Three recent birth projects: APR Bob GAIB. I have analyzed the fundamentals of the project, but it is still difficult to prevent. To summarize, I will try my best to prevent future projects from being deceived again. 1、 Apr @ aPriori APriori is an AI driven DeFi and Monad ecosystem integration that will be launched on Binance Alpha on October 23, 2025 (with an initial FDV of approximately 300M and a total supply of 1 billion). In the early stage of the project, 30M (VC Pantera, HashKey, etc.) was raised to attract users through testing network tokens and Galxe/Discord tasks. However, the airdrop mechanism was attacked by witches or internally manipulated, resulting in 60% of the distribution being monopolized by a single entity through 14000 wallets. After going public, the price plummeted from 4.4 ATH to 0.5 (-88%). The whole process seemed like a 'soft scam', and the project team accepted it without refuting it. Key process stages: 1. Pre sale and early hype (August October 2025): The project was launched with Monad Hype, promising to build on Monad, raise 30M, and attract partnerships with brands such as Mad Lads. Bundle purchase of testnet tokens, community tasks (Kaito, Galxe) for free marketing, users invest hundreds of hours in testnet, but the terms change midway (such as 90% ownership lock up), TGE moves to BNB Chain instead of Monad. Pre sale investors enjoy a 10% distribution, but there is a 12-month cliff unlocking period without warning. 2. Airdrop and Pledge Mechanism (TGE, October 23): 10% of the total airdrop amount is circulating, but BubbleMaps has revealed that 14000 new wallets (each with 0.001 BNB transferred from Binance) are bundled to receive 60%, suspected to be a single entity (internal or gang). Real users only get a little bit of garbage (<50 APR, value<20 u), and many high active users display "Not Eligible" and are not eligible. The staking mechanism was originally for mainnet to delay receiving bonuses (21 day window), but due to the witch monopoly, there was no actual growth. After conducting a self investigation, the team declared their innocence, which was disclosed by ZachXBT. 3. Selling after listing and community losses (starting from October 23rd): TGE rose to 4.4 within 3 hours (peak of 5B FDV), and the team's market value collapsed from 88% to 0.5 after suspected market crashes, shrinking to 50M. Community FUD outbreak: Scam accusations and demands for delisting on X, with some users claiming "one year farming for pizza money". Although there were subsequent airdrop commitments (such as Monad mainnet), trust collapsed. 2、 Bob @ build_on_bob Build on Bitcoin is a Bitcoin DeFi project that provides BTC staking, lending, and trading functions. It will be listed on Binance Alpha on November 20, 2025 (with an initial FDV of approximately 230M). In the early stage of the project, a large number of users were attracted through pre-sales and community tasks (such as Spice Holders), with TVL exceeding 300 million and users exceeding 550000. However, problems were quickly exposed after going public, resulting in widespread losses for participants. The overall process can be summarized as a "high speculation, low redemption" anti roll model, with losses mainly due to unfair airdrops, selling pressure, and lack of transparency. The community market value has fallen from a peak of 61 million to about 15 million (-75%), which is commonly referred to as the "meat grinder". Key process stages: 1. Pre sale and Early Speculation (October November 2025): The project started pre-sale with 230M FDV, attracting VC endorsements such as Coinbase and Ledger, promising 50% daily unlocking+3 months linear attribution, with the deadline extended to November 16th. Early community members can enjoy a 165M FDV discount, but the terms are changed midway (such as adding a attribution period). 2. Airdrop and Pledge Mechanism (TGE on November 20th): The total airdrop amount is 415 million BOB (with a total supply of 10 billion), targeting 17000 core and 200000 community users. We promise to pledge for 3-18 months to enjoy a 250% bonus and 60% APR for the first 60 days. But the actual distribution is extremely unfair: many highly active users (who participate in tasks for several weeks) display "Not Eligible" and only receive dust level rewards (such as hundreds of BOB, worth<50 u). Long term users are not rewarded. Although the staking mechanism allows real-time mining (producing 300 BOB in 10 hours), the actual returns are negative due to the sharp drop in prices. 3. Selling after listing and community losses (starting from November 20th): Selling after the launch of Binance Alpha resulted in a 35% drop in price from 0.028 to 0.014, and the market value shrank to 140M FDV. Pre sale investors immediately lose 30-50% after unlocking 50% on the first day. 3、 Gaib @ gaic_ai GAI Blockchain is an AI DeFi project that focuses on tokenizing assets and cross chain transactions. It will be listed on the cryptocurrency alpha market on November 19, 2025 (with a total supply of 1 billion, initial circulation of 205 million, and FDV of approximately 75 million). In the early stage of the project, Galxe/Discord tasks and vault deposits were used to attract users and raise 15 million yuan (Hack VC, Amber, etc.). However, after going public, the team was suspected of manipulating and smashing the market, resulting in 51% of the market value evaporating (from 0.37 to 0.18), and community users, stakers, and pre-sale participants collectively suffered losses. Typical process: Lock community airdrop+team smash, loss exceeding 2M (team gains) Key process stages: 1. Pre sale and Community Farming (October November 2025): The project attracts users through deposit vaults and NFT holdings, promising community airdrops, but actually transferring user funds to the central wallet, circulating them to exchanges such as Bybit/Amber, and then "injecting" new deposits to expand the number of deposits (recovering approximately 28 million). Pre sale participants enjoy a 10% distribution, but 90% belongs to lock up, and there are no warning changes to the terms. Early members (Discord active) invested hundreds of hours in tasks, but 99% of them failed. 2. Airdrop and staking mechanism (TGE on November 19th): Airdrops only account for 10% of circulation, targeting contributors, but qualified ones only receive 5-20 units, with priority given to Binance Alpha users. 1% airdrop+90% team lock, tasks (such as Kaito) become free marketing. 3. Selling and community losses after listing (starting from November 19th): After listing, the team transferred 51% of the supply to 20-30 new wallets, and sold wildly across DEX within one hour, with the price dropping from 0.37 to 0.18 (-51%), and the peak market value shrinking from 75 million to 35 million. The team has made a profit of over 2 million yuan, and secondary users have become liquidity for the project team to exit. Some people say 'one year of work for pizza money', but overall it doesn't meet expectations. In conclusion, No matter how good the narrative is, no matter how fancy (most likely packaged) the financing/team/TVL data is, no matter how awesome the team is, no matter how high the heat and evaluation are... all publicly available information may not be true and trustworthy. Basically, these publicly available information cannot determine whether or when the project party will do evil in their hearts. We retail investors cannot obtain insider information, and the information is extremely opaque, making it difficult to judge the credibility of the project party. We all know that the project team is rushing TGE, not to do charity work, but the naked backstabbing and harvesting are too miserable, too tired, and too difficult for us.