Merkle Airdrop on APTOS

Ready to claim.

But be prepared to see something really embarrassing, which many consider to be a Scam

The project issued the $MKL token

With a supply of 100,000,000 Tokens

46% goes to the Airdrop.

The Airdrop can be claimed but it is blocked until the TGE.

A price of $1.2 is estimated with a FDV of $120M.

So far so good.

They launched a "Liquidity Bootstrapping Auction" pre-sale

1 $MKL = $0.52 USDC -> raised $283,907 USDC

The team is proud of their pre-sale and the Airdrop, announcing liquidity and trading on Kana labs and LiquidSwap

The price is listed on these two DEXs and comes out at $0.1 🤬

The FDV drops to $10 Million.

People are starting to complain, especially those who paid $0.52 in pre-sale

Calling them scammers and scammers.

It's a shame that this project that raised $2.1M from important investors, with a TVL of $6.47M, is scamming pre-sale investors in such a way.

So far, no one on the team has given an answer as to what happened, but it's a terrible way to end a project that seemed competent.