Blade of God X, a blockchain game invested in by major entities like Delphi, OKX, and YGG, has recently been embroiled in controversy. The development team has been accused of using internal accounts to steal rewards meant for users. The situation escalated when the project’s founder abandoned the venture, leaving employees unpaid and refusing to return funds obtained during the user test phase.
Allegations of Fraudulent Activities
Reports suggest that the development team manipulated in-game systems to divert rewards to accounts under their control. These rewards, initially meant for legitimate players, were siphoned off, undermining the game’s integrity and leaving users disgruntled. Players who participated in the game’s user test phase also claim they were misled, as their contributions were neither rewarded nor refunded.
Abandonment and Unpaid Salaries
After the allegations surfaced, the founder of Blade of God X reportedly distanced himself from the project. Employees revealed that their salaries went unpaid, and there was no communication or accountability from the leadership. This lack of responsibility has further damaged the project’s reputation within the blockchain gaming community.
Impact on Investors and Community
The scandal has raised concerns about the due diligence of major investors such as Delphi, OKX, and YGG. While these companies are well-regarded in the blockchain space, their association with Blade of God X has caused reputational risks. The affected community members are now demanding justice and transparency regarding the mismanagement and fraudulent actions.
The Blade of God X scandal serves as a stark reminder of the challenges in the blockchain gaming industry. Without stringent regulations and transparent management, projects can easily fall prey to unethical practices. As the community awaits further action, the incident highlights the importance of investor accountability and fair treatment of users.
