Stop overpaying - start transferring money with Ogvio. Join the waitlist & grab early Rewards NOW! 🎁
Key Takeaways
Stop overpaying - start transferring money with Ogvio. Join the waitlist & grab early Rewards NOW! 🎁
Web3 firm aPriori, supported by Pantera, has remained silent after questions about how its recent APR token giveaway was handled.
According to Bubblemaps, a crypto-tracking platform, nearly 60% of tokens from the latest airdrop went to a single participant. The tokens were spread over about 14,000 wallets that seem to be connected.
Each of those wallets had been topped up with small amounts of BNB
Did you know?
Subscribe - We publish new crypto explainer videos every week!
What is a Bitcoin Faucet? Pros & Cons Explained (With Animations)
Bubblemaps also reported on November 11 that the same group kept opening and funding new wallets to claim more tokens even after the first round of activity. This raised concerns that one person or team might be using automated methods to exploit the airdrop system.
The giveaway started on October 23, before the APR token, based on BNB Chain, passed a market value of $300 million. Around 12% of the total token supply had been set aside for this event.
Since then, aPriori's official X account has posted only one unrelated update since announcing the airdrop.
Blockchain investigator ZachXBT stated:
Still no reply from the co-founder, the way they have given zero transparency makes them look no different from scammers.
Recently, an incident on Hyperliquid left its Hyperliquidity Provider (HLP) vault down by nearly $5 million. How? Read the full story.
To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.
Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. Our extensive Web3 Expert Network is compiled of professionals from leading companies, research organizations and academia.