BENAMEUR djamel
@djamelben
how the ALEO project SCAMs people. No information on the number of tokens, eyes are blocked for a year, no visibility on the total supply. This is the biggest SCAM I have seen in my life. #ALEO token. #SCAM
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BENAMEUR djamel
@djamelben
・Back in March 2024, CEO Alex Pruden (@apruden08) confirmed the tokenomics at a public meeting where there would be no token lockup for testnet participants. This information was confirmed by moderators in the discord later in July – youtu.be/yOMQlRFDW0o?si… Fast forward a few months, and the reality looks quite different. ➤ Unexpected Changes to the Game Plan During a community call on September 18, Alex Pruden announced that all token holders, including testnet participants, would face a one-year lockup period. While the team and insiders will face a two-year vesting schedule following the lock, testnet participants will receive no such vesting after the lock expires. Why the sudden change? ・According to the team, the lockup is necessary to mitigate regulatory risks and to preserve the long-term value of the network. ・But if these risks were known all along, why was this decision communicated only after the mainnet launch? ➤ Token Allocation and the Reality of Distribution The team …
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