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Web3 is going just great [English]  -  Brand new Dragoma "move-to-earn" game rug pulls for around $3.5 million

 -  Août 2022 - 

An illustration of a purple dragon with white spikes all around its head, perched on the text "Dragoma" in blue all caps. Underneath that it says "Dragoma Web 3.0" in white text. In the background is an illustrated scene of trees and sky.

The Polygon-based Dragoma app promised to be a new move-to-earn game, the term for a category of web3 apps that promise to reward people in tokens when they exercise. This particular app promised to be a dragon-themed "adventure game" where users could hatch dragon eggs by walking 500 meters a day (about 1/3 of a mile) for 40 days.

The project launched only days before it rug pulled. On August 7, the $DMA token dropped in price over 99% as funds were removed from the project and moved to exchanges. According to CoinDesk, around $3.5 million was taken. The project's website, Telegram channel, and Twitter accounts were all taken offline.

par Molly White

Web3 is going just great [English]

A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.

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