Hello friends.
Now I want to write a few things about @zama. Generally, I avoid FUD and negativity, but the situation is very different. Even though I participated in the Zama OG program and made a profit, I'm going to make this criticism.
@randhindi , I have a few questions, and I want you to answer them transparently.
You say you've been developing the project for years, and you sold tokens to VCs for 1-2 billion dollars. You raised 130 million dollars (supposedly).
You manipulated users into bidding 0.08-0.1 in the public presale by creating FOMO.
You set the public sale at 0.05 and raised 55 million dollars.
You raised another 15 million dollars from Binance and OG NFT holders in the same way.
You kept raising money, but the result is disastrous. Don't think you can escape the issues by saying "long term," because hundreds of thousands of users trusted you and invested in you.
The result shouldn't be this chart. When I look at this chart, I see a scammer project. There's no support for the token at all. So much money was raised, but there wasn't even an agreement with a market maker this chart shows that. Everyone is in loss with this token, so who is selling?
How can a project that raised a total of 150-160 million dollars have a market value of 50 million dollars? Explain it logically. People invested in you, and even if there's no profit guarantee, being down 60% right now is proof that you're scammers.
