ChainCatcher reported that ELabs, a growth accelerator in the Asia-Pacific region, released an apology statement on the X platform regarding the Aethir project. The statement expressed that it was well aware that the Aethir project had raised a lot of funds and had a strong background. After a month of private communication without results, it asked Aethir to give users more rights and interests, and only made it public after failing to resolve the issue. The following are the main points of the statement:

1. Before investing, they promised a payback period of 4 months, but after investing, they changed the rules to a payback period of 4 years. Can Aethir really survive for more than 4 years?

2. Question: OKX’s first new coin ATH, why is it not on the new coin list?

  • Issue coins, sell nodes, sell physical mining machines, arbitrarily modify rules, all investment users lose money Financing (9 million US dollars) + nodes (94.5 million US dollars) + mining machines (6 million US dollars) + coin issuance + Web2 income

  • Deceiving node users and arbitrarily modifying token rules. We are fully aware that we have failed to benefit the investors who trusted us, and this is the most painful part for us.

  • Playing word games, the money in the airdrop shares became very small when it was officially launched. As a cooperative institution, we did not charge any marketing fees, but instead lost 500,000 yuan to purchase nodes.

  • Fighting for user rights and interests, being threatened When discussing the compensation plan, we suggested airdrop compensation to Chinese-area node users and rewarding bloggers who participated in the publicity, but Aethir threatened to discredit us on the official Twitter.

Airdrop results for ATH

1. The airdrop ratio strategy and market performance disappointed the node holders, causing node users to suffer.

2. Before TGE, we didn’t know the change in the airdrop ratio. After TGE, it will take node users four years to get their money back.

3. Simple task interactions can get airdrops, but the number of node users is 0, and only 30u was given after much effort.

4. Aethir thinks we are being unreasonable, and some bloggers accuse us of colluding with the project party to make money.