Hello 3ULLIEVERs

Well, what a day we had yesterday.
Our listing on MEXC has brought the price of 3ULL down 30%.
As you can imagine, we are scratching our heads trying to make sense of how listing on a top-level exchange could do that, so we have spent the day looking into it and found out the following. In the spirit of transparency, I will share with you what happened.

MEXC was given 120,000,000 3ULL (as part of the listing fee) for marketing. Normally these coins are used over a period of time (between a week or a month) to run competitions on Twitter, Facebook, Telegram, etc., to raise awareness in their community that the new project has arrived. In the past, on LBank and BitMart, that has worked well, bringing in thousands of new followers on Twitter and increasing trading Volume on the exchange.

MEXC, however, just airdropped ALL the marketing coins in one lump sum to their clients. Who, on receiving them as a free gift with no understanding of what they were, looked at the price and effectively said, “Hey, thanks, don’t know what 3ULL is, but if I sell it now, I get 0.00045 for each one I have! Thanks, MEXC, you rock!” And they sold.

So, in short, MEXC did a PERFECT piece of marketing for THEMSELVES and dumped $50,000 USD of 3ULL onto the market within one minute. Something we have not ever done as we have sold almost no company 3ULL since opening to protect the price.

Where does this leave us? Well, the price has dropped. It is the same as a Black Swan event. There is nothing we can do. It will repair itself over the next couple of days.

I have not sold any of my 3ULL. I will be holding because I know what is coming and how valuable this coin will be next year. I understand some of you (well, all of us) have taken a short-term hit. From the Founda3ULL team, we take this opportunity to apologise that we didn’t check deeper into what they would do with the coins. But it is done, and the plan has not changed.

NEXUS is four weeks away from Open Beta, and I can tell you it is impressive. Hang in there. You won’t be disappointed. And people will be talking about it :).

Thanks for being here. Sorry for the bump in the road. But I believe we will be fine.

Sincerely,

0ld3ULL and the Founda3ULL Team.

Hey everyone!

Maintenance is fully complete!

We've also added another validator bringing us up to a total of 6, we plan to add another 2 in the coming months from our partners at GoGoPool!

Thanks again everyone!

We are performing maintenance on the Blockchain Nodes over the next hour or so, you may see increased transaction times, no need to be alarmed they will complete in due time.

We will announce once complete!

Thanks!

Attention PLAYA3ULL Community!!

If you are in our Discord Server. Please do NOT click any links.
Our Discord Server has been compromised.

The Team has been working diligently to find the source of the problem and fix it immediately.

We apologize for any inconvenience this may cause.

Please await further instructions