I keep receiving DMs from my community asking to discuss these matters, including one from a user who said he was suicidal after losing everything due to manipulation in token sale related markets. I’ve otherwise been a passive observer of what’s been happening in the crypto category on Polymarket.
There’s predatory behaviour everywhere, a new kind of -rug-. Projects exploiting vague UMA resolutions to change sale rules and maximise extraction.
I identified this kind of behaviour in Web3 a long time ago, and I’ve been against it for years. I’m building
@futuredotfun and
@aion5100 to represent the “good” side of Web3. Yet, I barely any b2b collaborative support from other builders as while I seek cooperation, they seek cannibalism, without realising they’re shooting themselves in the foot.
If you want to be part of a benevolent eco that puts users first, come to
@futuredotfun. As a whitehat maxi myself, I brought in a low-key genius whitehat CTO to build this properly. We’re taking a completely different path from the max extractors who treat holders, communities, and retail like disposable assets.
A new era for benevolent projects needs to emerge. We need your full support... otherwise, the last remaining 1% of good in Web3 risks being wiped out.
Trove Token Sale Big Scam
The sale was running smoothly; it seemed like nothing pointed to manipulation. By the end, a little over $11M had been raised. But five minutes before the sale ended, things got interesting.
The Trove team changed the deposit acceptance date in the contract (degenerates didn’t notice the catch right away), setting it to January 20. That immediately raised red flags for me, and without thinking twice, I started buying YES shares at rock-bottom prices. At the same time, huge buy orders of 100–300k shares appeared in the order book at near-bottom levels. Most likely, these were orders from the project team.
About 15 minutes later, a post appeared on X saying they were extending the token sale by 5 days… haha, never happened before - and here we go again.
In the end, those who decided at the last moment to earn a $10–50 “fee” got massively REKT.
One degen placed $89k at the end of the sale to make $200. As a result, his loss at the moment is over $73k.
Don’t play crypto casino - this is the Wild West.