I still have my Marco up and running, and it still populates its roughly 2500 tokens a day. I have just under 1million tokens, and have still never been paid anything of actual value for them. I dont use Discord much and didnt jump on this token bus back in October, so I am just finding out about this. Im going to have to investigate further.
Initially had a 25M market cap and was looking like a good project. Massive sell off of the token when none of its users of the Marco devices or nodes could even access rewards. Which only suggests one thing, the team sold the tokens and left the project. No communication and the team has gone silent. Even if the rewards do get released currently the rewards received per week equals around $0.10. Stay away from this project at all cost.
i warned everyone from day 1, in various discord groups, even before they launched their product. Them, together with SkyX, they were all scammers. I met the founders personally at Token2049 and my spider sense was going wild. Knew they were dodgy from the start.
But so many laughed at me. Well i’d like to say ‘i told you all so’, but does it really matter ? Nope.
Admit it everyone. Depin will NEVER go mainstream. We’ve had a full cycle to prove otherwise, only to find out 99% of depin projects are scams one way or another. The remaining 1% are kickstarter/indiegogo-like sellers trying to tokenise their items and cross their fingers they make it. In a couple years (maybe less), do not be surprised this website will no longer exist too.
It’s not rocket science. We’re in a bear market and possibly gonna be the worst one ever. Forget about ROI/profit. Everyone’s struggling to keep afloat now.
NEVER be someone else’s exit liquidity. Tis all i’m saying.