원본 | Odaily Planet Daily ( @오데일리차이나 )
저자 | 애셔 ( @애셔_0210 )
WELL3, which was originally scheduled to issue tokens in the first quarter, finally announced that it would be listed on Bybit, Bitget and Gate.io at 18:00 yesterday. For the money-grabbing party, although the timing was not ideal and it failed to be listed on Binance as expected, at least some of the money-grabbing funds can be recovered, so when preparing to receive the token airdrop at 17:30 yesterday, there was still a little expectation.
However, an unexpected event occurred. Although the opening time of the secondary market did not change, the time for collecting tokens was postponed from the original 17:30 to 17:45, and then to 20:00. In the end, it was still not possible to collect them smoothly. This delay caused widespread dissatisfaction among the Mao Party on social media:
-
"그만큼 WELL3 project that was popular on the Internet has just been airdropped. After working on it for so long, not even a cent was left. The team even ran away.”
-
“ The WELL3 airdrop has been rated as the most unethical airdrop in history. The official tweet said that the token redemption will be open at 8 o’clock. However, before the opening, the WELL token has fallen by more than 60% on CEX. Who is dumping the market?”
-
“It was open for redemption at 8 o’clock, but when I checked the website at the appointed time, I found that it was not open at all. It was open for public sale and you need to spend money to buy it! The funniest thing is that someone who participated found that buying $200 worth of coins has to be unlocked in 24 months! It costs $18 in gas to redeem it once!”
-
“Before 8 o’clock, there are only 10 holders of WELL tokens, most of which are hot wallets of exchanges and market makers. Who is dumping the market, leaders?”
-
…
With the launch of the WELL token, both YogaPetz NFT holders and users participating in the public offering are in a loss-making state if calculated based on the price of the tokens received; what is even more sad is that not all the tokens allocated are unlocked when they are launched, and some tokens require a 2-year unlocking cycle, which is a loss on top of loss in terms of opportunity cost.
Next, Odaily Planet Daily will take you to review the bizarre opening of the WELL3 프로젝트.
프로젝트 설명
이미지 출처: 공식 트위터
WELL3 is an innovative Web3 health platform founded by crypto KOL Keungz that aims to revolutionize the way health data is managed. By integrating cutting-edge technologies such as decentralized physical infrastructure network (DePIN), decentralized identity (DID) and advanced AI analysis, WELL3 provides a unique health and wellness solution. The platform not only ensures the security and privacy of health data, but also rewards users active participation through incentive mechanisms.
Regarding financing, WELL3 has received support from many strategic partners, including Animoca Brands, Samsung, AWS, Distributed Capital, Spartan, etc.
In terms of platform data, the WELL3 platform has attracted 900,000 users and 530,000 unique wallet addresses. The platform has facilitated 17 million transactions with a total locked value of US$55 million. In addition, more than 324,000 users hold NFTs in the WELL3 ecosystem.
In the early stages, the WELL3 project was very popular, had a good user base, and integrated the concept of health + AI. Why did it reverse?
The weird things before and after the WELL token opening
According to official information, WELL tokens were listed on Bybit, Bitget and Gate.io at 18:00 yesterday. Public offering participants and NFT holders can claim tokens at 17:30 and transfer them to the exchanges. However, the subsequent official operations are rare in the cryptocurrency circle.
First, yesterday afternoon, Discord announced that the time for claiming tokens would be delayed to 17:45. This is not a big deal for community members. Although it is delayed, it is before the exchange opens. 15 minutes is not a big deal.
Token claim time delayed to 5:45
Secondly, at 17:42, WELL3 did not say that the tokens would be available for claiming, but instead published a long article explaining the future plans for WELL tokens. Soon, at 17:45, community members used the official page and kept refreshing it, but still could not find the entrance to claim the tokens. For a while, many members asked under the tweet how to claim the tokens, but the official did not respond to any of the messages.
There are only 10 addresses holding coins at 6:00 am
Afterwards, at 18:00 , the secondary market opened. Without anyone in the entire community receiving tokens, the price of WELL hit a high of around $0.023 and then plummeted, falling by more than 60% in a short period of time. In addition, the number of transactions in the secondary market reached several million.
Token prices continue to fall after opening
Response to the Token 공중 투하 Controversy
처럼 social media is full of complaints about WELL token redemption, community members are asking: Why is there a massive sell-off when no one is claiming the tokens?
Community members questioned the WEL L3 projects market-smashing behavior
In response, Keungz, the founder of WELL3 , posted on the X platform : We deeply apologize for the delay in the application website today. And the rumor of sell order of 6 million tokens at a unit price of $80 is not true. If calculated at this unit price, the market value of WELL exceeds the entire cryptocurrency market value.
WELL3 founder Keungz responds to questions
Although the sell order for 6 million tokens at $80 was probably just a data order from the exchange rather than the actual number of tokens, Keungz did not explain why the tokens fell all the way after opening without anyone claiming them. The anger of the community soared to the extreme, and some members even exposed information such as the location of the founders company.
Whether it is the secondary takeover or the retail investors who participated in the public offering and held YogaPetz NFT, they were all buried, this wave is really a loss.
This article is sourced from the internet: Review of WELL3’s bizarre opening: tokens could not be claimed, but the secondary market price fell by more than 60%
관련: Arthur Hayes: 지난 세기의 경제 주기 법칙을 되돌아보면 비트코인은 거시 전환기에 접어들고 있습니다.
원저자 | Arthur Hayes Nan Zhi(@Assassin_Malvo) 편집 어떤 사람들은 "암호화폐 강세장은 끝났다"고 말할 것입니다. "강세장의 하락세에 있기 때문에 지금 토큰을 발행해야 합니다." "비트코인은 왜 나스닥 100의 대형 미국 기술 기업처럼 상승하지 않았을까요?" 나스닥 100(흰색)과 비트코인(금색)의 이 차트는 두 자산이 함께 움직였지만 비트코인의 상승은 올해 초 사상 최고치를 기록한 이후로 정체되어 있음을 보여줍니다. 그러나 같은 사람들이 다음과 같은 요점을 제기합니다. "세계는 미국이 지배하는 단극적 세계 질서에서 중국, 브라질, 러시아와 같은 리더를 포함하는 다극적 세계 질서로 변화하고 있습니다." "정부 적자를 충당하기 위해 저축자는 재정적으로 억압받아야 합니다...