The crypto behind the Tics, the blockchain protocol Qubetics, crashed after the launch of the patient.
Summary
- Ticks fell 97% after Crypto aircraft botting
- Project convicted an outsourced team for failure
- Qubetics claims that it creates a cross-chain web 3 aggregator
High-tech blockchain projects are only strange as belief in their technical temples. On Thursday, July 31, the TICS team addressed the Bothed Award, causing the token 97%crashed.
The team acknowledged “important errors”, however, the team denied the director responsibility, blaming an outsourced development team, anticare, which was Eleogedly in Westing Contracts.
“We would like to emphasize that the issue was not under the control of the core team, but instead, we have been released to the outsourced team with all the assurances that were provided with our dead laxity,” it is written in Quabetics’ statement.
The team promised a complete report on the issue and said that all the eligible wallets injure the wounds of the token. Qubetics also emphasized that it is committed to roadmaps to create a layer -1 network collecting the web3 ecosystem including Bitcoin, Etreum and Solana.
What happened to Ticks Crypto Adrop
On July 30, the team planned to unlock and distribute 10% tokens immediately, the remaining 90% was unlocked at the rate of 1% per day in the next 90 days. After the launch, the token interested in its peak from 950% to $ 2.16.
However, technical issues emerged soon. Many users report a recreation of less than 10% of their allocation, which later confirm the team. Observers did not even mention that intensifying the collapse of tokens, 1% daily westing schedule with heavy selection protection.