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BlockDAG Network Faces Allegations Over €2M Unpaid Invoice in the Failed Borussia Dortmund Sponsorship
In the latest BlockDAG news, new details have emerged regarding the BlockDAG Network’s failed sponsorship deal with Borussia Dortmund during its ongoing $BDAG crypto presale. A document allegedly sent by Borussia Dortmund to DAG Systems Limited, the entity tied to BlockDAG Network, reveals an unpaid invoice for more than €2 million. This alleged document challenges BlockDAG Network’s previous public statements, which blamed Germany’s MiCA 2 regulations for the termination of the sponsorship.
According to the document, shared by YouTuber BinanceStuff, Borussia Dortmund issued an invoice to DAG Systems Limited in August 2024 and set a final payment deadline for October 2024. The sponsorship deal was subsequently terminated after BlockDAG Network failed to fulfill its agreed payment terms. The document also mentions the company’s registration in the Seychelles during that period and outlines possible legal actions over the unpaid amount.
Despite the partnership having ended last year, BlockDAG Network continued to promote Borussia Dortmund’s name and logo in its marketing materials. Only after this issue was exposed by TheHolyCoins did BlockDAG Network publicly acknowledge the failed sponsorship and shift its narrative to claim MiCA 2 regulations as the cause. However, the timeline and this alleged unpaid invoice suggest otherwise.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Lern360 Crypto Presale Review: Is the LERN Token a Legit Web3 Education Investment?
Lern360 is a Web3 education platform that combines AI-powered learning tools, blockchain-based certificate verification, and a learn-to-earn model through its native LERN token. The project’s goal is to improve education accessibility worldwide by rewarding both learners and educators while providing tamper-proof credentials on-chain. Lern360 positions itself as the “Coursera of blockchain,” aiming to solve key problems in the traditional education sector by leveraging decentralized technologies.
The Lern360 crypto presale is currently active, with the LERN token offered at a $20M fully diluted valuation. Tokenomics include long-term vesting periods designed to prevent early dumping, with 40% of the supply allocated to token sales and 25% for ecosystem growth. The platform is developed by Antier, a well-known blockchain development firm, and the project’s smart contracts have been audited by CertiK.
Lern360’s whitepaper outlines a clear roadmap targeting an MVP launch during the presale phase, followed by AI-driven personalization features and further partnerships with academic institutions. The team is fully doxxed, with detailed profiles and verifiable credentials, and already shows real-world adoption through its pilot with ICMS University College in Malaysia. These factors contribute to the project’s credibility in a sector often plagued by unclear promises and exaggerated claims.
Whether the LERN token offers a strong investment opportunity remains to be seen, but Lern360 stands out for its transparency, progress, and practical use case in blockchain education.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Crypto Presale Weekly Summary: Solaxy, Lightchain, BTC Bull, Remittix, Anso, Mind of Pepe (July 20)
Last week’s crypto presale and early-stage project updates included product launches, audit reports, staking unlocks, exchange listings, and presale completions. Solaxy ($SOLX) launched its Neptoon decentralized exchange (DEX) on its Layer-2 blockchain, though it remains in testing with limited functionality. Solaxy also announced its Igniter token launchpad will now launch on August 4, 2025, alongside its native wallet for Layer-2 crypto bridging, token launches, and swaps. Lightchain ($LCAT) AI released a demo of its decentralized AI crypto infrastructure, showcasing inference on validator nodes with cryptographic proofs on-chain. The project’s presale has raised nearly $22 million and ends on July 31, 2025, ahead of its mainnet and Inference Dashboard launch.
Anso Finance closed its presale after raising $1.5 million. The ANSO token will launch on a DEX at $0.01 per token on August 7, 2025, with future announcements for CEX listings. Remittix completed its CertiK audit for its ERC-20 $RTX token, confirming no critical or major issues. The project has raised over $16 million and plans to launch its crypto-to-fiat wallet supporting 40+ cryptocurrencies and 30 fiat currencies later this year. BTC Bull ($BTCBULL) unlocked over 2 billion tokens from its 7-day staking program, over 13% of its circulating supply. Following the unlock, the BTCBULL price dropped 30% on Uniswap, from $0.002545 to $0.001794 within the first hour, while trading volume surged past $1 million. Mind of Pepe ($MIND), a meme coin with AI crypto features, will be listed on LBank’s Innovation Zone on July 21, 2025, with the MIND/USDT pair. After the announcement, the $MIND token price increased 28%, recovering slightly after an 89% decline since its June 3 launch. At the time of writing, $MIND trades on Uniswap at $0.0005426.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Little Pepe Crypto Presale Review: Is the $LILPEPE Token a Legit Investment or a Potential Scam?
The Little Pepe crypto project is currently offering its $LILPEPE token through a multi-stage presale, claiming it will build an Ethereum Layer-2 blockchain dedicated to meme tokens. The project promotes an EVM-compatible network, a no-code launchpad called Pepe’s Pump Pad, and governance features to support meme projects.
Despite these claims, there is no MVP and no clear technical progress. The Q1 2026 launch date was mentioned only in Telegram. The Little Pepe whitepaper lacks transparency on fund usage, provides a roadmap without milestone dates, and fails to align with MiCAR-style regulatory expectations. The team remains anonymous, and the only audit conducted reviewed a basic ERC-20 token, not the promised blockchain infrastructure.
The Little Pepe presale aims to raise over $50 million across 19 stages, with a projected fully diluted valuation (FDV) of $300 million at launch. This valuation is considered high for a meme-themed project with no product, no user base, and no established technology. Previous meme Layer-2 presales like Pepe Unchained and Solaxy launched with similarly inflated valuations and collapsed up to 90% post-launch.
Presale buyers of Little Pepe crypto face a long vesting period, with a 3-month cliff post-launch followed by 5% monthly unlocks. Meanwhile, there is no clarity on the vesting terms for other token allocations, such as chain reserves and marketing raising concerns about post-launch sell pressure from team-controlled wallets.
Little Pepe crypto appears to follow familiar patterns seen in other meme-themed Layer-2 presales, where heavy marketing and exaggerated narratives come before any proven development progress.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
BTC Bull Token (BTCBULL) Drops 30% After 7-Day Staked Tokens Unlock on Uniswap
The BTC Bull token (BTCBULL) fell 30% on July 14, 2025, after the unlock of staked tokens from the project’s 7-day staking program. The price dropped from $0.002545 to $0.001794 on Uniswap within the first hour, with trading volume reaching $328,000, higher than the previous day’s $242,000. By the end of the day, Uniswap trading volume surpassed $1 million, according to Dexscreener. This followed the unlock of over 2 billion BTCBULL tokens that had been locked since launch, representing more than 13% of the supply. BTC Bull ($BTCBULL) is a meme coin on Ethereum offering staking, token burns, and Bitcoin airdrops tied to price milestones between $125,000 and $250,000. The presale raised over $8 million on a self-hosted launchpad before listing on Uniswap at $0.002564.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
XYZVerse Website Down for 17 Hours During $XYZ Coin Presale, Rugpull Concerns Intensify The XYZVerse website went offline for approximately 17 hours on July 9, during its ongoing XYZVerse Coin presale. The downtime began around 17:00 UTC and ended around 10:00 UTC the next day. The XYZVerse team posted on X that the outage was due to maintenance, while their Telegram channel mentioned “DDoS protection is working — your funds are safe”. The presale has reportedly raised nearly $15 million. However, the XYZVerse crypto project has no known team, product, MVP, whitepaper, or public audit. $XYZ is described as a meme coin with no intrinsic value or expectation of financial return. The project also falsely claimed to have completed KYC, as previously reported by TheHolyCoins. The website is now operational, but the incident has added to ongoing concerns over the legitimacy of the XYZVerse Coin presale and raised fears of a potential rugpull.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Pump.Fun to Launch $PUMP Token Sale on July 12 Across 6 Major Crypto Exchanges Solana-based meme coin launchpad Pump.Fun will open a multi-exchange token sale for its native PUMP token on July 12, 2025, at 14:00 UTC. The event will run on Kraken, MEXC, Bybit, Bitget, Gate.io, and KuCoin, offering 150 billion PUMP tokens at a fixed price of $0.004, targeting up to $600 million in fundraising. Users must complete KYC verification to join the sale, and eligible payment methods include USDT, USDC, SOL, and others. The sale excludes users from the U.S., U.K., and other restricted regions. All tokens will be fully liquid ~48 hours after the sale ends, with no vesting period. While Pump.Fun calls it an “ICO”, the structure mirrors an Initial Exchange Offering (IEO), subscriptions occur on centralized exchanges with managed distribution and listings. The event highlights a shift toward compliance-ready token sales with immediate trading access. Pump.Fun has supported over 11 million meme token launches on Solana since January 2024. The PUMP token will fuel platform features like liquidity incentives, social trading tools, and creator rewards. 📊 Total supply: 1 trillion PUMP 🔹 15% public sale 🔹 18% private sale 🔹 24% ecosystem growth 🔹 20% team 🔹 13% early backers 🔹 2.4% fund, 2% foundation
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Solaxy Layer-2 Mainnet Launch: $SOLX Token Drops 23% After Deployment Solaxy officially launched its Layer-2 blockchain, cross-chain bridge, and block explorer on July 7, 2025, at 14:00 UTC. Built on Solana, Solaxy uses an optimistic rollup to process transactions off-chain and settle them on Solana Layer-1. The crypto project is designed to reduce congestion while supporting Solana-native dApps through the Solana Virtual Machine, with zkVM integration also in place (currently inactive). Solaxy’s bridge, powered by Hyperlane, enables direct transfers between Ethereum, Solana, and Solaxy, supporting $SOLX, $SOL , and ERC-20 tokens. Its block explorer provides real-time access to transactions, blocks, and smart contract activity on the Solaxy Layer-2. The crypto project previously raised over $58 million through a $SOLX crypto token presale. Following the mainnet launch, the $SOLX token price dropped from $0.0013 to $0.0010, a 23% decline, before recovering to $0.00117 (still down 10% from pre-launch). No downtime or confirmed technical issues were reported. The team now shifts focus to upcoming launches of its native DEX (Neptoon) and launchpad (Igniter).
BTC Bull Launches BTCBULL Token on Uniswap After $8M Crypto Presale, Price Drops 42% in First Hours The BTC Bull crypto project launched its ERC-20 BTCBULL token on Uniswap today (Monday) at 14:00 UTC, following the close of an $8 million crypto presale. The token was listed at $0.002564. Within minutes, the price dropped to $0.001389, a 46% decline. At the time of writing, $BTCBULL is trading at $0.0015, down 42% from the listing price, with approximately $750,000 in trading volume in the first four and a half hours. The Uniswap launch was backed by $778,000 in liquidity. On July 3, the project team burned 35% of the total BTCBULL token supply, reducing it from 21 billion to 13.65 billion tokens in supply. Based on the listing price, the initial market capitalization was approximately $35 million. According to project announcements, over 1.8 billion tokens were already staked before the $BTCBULL listing, limiting the tradable token pool at launch. BTC Bull is a meme coin with staking, token burns, and Bitcoin reward mechanisms tied to BTC price milestones. The project’s smart contract automates events at key Bitcoin levels, with a burn scheduled at $125K BTC, and a Bitcoin airdrop for holders planned at $150K BTC. Additional supply burns and BTC rewards are set for $175K, $200K, $225K, and a 10% BTCBULL airdrop is planned if Bitcoin reaches $250K.
** The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Crypto Presale Weekly Update – Solaxy, BlockDAG, Bitcoin Pepe, BTCBULL, Qubetics July 6, 2025 This week’s crypto presale news covers major developments in token launches, exchange listings, and funding rounds across several early-stage crypto projects. Solaxy listed its SOLX token on centralized exchanges LBank and BingX ahead of its Layer-2 blockchain mainnet launch on July 7, 2025. The launch also includes a cross-chain bridge and block explorer. The project previously raised around $58 million during its crypto presale, and SOLX has seen over $5 million in peak 24-hour volume since listings began. BlockDAG Network announced that August 11 will mark the start of its “Global Launch” phase. This stage includes mass marketing, utility app rollouts, miner shipments, and exchange preparation towards the BDAG token launch. BlockDAG also revealed sponsorships with the Seattle Orcas and Seawolves, and a hardware partnership with iBeLink. The presale continues at $0.0016, with over $330 million already raised. Bitcoin Pepe confirmed the official BPEP token launch date as July 31, 2025. The project raised over $16 million in its presale and aims to bring Layer-2 scalability and a custom PEP-20 standard to Bitcoin. MEXC and BitMart have confirmed BPEP token listings post-launch. BTCBULL will open tomorrow, token claims for its $BTCBULL token on July 7 at 14:00 UTC, at the time when the token will start trading on a crypto exchange. The meme coin, which ties Bitcoin price milestones to BTC reward mechanisms, has raised over $8 million and recently burned 35% of its total supply. The final presale price is set at $0.002585. Qubetics listed its $TICS token on MEXC and LBank on June 30 after raising $18 million in its multi-stage crypto presale. The token surged 950% at launch while all presale tokens remain locked. The TICS airdrop and vesting will begin on July 30, starting with a 10% unlock.
The full article was originally published on TheHolyCoins, a crypto news platform focused on early-stage projects, token launches, and presales.
Qubetics Lists TICS Coin on MEXC and LBank After $18.4M Crypto Presale Qubetics officially listed its TICS coin on MEXC and LBank on June 30, 2025, following the completion of a multi-stage crypto presale that raised over $18.4 million from more than 28,000 participants. The final presale price was $0.337, and the token launched at $0.40. Within the first hour of trading, $TICS surged 950% to an all-time high of $4.20 on MEXC. A day later, it reached $5.00 on LBank before entering a correction phase. As of July 3, the TICS coin is trading around $1.70. With a total supply of 1.36 billion tokens, this price implies a fully diluted valuation (FDV) of approximately $2.6 billion. First-day trading volume exceeded $700,000, with all liquidity sourced by the team and partners. No presale tokens were circulating at launch. All public sale tokens are fully locked under a vesting plan selected by the community. Participants will receive 10% of their allocation after a 30-day cliff, with the remaining 90% vesting daily over 90 days. Team and advisor allocations are locked for six months before vesting begins. Qubetics is building a Layer-1 blockchain using the Cosmos SDK with EVM compatibility, supporting features like cross-chain interoperability, staking, on-chain governance, and a decentralized VPN (dVPN). The Qubetics mainnet launch is expected in the second half of 2025.
This article was originally published on TheHolyCoins, a crypto news source covering token launches and presales.
🔍 Nexchain Crypto Presale Review: $5.5M Raised Amid AI and VC Partnership Claims Nexchain is currently running a $5.5 million crypto presale for the NEX token, positioning itself as a high-throughput Layer-1 blockchain powered by artificial intelligence. The presale is hosted on its own platform and offers the NEX token at stages starting from $0.01, with a stated listing price of $0.30. A closer examination of Nexchain raises multiple red flags. Despite offering a 37-page whitepaper and publishing tokenomics that suggest a $430 million FDV, no live testnet or product has been released. The project's GitHub shows minimal activity, with no code linked to its claimed blockchain infrastructure or AI features. While the NEX token contract has been audited, the underlying blockchain remains unaudited and undeveloped. Publicly listed team members were found using fake profile photos, later admitted by the project. There is also no verifiable background on key figures such as CEO “Logan Reynolds” or CMO “Derek Hayes”. Nexchain’s website features logos of Amazon, Visa, NVIDIA, and others under “Ecosystem Partners,” along with claims of backing from firms like Animoca Brands and Shima Capital. However, none of these companies have confirmed involvement, and Nexchain does not appear in their official portfolios. The project's visibility comes almost entirely from paid PRs and affiliate-driven promotions, with no significant organic engagement or developer community activity. ROI claims across promotional content mirror patterns seen in high-risk or deceptive crypto presales. Given the combination of unverifiable claims, inactive development, and marketing driven by paid placements, the Nexchain presale presents significant risks. Investors should approach with caution.
Solaxy $SOLX Token Launch: 88% Drop on Raydium, Recovery Follows $58M Presale Solaxy officially launched its $SOLX token on June 23, 2025, at 14:00 UTC across two decentralized exchanges (DEXs): Uniswap on Ethereum and Raydium on Solana. The launch came after a six-month crypto presale that raised $58 million, with the token debuting at an approximate listing price of $0.00182 on both platforms. On Uniswap, the $SOLX token dropped by 68% within the first 35 minutes of trading to a low of $0.0005821. The price has since stabilized. At the time of writing, $SOLX is trading at $0.0011 on Uniswap, representing a 40% decline from the listing price and a 24-hour trading volume of approximately $7 million. On Raydium, the initial decline was sharper. $SOLX fell 88% within the second hour of trading to a low of $0.0002092. Volatility remained elevated during the first four hours, but the price later recovered. As of now, $SOLX is trading at $0.00114 on Raydium, marking a 37% drop from the listing price with a 24-hour trading volume of around $1.7 million. Solaxy is a Layer-2 blockchain protocol built on the Solana network, designed to improve scalability using rollup-based architecture. The protocol targets over 10,000 transactions per second (TPS), low transaction fees, and cross-chain compatibility with Ethereum. The $SOLX token will serve key functions within the Solaxy ecosystem The project is developing a suite of decentralized tools, including a blockchain explorer, a cross-chain bridge, a decentralized exchange (DEX) called Neptune, staking infrastructure, and a native launchpad known as Igniter Protocol. The Solaxy presale began in December 2024 and ran for six months, with major ecosystem components nearing release. According to the official roadmap, the mainnet, blockchain explorer, and cross-chain bridge are scheduled for release on July 7, 2025. Neptune, the decentralized exchange, is expected to launch on July 14, followed by Igniter Protocol on July 21.
Solaxy Token Launch Scheduled for June 23 Following $55M Presale Solaxy is set to launch its SOLX token on June 23 after raising over $55 million in the largest Solana-based crypto presale to date. Promoted as a Layer-2 protocol using rollup technology to scale Solana to 10,000 TPS, the project claims it will reduce congestion through off-chain execution. After burning 55 billion tokens, 83 billion SOLX remain, implying a fully diluted valuation near $150 million at launch. However, the team remains anonymous, no audited product is live, and staking mechanics involve unrealistic yields. Core features like the mainnet, DEX, and meme coin launchpad are planned for July, but none are currently available. By comparison, recent presale launches like Rexas Finance and Pepe Unchained now trade around $25M and $16M market caps, respectively, over 90% below their listing prices. With no clear traction or product, whether Solaxy can hold its presale valuation remains uncertain.
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📰 Rexas Finance Redirects Users to Referral Pages After $55M Presale
Rexas Finance launched its RXS token on MEXC, BitMart, and LBank following a $55 million crypto presale. But instead of linking users to the official RXS trading pairs, the homepage “Buy Now” buttons redirect to referral signup links for each exchange.
With RXS token down over 90% from its promoted launch price, the use of affiliate/referral links instead of direct market access could raise concerns across the Rexas Finance crypto community.
Rexas Finance’s $RXS Token Plunges After Launch on MEXC, BitMart, and LBank
Rexas Finance launched its $RXS token on June 19 at 11:00 UTC, listing on centralized crypto exchanges MEXC, BitMart, and LBank. Despite promoting a $0.25 listing price during its $55 million crypto presale, the token opened significantly lower, at $0.10 on MEXC and BitMart, and $0.175 on LBank.
The RXS token dropped sharply to $0.0054 on MEXC within hours, marking a 98% fall from the promised price. Although it later recovered to $0.0238, the token remains down over 90% from its expected listing price. Rexas Finance claims to be building an RWA tokenization platform but has not released any products or dApps to date. The lack of transparency around the launch pricing has triggered criticism across crypto communities.
Bitcoin Hyper is a crypto presale project claiming to build a Bitcoin Layer-2 using the Solana Virtual Machine (SVM) and zero-knowledge proofs. While the concept of fast, low-fee Bitcoin transactions is appealing, the project raises multiple red flags.
The team is anonymous, with no KYC or track record, and the 17-page whitepaper lacks key technical details, token vesting info, and partner disclosures. It follows a similar pattern to other high-profile crypto presales like Solaxy, Best Wallet, and Wall Street Pepe, all allegedly tied to the Finixio Network.
The HYPER tokenomics omit any presale funding allocation, and the current $250M HYPER token valuation is unusually high for a project with no MVP, no public testnet, and no code repository. Staking yields reaching up to 5,000% APY are another sign of unsustainable investor incentives.
Bitcoin Hyper is being promoted heavily through crypto influencers, sponsored news articles on outlets like CryptoNews, Yahoo Finance, and Bitcoinist. Despite this aggressive marketing, there is no visible product, roadmap, or audit of the claimed Layer-2 tech.
This Bitcoin Hyper presale review concludes that, in our opinion, the project shows signs of being a high-risk, marketing-driven crypto token with limited fundamentals and low transparency.
You can read the full review on TheHolyCoins website.
Finixio Network Exposed, Part 2: Gambling Sites, Crypto Presales, and Ownership Records
Timothy M.’s ongoing investigation into the Finixio and Clickout Media network continues with new findings from episodes 4 and 5. These parts focus on the group’s control over crypto gambling platforms and the financial connections linking them to crypto presales, wallets, and developer firms. The report names platforms like Lucky Block, Golden Panda, and MegaDice as being operated by the same individuals behind Finixio, using shared developers, marketing funnels, and offshore entities registered in jurisdictions like the Cayman Islands and Bulgaria. Crypto presales remain a key part of the alleged operation. Timothy connects Pepe Unchained, which raised $73 million, to Finixio-linked personnel. Following its launch, users reported being misled by Telegram admins into submitting seed phrases, while others failed to claim their tokens using Best Wallet, the same app promoted across Finixio-affiliated websites. No meaningful development updates followed, and the project appears dormant. The report also covers Wall Street Pepe, a project that raised $57 million in its presale. Although the whitepaper claimed only 20% of tokens would be sold before launch, over 99% were distributed. Timothy tracks blockchain transactions showing how presale funds were used to buy tokens in coordinated patterns that simulated whale activity. These wallet flows suggest artificial price movement before the token collapsed shortly after launch. Further evidence points to Best Wallet being managed internally by the same network. Leaked WordPress admin data shows access granted to emails from finixiofreelancer.com and clickoutmedia.com. Ownership and financial records reveal how Block Labs, Block Law, and Best Web3 are operated through UK and offshore shell companies controlled by the same small group of executives. With this phase, Timothy’s investigation moves from circumstantial links to verified ownership documents, financial trails, and backend access logs, showing how the same people control multiple parts of the ecosystem, from gambling platforms and token presales to wallets, developers, and legal infrastructure.
BlockDAG Reveals 6-Week Launch Plan Without BDAG Listing Date or Full Exchange List
BlockDAG Network, the Layer-1 blockchain project currently running a long-term crypto presale, published its “GO LIVE Reveal” on June 13, 2025. Many expected the announcement to include the BDAG token listing date and a full list of 20 crypto exchanges. Instead, the BlockDAG team released a 6-week launch plan that outlines key phases such as presale closure, mainnet deployment, token vesting, and staged exchange listings, without providing an exact launch date. The BlockDAG presale has been ongoing for over 14 months and has raised more than $300 million. Despite earlier marketing claims about a final 48-hour countdown and a frozen $0.0020 price, the presale continued beyond the deadline, and the token price later dropped to $0.0018. Only five exchanges have been named so far: MEXC, XT.com, BitMart, CoinStore, and LBank. Alongside the plan, BlockDAG shared a CEO letter and short video but made no mention of the token listing date or new exchange announcements. Community members on X and Telegram reacted with frustration over the continued delays, shifting expectations, and lack of clarity around the BlockDAG listing date. This update raises questions about the BDAG token launch timeline and the transparency of the BlockDAG crypto project, as the presale remains active and the full listing strategy is still incomplete. #BlockDAG #BlockDAGpresale #CryptoPresale #Cryptoprojects #Layer1
📢 Remittix Crypto Presale: $15 million Raised, But Promises Already Broken Remittix (RTX) launched its crypto presale in December, presenting a vision for a blockchain-based remittance solution. Despite having no MVP, no product, and a fully anonymous team, the Remittix crypto presale has raised over $15 million. On April 25, after reaching $14.5 million in funding, the Remittix team announced a commitment to transparency, promising bi-monthly development updates, monthly AMAs, and regular previews of what they’re building. But their actions since then have not matched the promises. 🛑 What happened in fact? * The Remittix roadmap originally included a team reveal milestone at $18 million. That was quietly removed. A Telegram admin later called it a “threshold,” not a commitment. * Only one development update has been released so far. It was labeled “Project Release 03”, despite no previous updates being published. * No AMA took place in May. A delayed AMA was later held on Telegram as a text Q&A, far from the open monthly discussions they had promised. * The Remittix launch date remains unannounced. ⚠️ Token distribution concerns: According to the team, presale buyers will receive their RTX tokens five days after the presale ends. However, 41% of the total supply, including allocations for marketing and rewards, has no vesting period. That means the Remittix team, paid influencers, or others holding RTX tokens could sell before presale participants even receive theirs. Although the team claims that marketing wasn’t paid with tokens, no audit, due diligence, or KYC process has been conducted to verify it.
📌 Conclusion: Remittix has changed its roadmap, delayed its transparency commitments, and continues to operate without disclosing the team behind the project. For a crypto presale that has raised over $15 million and is aiming to raise much more, this lack of accountability, in our opinion, is difficult to overlook.