Mpeppe Opens Claim Portal But Faces Liquidity Concerns
Mpeppe, the blockchain-based casino platform, has begun distributing 25% of the tokens owed to investors. However, many users are reporting that they cannot trade their tokens due to liquidity issues. Attempts to exchange Mpeppe tokens on platforms like Uniswap have been unsuccessful, with users encountering error messages.
Previous Accusations of Fraudulent Presale
In August, Mpeppe faced accusations of conducting a fraudulent presale. Investors alleged that they paid for tokens but did not receive them, and blockchain records showed that all tokens were stored in a single wallet with no activity. The platform has since launched the claim portal, but the distribution has not alleviated concerns about the project’s legitimacy.
Claim Portal Requires Personal Information
While users can claim 25% of their tokens through the claim portal, they are required to provide personal information, such as phone numbers and email addresses, instead of cryptocurrency addresses. This has raised additional concerns regarding transparency and security.
Mpeppe’s Plans to Launch Online Casino and Gaming Platform
Despite the liquidity challenges, Mpeppe has announced plans to launch a Telegram-based gaming platform and an online casino where users can bet using Mpeppe tokens. These efforts may help increase the platform’s utility, but only if the liquidity problems are resolved.
