The crypto world is still struggling with transparency, and a recent donation has raised concerns.
The Donation
Notcoin, a new game on Telegram, sent $6.8 million worth of its own tokens to Telegram founder Pavel Durov. They claimed it was a “thank you” for Telegram’s support of crypto.
Lack of Transparency
But there’s a catch: Notcoin didn’t tell people that donors would get double the tokens they contributed. This has made many users feel like they were tricked.
Insider Trading Fears
Critics say this lack of transparency could lead to insider trading. Team members who knew about the double tokens could have made a lot of money without any risk.
Suspicious Timing
Things get even more suspicious when you consider that Durov praised Notcoin on the same day he got the donation. This makes people wonder if the donation was really just a way to promote Notcoin.
Community Demands Answers
The crypto community wants to know what’s going on. They’re questioning the legitimacy of Notcoin’s game and its token’s value.
Notcoin’s Future
The donation may have given Notcoin some attention, but its future is still uncertain. The controversy over the donation has hurt its reputation, and the success of a game based on repetitive clicking is doubtful.
Only time will tell if Notcoin is a real innovation or just a scam to lure investors into trouble.
