A coalition of people in the crypto community is pushing back against a pivoted project, questioning its legitimacy amid new wave of concerns on forums. The shift to V2 has intensified criticism from investors who feel misled by changing objectives.
Many members are expressing their disenchantment, emphasizing a lack of clarity in the project direction. As frustrations grow, so does the skepticism, leading to comments regarding potential scams and unfulfilled promises.
Eroding Trust: "They had something going for them. I think they are toast now," stated one investor. Another chimed in, "Definitely a joke of a project. They teased and announced Enterprise partnership for YEARS and nothing till this day."
Legitimacy Concerns: While some suspect outright deceit, others are merely cautious. A new comment highlighted these fears: "I sold for a loss because the project is a scam."
Communication Headaches: Users continue to criticize the complexity of the white paper, with one insisting, "Check the white paper with an eye towards unnecessary complexity and youβll see thatβs all it is." Moreover, some are seeking guidance on financial aspects, asking, "Anyone can help to guide how to get COTI out of MetaMask?"
"It was always clearly a scam," stated a long-time observer.
The sentiment on various forums remains predominantly negative, characterized by pervasive feelings of anger and disappointment. People feel misled, suggesting a growing distrust that could severely affect the project's credibility.
π Shift in Focus: Ongoing concerns about substance since V2 rollout, leading many to feel confused.
β οΈ Trust Woes: "I got out when they changed direction to V2. Itβs all PowerPoint marketing."
π Legacy of Displeasure: "They keep releasing BS version after version with no real solid utility or plan."
πΈ Monetary Concerns: A comment quipped, "How else they going to give themselves free money? Lol"
As doubts continue to swirl and sentiments remain high, the critical question remains: Can this project restore the trust itβs lost, or are they on a path of further dilution? The crypto community watches closely.