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- The Blade of God X team misused accounts to steal rewards meant for users.
- The founder left without paying salaries or returning funds.
- Web3 contributors were left without access or compensation.
Blade of God X (BoGX), a blockchain-based game with backing from major investors, is facing serious allegations. Reports reveal that the development team used internal accounts to claim rewards meant for users. This has led to widespread disappointment within the Web3 community.
The firm’s marketing head, AmberBella, disclosed that the project’s originator, Tnise Liu Yang, had closed down all communication channels with her and the remaining members of the team. She stated that her attempts to recover stolen funds and address user issues met with total silence.
BoGX had initially promised strong Web3 integration but switched to Web2 afterward. The team did not remit Web3 salaries and lost significant accounts. Several contributors who had worked for months were not compensated.
Technical Troubles and Web3 Neglect
There were several technical issues in the testing phase. Web3 development took a backseat even though it was the main source of income. When members brought up the issue, the team banned them from internal forums.
As finances worsened, the situation escalated. Users accused the founder of failing to refund money received during the early access period. The team also shut down official social media accounts. The Web3 crew had no platform to communicate with the community.
AmberBella had invested significant amounts in BoGX but had no means to recover lost capital because visibility into company finances was not provided. The Web 2 development team quit the project too, another sign that the project had failed.
BoGX Compensation Plan Unveiled
As a response to this, AmberBella has pledged to redistribute the remaining 24.2 ETH to affected users. The process will be through ARB transfers in accordance with NFT ownership. It is a last-ditch effort to reward loyalists to the project.
The failure of BoGX puts into question the transparency of blockchain gaming. The players and investors trusted the game’s vision, only to see it fail due to poor management. The Web3 space relies on the principle of trust and such events undermine its credibility.
Despite the failure, AmberBella remains committed to the space. AmberBella admitted the errors and vowed to be open in future projects. Affected users continue to demand justice and hope that the case will serve as a warning to other blockchain projects.
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