Investors in DeFi casino Mpeppe claim token is useless, can't be traded
Investors in the decentralized finance casino project Mpeppe have raised concerns about the usability of its token, claiming it cannot be traded due to a lack of liquidity. Mpeppe recently launched a claim portal allowing users to receive 25% of the tokens owed, but many are dissatisfied because all trades on platforms like Uniswap yield a 'no routes available' error message. The project had received cryptocurrency payments while not delivering the promised tokens, and initial blockchain data indicated that all tokens were stored in a single address. Two anonymous tokenholders confirmed the release of a claim portal, with over 700 users having claimed their tokens; however, vital issues remain with their liquidity, preventing any meaningful trades. Despite some success in claiming a portion of owed tokens, investors report that the remaining tokens are not functional and stated: 'The coins are useless.' Mpeppe had previously announced plans to launch an online casino and develop a mobile app, yet uncertainty about the token's viability persists, causing frustration among its investors.
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