Original article | Odaily Planet Daily (@OdailyChina) Author | Asher (@Asher_0210)
WELL3, which was originally scheduled to launch its coin in the first quarter, finally announced its listing on Bybit, Bitget, and Gate.io exchanges at 18:00 yesterday. For the “free lunch party,” although the timing was not ideal and it did not launch on Binance as expected, they could at least recoup some of the “free lunch” funds. Therefore, when preparing to claim the airdrop token at 17:30 yesterday, there was still a hint of anticipation.
However, an unexpected event occurred. Although the secondary market opening time remained unchanged, the token claim time was postponed from the original 17:30 to 17:45, and later delayed to 20:00. In the end, it was still not possible to claim the tokens smoothly. This delay sparked widespread discontent among the “free lunch party” on social media:
“The airdrop of WELL3, which had everyone hyped, did not even distribute a fur after doing tasks for so long, and the team ran away first.”
“The airdrop of WELL3 has been rated as the most unscrupulous airdrop in history. The official announcement stated that token claiming would open at 8 pm, but before it opened, the token WELL had dropped more than 60% on CEX. Who is really selling off?”
“At 8 o’clock when the claiming was supposed to open, but looking at the website at the time, it was not open at all. What was open was the public sale, which required buying! The funniest part is that someone participated, bought $200 worth of coins, and they need to unlock it over 24 months! It costs $18 in Gas to claim once!”
“Before 8 o’clock, WELL token had only 10 holders, most of whom were exchange hot wallets and market makers. Who is really selling off, leaders?”
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With the listing of WELL tokens this time, whether it is YogaPetz NFT holders or users who participated in the public offering, if calculated based on the token price they received, all are currently at a loss; even more sadly, the distributed tokens are not fully unlocked for trading, with a portion of the tokens requiring a 2-year unlocking period, making it “adding insult to injury” in terms of opportunity cost.
