Shumo - Announcements

Shumo Announcement: After some analysis, we managed to locate and recover some funds which will be used for something positive relating to this community, to be confirmed. There were several accounts that contributed to around 42.5 ETH, +$10k, +$10k. Leave it with us for a few days to work out the details

Hi all To confirm what happened with v2 launch: v1 tokens were sacrificed to allow access to the liquidity. It was calculated there would be a shortfall of around 30 ETH that would remain locked in the v1 lp. In order to ensure tokens held the same value at v2 launch, all Empire Fund investments including NFTs were liquidated with the balance to be added to cover the liquidity shortfall. Approx 130 ETH in total was available for v2 liquidity. LP was created and a series of buys were made to give chart a bullish shape. When all the ETH was added, the LP was supposed to be sent to the Gnosis multi sig wallet, but was sent to the LP address in error. Immediately a bot transaction took all of the liquidity. A full explanation of what happened was provided by Trynos, check main chat. In summary, on ETH, sending an LP to the same LP address makes the LP available to anyone to simply take ownership by running a simple command. A bot paid 65 ETH to a miner to ensure they won the race to make that command and grab the LP. Regrettably, this is now lost and cannot be recovered. Empire Fund after all liquidations has c.$10k remaining. What now? With very little capital at this moment, and no other assets of resale value, it seems there is no longer a project to salvage. We still have a hand full of outgoings to mods and graphics teams. Despite having a strong and supportive community, with all this baggage, it feels unlikely it will capture the interest of new investors. There is no choice but to close down the project. We are very disappointed, no doubt you are too. The idea is sound, the market pretty much went bad straight after launch and only got worse. I apologise for this bad error that led to a premature end before the last attempted run.

As we prepare for the launch our the Version 2 - we have undergone a solid 48 hour + long bot attack in which we deployed two anti bots to combat the inflow. In the scrubbing process - - several of our original members ended up getting kicked from the room - and upon joining again were met with a pretty swift ban. If this has occurred to you - please DM @FegLethal for quick resolution. Thanks you! We are PUMPED for whats coming up!

Important** Did you send your Shumo tokens yet? Time running out. Do it now

🇯🇵 It's Happening.... 🍚 Shumo Version 2 coming soon ⛩ In order to receive v.2 tokens, we need you to send your v.1 tokens to this address: Send v.1 tokens here: 0x8DdF4D28Ae2fac4a27B1A485AE56194d16Aab3BF 🗻 You have one week to complete this task. 🌸 You will receive an identical monetary amount in v.2 tokens. 🎍 We have signed a deal with a good marketing company and will spending every penny to ensure the best chance of success. ❤️🤍Thanks for sticking with us

Next Team Update: Thursdays 7pm UTC

I won $5k on Duck Race. Shumo is the best

Quick update on Baked Beans. So far we have just been compounding. Our initial 30 BNB now generates around 9 BNB per day. We entered the project at around $1m mc and it is now $14m. The project looks very healthy and the mc continues to grow each day. We will soon begin a process of taking profit one or two days per week and compounding the others.

We bought another 5 ETH of $LOOKS yesterday. It's doing very well along with $APE

New Empire Fund Vote: CryptoSkulls Read the proposal and vote! https://snapshot.org/#/shumo-voting.eth/proposal/0x39410658e820aa009835de065db6984a53adb6fec3900229253d1c007419955e