Emrys

Hi @cz_binance a few hours ago our bridge/oft contract got hacked, and hackers transferred minted tokens onto many chains, including BNB, where they sold most of the $SFUND tokens. Currently they hold more than $1.2M in BNBchain: 0x14181636dd5BC8C6b8b47F8D0fd1b1e351B84bE4 A lot of people in BNBchain got affected by this (64k people), as this is where our biggest holder base is. We have contacted many chains, exchanges, layerzero, and identified the hacker group, before they can get the funds out of blockchain, can you help us? It would mean a lot to our community and us, thank you🙏

What we could have done better according to our first observations with p33l launch: 1. We should have sniped less for the postTGE InfoFI & community incentives: We did this to protect users, and reward them post launch for ongoing marketing, but when price rose so much most wanted to fomo into selling. 2. The claims and airdrops should have been in the first 5 minutes, not after 30-35 minutes after announcement: This would create a more organic chart with buys and sells balancing themselves and less people wanting to take profits at the first instance. 3. We should have launched on time, here it was partly an MM delay, but still we could have organized everything better there, so they would be more prepared to do this: With people being there at exact launch time there would be more buyers. 4. The buyer and holder mechanisms should have been communicated much earlier, and should have had some mechanisms not just about postTGE leaderboards but also for future launches. With better mechanics and communication on them this side would create a much more positive scenario. 5. Day 1 utilities for holding p33l token should be there connected to the project itself, instead of mainly to airdrops and post tge leaderboard incentives. People should have said this is the reason I'm holding and even buy more in the timeline more. 6. The launch should not have been communicated as Binance only, as most people in the new crowd we marketed towards had different habits. We thought we would get into Binance Alpha easily confident due to pre-marketing, which would open a more interesting journey. But we realized this was a risky move later and Ethereum bridge was worked on, but communication and preparation of it was too late. The bridge haven't worked at the beginning of the launch quite well, if we would go for multi-chain decision earlier buyer volume would likely be bigger. 7. We had a manual review system in the beginning for content, which became obsolete with interest, and even tho we coded the agent, had to go through algo changes, point system updates, and cases were some people felt system was working against them, even tho it was a lower percentage. In the future we have to make this system, TEE based, where agent reviews are immutable and verifiable onchain, with algo being as transparent as it can get, besides the videos (where manual review is necessary with current tech but can become automated one day too). This will take some time and algo updates, but we have to make the system better and better to a standard that everyone is feeling the fairness. Also for botting we need 3rd party APIs tracking/flagging, instead of manual decisions where the system is faulty to human error. 8. We need to give less and less allocations to those who are there only to take profits instantly and just want to farm the tokens only to move to the next ones. If most of the people who are in these launches care for these projects to achieve higher metrics, and let projects build on, without causing fud everyone will win bigger. I saw @icobeast especially talk about this issue a lot with InfoFI. We need systems that encourage long term thinking in InfoFI for things to be sustainable and scalable. 9. We should have very apparent utilities for projects, and talk about these more. For p33l that was the satire news agency, co-created IP, merch, and more, but people didn't yet see the direct connection to token. We could have done better here. 10. Being open to feedback during launches a lot more, and iterating much more quickly instead of being blinded by attention and hype. We can always improve and almost all feedback (even very critical ones) is there to evolve us. Can we do better next times? And even make p33l better from here too. I believe we can.