The “Morgan Bit Pig” exposed by Jiangsu TV Station also showed signs of collapse in early July, and announced the announcement that the hacker attack was suspended. However, on the agreed opening date, the users only waited for “they were dissolved because they could not be compiled.” A ridiculous announcement of the understanding of the various amaranth groups.
Editor’s note: This article comes from the strategic cooperation blockchain media “Odaily Planet Daily” (Public ID: o-daily, < a href="https://download.odaily.com/">APP Download)
Author | Aloe Vera Edit | Lu Xiaoming
Products|Odaily Planet Daily (ID: o-daily)
Blockchain technology is still slowly developing, and landing is slightly confusing.
This year, the money-losing project no longer hits the technology, the XX prize winner, the landing and other gimmicks, but directly exposed the pyramid scheme “model”.
There are a lot of MLMs that use the blockchain as a scorpion, but there are not many hot searches.
The Walden Block Dog has won such a “win”.
On August 2nd, an app called “Walden Block Dog” sent an announcement to its millions of people, saying that due to the turmoil in Hong Kong, the customer service was working normally and the team moved to Malaysia. Before the office, the app will suspend all activities until the 16th reopen.
In the view of the fund “old gun”, this announcement is like a police siren that collapsed. This tens of billions of funds is a “slower or later event”. It is rare that it has been maintained for a year. According to the public number of Foshan’s new affairs, some insiders said that the platform was running for $23 billion, but the number has not been confirmed.
If it’s not the #华登区块狗# on the list of microblogging hot search list, you can hardly imagine that this vacant fund disk has so many users. “Insomnia all night, I have only invested a little money in my hand”, “just played, cast 50,000, wait for crazy”, “boyfriend has invested more than 100,000, has not recovered, my heart is cold”, in In the comment area of Weibo Hot Search, the users who are stuck are holding each other.
For many “dog-raising” users, self-comfort is better than no hope. Before the 16th, all the crash guesses could not be conclusive, and they encouraged each other: “Sit and wait for the 16th, heartThe state can’t collapse. Otherwise, it is not easy to admit that hundreds of thousands or even millions of them are floating.
But apart from stakeholders, more people believe that the fact that block dogs have collapsed has been fixed. Before the block dog, the well-known coils with similar patterns, such as Bit Pig and Zodiac, have collapsed one after another. The reasons are different, but they all use the excuse to express the suspension of the upgrade. Their destruction is indicating that the block dog users are not lucky. .
To appease user sentiment, the team reissued the announcement on August 10th, emphasizing that No. 16 will reopen adoption as planned. This announcement is like a pinnacle of the sea, and some of the “tea and rice do not think” users began to delight in the picture, showing peace of mind.
However, after the crash, Plustoken said that he had to reopen after the crash, but it was gone. Will the 16th promised by the Huadeng Block Dog really be honored?
What is the block dog?
At the beginning of 2018, the blockchain game of the card collection category became a hot spot, and the block dog was at this moment.
At that time, in the introduction of the freshly baked tall, the team background is very luxurious. The supporting company is called Huadeng Qualcomm (Asia) Asset Management Group. It is located in the world financial center – Hong Kong. It was established in 1998. International investment and project organization management institutions in a multinational and multi-disciplinary manner. The user bonus is also very naked: as long as you grab the pet in the game and sell it after the time, you will get a high and stable return, and you will earn it when you grab it.
The reason why it is linked to the blockchain is because the game is aimed at the famous blockchain pet game “CryptoKitties” and the blockchain pet game products that various Internet giants have launched, including Baidu Leitz dog and Xiaomi encryption. Rabbits, Netease Black Diamonds, etc., claim that their digital pets are also stored in the blockchain, with unique and non-destructible modifications, and can be multiplied to increase value; not only that, revenues include not only cash, but also digital currency.
Despite the seemingly glamorous background, combined with an anonymous person familiar with the circle, the “block dog” meets all the characteristics of a lap project:
1, there is a user funds threshold: On the APP, the user needs to be at the dog market, register the certification and activate the account, and then pay the deposit to pay for the favorite dog by making an appointment and matching, the block dog has 5 Variety, the price is between 100-15000 yuan.
2. Drumming and spreading flowers, the proceeds come from the downline: Block dogs encourage users to spread: direct push sharing rewards 8%, two levels 3%15 people recommended, personal promotion rewards up to 3000, can be upgraded to promotion ambassadors, higher rewards.
3. High income: According to the introduction of the block dog, the adoption reward is multiple. One is the daily adoption commission, the daily income is up to 1.5%-5% of the legal income; the second is the token reward, including the well-known currency dog. Dog currency DOGE and equivalent Walden Qualcomm – Huagao Chain WIAC; three for promotion incentives; four for sales incentives, after the expiration of the smart contract (funded enough time), the dog will be forced to sell, to obtain income.
Users don’t understand: How can it collapse?
Mu Lei joined in May this year. He has been observing the “block dog” for some time. He knows that the “block dog” is a fund disk, but it is different from the previous few months or even a few days. The project, “block dog” survived longer than he had imagined.
In the beginning, I voted for 8w. In two months, Murray returned to the book. The income is increasing steadily. Murray, who wanted to play with a hand, decided to take another risk. The second time Murray grabbed hundreds of thousands of block dogs in one breath and waited for a chance to turn over again.
But the investment has not arrived for a month, the APP has been temporarily closed. If he counts his first earnings, Murray still loses tens of thousands.
(The early participants were highlighting the “Walden Block Dog” that was pulled down the line)
Before entering the market, he has been “brainwashed” many times. At that time, the propaganda said that the user is a peer-to-peer transaction, the transaction amount does not go through the platform, the platform revenue comes from the differential that the reserved dog needs to consume; and the ratio of six to one to grab the dog can make the dog always in short supply.
How can Mu Lei today not understand why the platform will collapse?
The specific code of the project is difficult to understand. Whether the peer-to-peer transaction has not been known; Moreover, people who are familiar with the operation of the fund disk told the Odaily Planet Daily that the operation of many fund disks is also very “decentralized”, the funder and trader. The regional managers are all users themselves, but they come early, plus the account permissions are different, such as the right to withdraw cash, the benefits of eating more than a few layers of offline. Not to mention that the trader knows that the plate is about to collapse, and the reason for cashing out as soon as possible.
It must be said that the design of the block dog is quite “long-term”. It not only locks the holding period through the “dog keeping period”, but also uses the snapping mechanism to create a hunger marketing atmosphere, slow down the plate expansion speed and extend the duration.
However, the plate cannot grow at a constant rate.
The beginning and end of the crash: the dog is no longer in full swing, and the income is rising
Shake was discovered in July.
On July 19 this year, the old cannon “Chestnut Ma Ma” in the circle of friends in the circle of friends to adjust the rules of the block, and reminded friends to pay attention: “A project is good, changed the rules, it should be a little risky awareness”.
After 5 days, he once again noticed the strangeness of the dog in the Huadeng block. During the time when the block dog opened, the speed of the crowd began to slow down, which was no longer the same as before. He once again reminded that this was an early warning of the crash, selling more people and robbing fewer people.
Not only the chestnuts were noticed, but the old guns smelled the scent.
In the month, the media has been deeply acquainted with the project. According to the website, there is indeed Walden Group and Qualcomm Group in Hong Kong, but there is no Walden Qualcomm Group. In addition, the Huadeng block has no dogs. The performance of the official APP and the official website is also very suspicious. The article concludes: “Although the model says that there is no static income if you don’t need to pull people, but at the same time publicize the development of the offline line to get higher income, the essence is to remove the East Wall and make up the Western Wall. The Ponzi scheme has been suspected of pyramid schemes, which is the simplest and most rude money.”
But at that time, the public number did not believe the public, the highest praised comments all denounced the author is to write a black manuscript: “Please do not mess with black”, “currently has been running 250 days to talk about running.”
In fact, to the user enough, on July 26th, the project currency WIAC did start pre-sale on the cryptocurrency exchange Bit-Z, starting at 0.3 yuan, limited time to buy, the highest rise To 15 yuan, and open DKKT and WIAC trading pairs. DKKT, DKK Token (DKKT), is a token based on the stable value currency Danish Krone (DKK), 1 DKKT = 1 DKK.
But on the 2nd of August, when the WIAC and USDT trading pairs are expected to be launched, the block dog issued a statement. Due to the situation in Hong Kong, the headquarters temporarily transferred to Malaysia, which not only caused the WIAC to fall, but also made the “believers” They started to sleep in the night.
There was a time to unveil the manuscript, and the IP address of the company behind the media query was Huadeng Qualcomm, which was displayed as the server of Alibaba Cloud Shenzhen, which proved the company’s fake packaging, and then inquired about its domain name record: Dalian Non-City Network Technology