According to Foresight News, ALEX, the product and technology director of the Ethereum ecosystem Meme distribution platform jump.fun, tweeted, "Since jump.fun went online for 3 days, the sustainability of the economic model has been preliminarily verified, but due to the complexity of the fomo3d smart contract donation method, as well as the decision-making and technical errors that have occurred since the launch, it has caused extremely bad effects and misunderstandings on the community and partners.
A lot of things happened in the past three days, and the details are not available for the time being. As the initiator, I know that my team and I have no malicious intentions, but things did not go as we wished, and it is difficult to defend ourselves. Jump.fun will start the donation refund process and user loss compensation process today, and the progress and details will be announced to the community at any time. "