A startup project hitting 50 million market cap on a certain fundraising platform saw its momentum collapse with an alleged rug pull. The incident has sparked discussion about platform risk management and fee recovery mechanisms. Reports suggest significant transaction fees—around 14,000 from an initial 45,000—remain unclaimed in the aftermath. This raises questions about how platforms like the fundraising app and community-driven launch platforms handle user protection and fee structures when project failures occur. The situation highlights the importance of due diligence before participating in early-stage token launches and understanding fee implications in market downturns.
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PebbleHander
· 3h ago
Another project with either 50 million or 500 million rug pulled? I'm really done.
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LiquiditySurfer
· 4h ago
Ha... it's the same old story. A market cap of 50 million disappears in the blink of an eye, and those unclaimed fees are even more outrageous, directly becoming the platform's "surprise income."
Someone should have called out these launch pads long ago; risk control is virtually non-existent.
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OnchainUndercover
· 4h ago
Another classic rug pull, the 50 million market cap disappeared just like that
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These days, fundraising platforms are really tough; users lose money and still have to pay transaction fees
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Nobody wants the 14,000 fee? Laughable, this is the true picture of web3
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So, DD is very important, but most people simply don't look at the project team's on-chain history, right?
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The platform should take the blame; I think in this situation, the fees should be fully refunded
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It's always like this—blow hot and then run, while the retail investors are still waiting for the next hundredfold coin
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It's outrageous that no one claims the transaction fee, clearly indicating it hurts people quite a bit
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Early token launches are inherently a gamble; there's nothing to blame
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The problem isn't the platform but human nature; greed will always lead to being cut.
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LiquidityWizard
· 4h ago
Rug pull is happening again, this time with a 50m dump... Really need to learn from this.
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14k in fees went down the drain? The platform should take the blame.
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It's always due diligence, hearing it so often that my ears are calloused, but some people still don't use their brains.
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Why is it only during times like this that risk control is discussed? Why not do it earlier?
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Playing with this kind of fundraising platform is better off just burning money directly.
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Fee recovery mechanism sounds really bad; users are always the last ones.
A startup project hitting 50 million market cap on a certain fundraising platform saw its momentum collapse with an alleged rug pull. The incident has sparked discussion about platform risk management and fee recovery mechanisms. Reports suggest significant transaction fees—around 14,000 from an initial 45,000—remain unclaimed in the aftermath. This raises questions about how platforms like the fundraising app and community-driven launch platforms handle user protection and fee structures when project failures occur. The situation highlights the importance of due diligence before participating in early-stage token launches and understanding fee implications in market downturns.