Today we saw another terrible fail in the InfoFi meta📉
Here is what wen't wrong with @yapyo_arb, the red flags, the mistakes and how to learn for future founders👇🏻
First of all, they started off by announcing a backing by
@KaitoAI, which wasn't confirmed by the Kaito team.
They just told everyone they're powered by Kaito, but the Kaito team hasn't ever heard of them
Then the timeline became quiet, until people started to pick up Yapyo again after the announcement that they're actively working with
@arbitrum was made and confirmed by Arbitrum
From there on, the Loudio madness started all over again, a top 1k Leaderboard and a goal: yap as much as possible and make a good stimmy and I guess that was the only goal for yappers, selling as fast as possible for a good amount of money.
(I am not excluding myself here btw)
Ok, so now they have all the attention on CT, 25% combined mindshare for Arbitrum and Yapyo, what now? Announcements of future products? Utility? TGE details? Deadlines?
Here is the second mistake imo: They waited very long for announcements, people love clarity, (I do) but what the yapyo team did, was not clarity😂
They announced their presale with 3 tiers, one was public and it was a FCFS system, without a time advantage for those who we're in the better tiers from yapping. 🤐
What. a. joke.
Credit where credit's due, they heared the Community out and changed it, so that people from the Leaderboard have a 30min head start.
Bad communication was next, random changes in the Leaderboard settings without direct announcements.
Then the presale came, there were "technical problems" as allways, those were fixed after 25 minutes, but they didn't update the 30 minutes head start, meaning, people had only 5 minutes left to buy before the public (bot) phase started, 90 didn't make it.
There was a big justified outrage over that, they heared the Community out again, but f'ed it up again. They gave those 90 people the allocation that only those from the top 100 got, yet again there was a justified outrage.
Besides that, there was zero communitation, they could've made polls, they could've asked the community, but NOTHING.
Up next is the Claim day (today)
Trading wen't live 30 minutes before the claim happended, 30k sell by a suspicious wallet and a bad statement.
They had 2 days time to announce something bullish, but what did they do? Exactly, nothing.
Yapyo showed us, how to NOT do it, Loudio was also a nightmare, this "InfoFi" or better to say "ShitFi" experiments end here imo.
This is my take:
> This was the last experiment of this type. Kaito will keep improving their InfoFi structure and maybe even give us a second airdrop.
> Projects will stick to Kaito and
@cookiedotfun to reward active users and "yappers"
> Even if everybody and even if the best of the best (
@SkylineETH /
@waleswoosh ) are tweeeting about it, doesn't mean it will be good. And that is human, we all bet on the wrong horse sometimes.
> Kaito may even reward active users with a Season 2 Airdrop, check out
@zaimiri's newest thread
> Teams should be way more transparent, Communication is key
> I made a good improvement in Followings and Impressions - was that worth it? Idk, we'll see soon, but my focus is now on
@katana and
@wardenprotocol again, I want to talk about projects who actually reward both users and yappers and I think I've found those.
If you read all of this, dang, you have a lot of endurance 😂
Btw all of this was written without Ai, just saying ^^
This way my take on the Yapyo fail, what do you guys think? What went wrong, what could be improved? I am stoked to hear your impressions