Today I got a news from a crypto project I have been hugely invested in, both finically and my time. This project is known as the over protocol, I have been investing in the project using my time, because they seemed authentic and reliable in terms of vision and good project organizing. I was so confident in the project I told my friends and family about it, in May 2024 we were told that they were going to launch. They went ahead to release an NFT collection which cost about $200+ to mint. I minted two, unfortunately the 2 was phished off my wallet, which means I have to buy it back.
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I bought it back, making my total investment in the project costing over $800, but I didn’t care because I trusted the project and I was expecting a huge return on my investment. Unfortunately they kept postponing the launch and the community started doubting their efficiency. But they assured us that they will launch in September, sadly they came with the bad news that they won’t be launching in September but they will either be launching at the end of the year or beginning of the year.
One thing you shouldn’t do as a project is promise your community and disappoint them, the community is pissed and don’t trust the project, I had no choice but to sell my $400 NFTs for $150. In total I have lost $650 from the project, while that feels like a lot of money to lose at this moment, at the end of the day, it’s just another bad day in the office.
