According to Qubetics’ own statement, a “critical error” hit the vesting contract during the live airdrop. The plan was to unlock 10% of tokens right away and then release 90% over the next 90 days at a rate of 1% per day.
Within hours, community forums lit up with cries of foul play. Many wallets showed a fraction of what they should have received. Heavy sell-offs by early holders made matters worse. Based on reports, the token’s crash was as much about panic selling as it was about the initial coding mistake.
Roadmap items include cross-chain bridges and on-chain governance tools. Even now, the team insists that long-term holders will see value once the tokens flow correctly and the network goes live. It’s a big “if” for many investors, but Qubetics said it is sticking to its plan.
Featured image from Unsplash, chart from TradingView
