🚨 Important Announcement: Addressing Community Concerns and Ensuring Transparency 🚨
Dear Social Tech Cat Community,
We understand the recent confusion and concern surrounding our partnership with the SMS Survey and Earn program. We want to assure you that your safety and the integrity of our project are our top priorities.
Here's a breakdown of the situation:
1️⃣ Scale and Security: We've seen tremendous growth, with over 100,000 wallets in Vietnam alone. However, this has also attracted bots and cheaters, prompting discussions between Tech Cat and SMS on how to combat fraud. Unfortunately, SMS has indicated an unwillingness to fulfill their financial obligations towards the community. (Picture 1 - 2)
2️⃣ Protecting Our Community: With over $10 million USD potentially at stake (100K users x $110 average wallet value), we cannot in good conscience allow our community to be exposed to the risk of scams. Despite our agreement, SMS has not yet delivered the promised rewards.
3️⃣ Prioritizing Your Safety: The risk of users' wallets being compromised is too high. This has led to a disagreement, as we prioritize protecting our community's interests, while SMS seems to be focused on minimizing payouts or avoiding them altogether. This is why they have resorted tospreading misinformation to create unrest within our community.
4️⃣ Evidence of Partnership: We have been working with SMS for over a month. If there were any fundamental disagreements, they should have communicated this earlier, not waited until now. The event on May 18th, featuring our logo alongside other partners, with Mr. Wick and Anshu as speakers, clearly demonstrates our collaboration. We will not allow these individuals to be scapegoated for SMS's actions. (Picture 4 -5 - 6)
We are actively working to resolve this situation and will keep you updated with transparent and timely communication. We appreciate your patience and understanding during this time.