Update on Lympo

in #crypto4 years ago

So after trying to get more information I felt it was prudent to give a quick update about lympo. I have been an ICO investor for several years now, and utilized the app throughout that time.

lympo logo.png

First off, the App works. You get challenges daily, and you earn small amounts of LYM. The problem is apparent though, the amounts of LYM are 3-4...When the crypto is worth less than a penny that can take a while to add up.

But there are greater problems with the LYM company. Back after the successful ICO Lympo announced that they would be giving all ICO investors shares in their company. A few months later they back tracked, likely because they found out they would be a security, and offered ICO investors LYMUS utility tokens. These Lymus tokens came with several benefits, but primarily that in June and December of every year they would do an airdrop to LYMUS holders.

This worked until December of 2019. For whatever reason they decided at this point to delay the airdrop until after Valentines day, and did not even make this announcement until new years eve. Valentines week rolled around and they stated the drop would come within a week on their telegram.

A few weeks later COVID restrictions hit and they shut everything down. Apparently they could not access the keys due to quarantine and they were in the office. OK that is excusable.

In May they started posting that they were back in the office, and people immediately started asking about the airdrip from December and the upcoming June Airdrop. No information was Given for Junes airdrop and they said more info within a week on the missed December airdrop.

Months passed with the same passing the buck from these guys. And now today most of their social media is dark, and if someone were to hop on their telegram and ask about where the airdrops are they will be immediately banned for spreading "FUD".

I have watched countless people hop in there, asking innocent questions to be met with harassment and bans from staff.

I really want the project to work, but their handling of the community at this point has led me to the realization that LYM is dead.

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