET, ME and BANX airdrop
The LP holds 80% of the tokens, most people have sold, leaving this is just giving it away later to the AMM or to hackers
You are still able to sell your ONE for 2.5 SOL for the next 30 days, there is liquidity for ZERO but itโs not linear
3 reminders will be sent before all liquidity is removed, one 2 weeks before the deadline, another one a week before and a final one 24h before
It was a pleasure ๐ซก