After raising $1.6 million, this Web3 project launches a large-scale community reward program

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【Crypto World】Recently, I came across an update on a Web3 project that performed well during its funding stage — raising over $1.6 million in the pre-sale phase, with more than 26 million tokens sold. Now, they have launched a sizable community event to give back to users.

This move is quite interesting. Based on their product lineup, they have already launched a self-custody wallet, and will soon introduce a DEX and a crypto card. The ecosystem puzzle is gradually coming together. The community event serves both as a thank you to early supporters and as a way to encourage deeper user engagement.

The development path for such projects generally follows this pattern — first stabilizing the core through funding, then expanding influence with actual products and community incentives. The combination of non-custodial wallets, DEX, and crypto cards is considered a fairly standard setup in the Web3 space, covering core scenarios like storage, trading, and payments.

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GasFeeNightmarevip
· 20h ago
Trying to make big moves with 1.6 million dollars, this tactic is an old story. DEX plus Wallet plus Card, a standard combination, no innovation in sight. Early dumb buyers need to be careful, the reward plan sounds nice but it's just warm water before playing people for suckers.
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MidnightMEVeatervip
· 12-20 17:09
1.6 million dollars in funding and already starting to give back? I've seen this trick too many times in dark pools.
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MiningDisasterSurvivorvip
· 12-20 17:06
$1.6 million? Another prelude to a Ponzi scheme, I've been through this before. --- Wallet DEX Card, I could write this routine with my eyes closed, it's been rotten since 2018. --- Community rewards? Basically, it's just preying on users before a dump. --- They cashed out early from the funding, now they rely on token incentives to attract users to take over, classic move. --- If they want to last long, they shouldn't always think about the token price, but no one in this circle believes that. --- Has the smart contract been audited? Or is it another sneaky tweak of parameters? --- Launching activities so quickly after funding, sounds like they're in a rush to get away. --- I just want to ask—how much does the project team hold? That decides everything. --- Looks quite professional, but in Web3, there's not a single project that can truly survive a bear market. --- Here they go again, telling stories first, then data; once they've finished, they're gone.
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PaperHandsCriminalvip
· 12-20 17:02
It's the same old routine of fundraising, rewards, and ecosystem puzzles... I really lost a lot last time I believed in this stuff. Avoid places with many people; they're all gamblers.
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PerpetualLongervip
· 12-20 17:01
1.6 million? Do you dare to boast about a bullish signal with this level of funding? I've already been fully invested in the bottoming out, haha. The bottom-fishing again... this time really different. The old trick of DEX plus wallets is tired; it all depends on whether the token can break through. Giving back to the community? Isn't it just a disguised way to harvest profits... but I still need to add to my position. Hold on to your faith; this round will definitely turn a profit.
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OnChainSleuthvip
· 12-20 16:57
Pre-sale of 1.6 million dollars at this level? Still depends on whether the subsequent development can truly implement the wallet + DEX + card combo.
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