RE: Chifibots - A Rugpull Story

"But what is the use of Cards if nothing else is developed."

This is to me the sentence that calls out most to me. There are a lot of projects in crypto that develop marketplaces but are unable to make fun games.

If you are getting into a game for "fun" purposes or "investment" purposes, I would encourage you to follow the following tips:

1. Research the team members on that team. Understand if there is a dev on the team, or in other cases try to understand why is there a requirement for 5 types of devs before an alpha. 99% of crypto projects tend to "soft rug" due to high salaries.
2. Are they using borrowed tech for marketplaces? Is there any development done that is original?
3. The one that is the most important: How long have they announced the project? If it has gone past a year without anything tangible besides borrowed tech, I would encourage you to recheck your positions.

In the end, the only person to be blamed after a rug is yourself because losing money can always be avoided.

Also, I am against regulation in this space, so don't call out on it. Be smart, and invest in teams and progress. Avoid ideas-based entities with minimal execution.

I have assisted with tracking all the wallets and unfortunately, I am seeing a lot of transfers to unknown wallets, but I can confirm that all of them have ended up in CEX.