$dannydawn $255 retweetet

Alright. I’ve seen a lot of arguments on both sides for the JPG launch.
Here’s my (hopefully final) take:
JPG knew about everything. Potentially not all their employees, but their high level ones did. THEY LIED.
37.5% of the token was given as an incentive for Wave ADA Yield Fund to provide liquidity. Some people try to argue that there is no one that would provide liquidity for free. They got paid roughly 7.75M ADA worth of tokens…
In the tokenomics section, only 5% was supposedly allocated to investors.
THEY SAID NOTHING FOR ALMOST 7 HOURS. Was a complete joke and ghost-town everywhere.
They knew exactly how we would react as well.
They know how much their community hates VCs.
They know that they are surviving in Catalyst funding.
The team earns money from this token as well. 25% to their foundation.
This was a complete joke. Nothing more to do about it. Use @dropspot_io and @CswapDEX instead sometimes.

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