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Today at 07:06:28 AM |
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Hello fellow project developers,
We at ArbitAI want to share some crucial information regarding our interactions with Kingdom Starter. We have not yet launched our token through this launchpad, but after thorough investigation and conversations with other projects that have used Kingdom Starter, we have serious concerns.
What We Discovered
Fake Transfers: Past projects have reported that Kingdom Starter showed fake transfer data during their launch, making it seem as though funds were raised.
Refund Claims: After the launch, the platform claimed that users had refunded the money, leaving the projects without any actual funds.
High Commissions: Despite the lack of real funding, Kingdom Starter charged high commissions ranging from 10% to 15%.
Lack of Refunds: Efforts to get refunds from Kingdom Starter were ignored or denied.
Our Decision
Based on these findings, we have decided not to proceed with Kingdom Starter and have requested a refund of our pre-payment. We advise any project considering this launchpad to exercise extreme caution and conduct thorough due diligence.
Protect Your Project
Verify Transactions: Ensure you can independently verify any transactions.
Question High Fees: Be skeptical of high upfront fees and commissions.
Seek Transparency: Avoid platforms that lack clear and transparent processes.
Stay safe and vigilant,
Ali Sermet Tasdogen
ArbitAI CEO
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