Blockademia New rug pull?

Trying to extract ACI coins from the blockademie website. stays in pending mode. I was an initial investor and lost already a lot of value. Now can’t even take out the initial coins for investment. Support doesn’t reply.

Anyone some more info?

Zen

I have never heard about that project.

What exactly is it and is it somehow Cardano related?

it was started in 2021 on cardano. there are some post here if you search for it BLOCKADEMIA website and app still works , just can’t get coins out for a week
LinkedIn Login, Sign in | LinkedIn

Still no response from them, Just another crime syndicate stealing everyone’s money :rage:

The newest ones I find are:

Never heard of this project before. It’s not commonly known in Cardano. Possible that they just failed to realise what they planned and abandoned ship. Possible that they didn’t try (hard enough). Possible that they are still there and just really slow in answering.

yeah i know what it is , i invested in their startup 3.5k€ then which is now maybe 400 ?? the app is till there, they still promoted it a few months ago… their advertising , page and owner is still on linkedin.

they are just not replying, been trying for 2 months. I moved my aci coins to the wallet to transfer them into ADA again. i had to upload a few ada to do the transaction. it all went well. they just never arrived, it says transaction pending , and now of course also the ACI coins are gone …

i messaged the owner directly on linkedin and putting the pressure on them there as well.

this is the owner https://www.linkedin.com/in/goran-tezak-0822b0202/

??? Are you sure that has something to do with them?

To swap ACI back to ADA, you would usually use a DEX or a DEX aggregator like Minswap, Sundaeswap, Dexhunter, … Not under the control of the projects whose tokens are traded there.

Or did you stake your ACI with them? But then they wouldn’t have been available to be moved.

1 Like

i moved them to the transaction wallet that has a payout option
image

i payed the transaction fee seperatly, (it didn’t work otherwise) i’m expecting 3256 ACI coins to arrive in my cardano wallet, which they haven’t. then i change sell them in a dex or keep them

see status picture since a month

Okay, so you staked them in their system and they don’t process the withdrawal. Yeah, then you can only try to pressure them.

…, but maybe not that urgent. They have virtually no liquidity on the DEXes and are worth just a couple of ADA, e.g. Minswap: https://minswap.org/pools/f5808c2c990d86da54bfc97d89cee6efa20cd8461616359478d96b4c0ca435098447b7971a03fc08810a26bf492950a73ccf35fc9fe7d02e3083c228

Only chance that they could ever get more value again, is the team you are currently having problems with delivering something and that something then using ACI in a meaningful enough way.

got a reply from the owner… let’s see if they fix it

"Hi,

sorry, it’s currently the time of annual vacations and due to system upgrades, we expect everything to be up to date by the end of this month…

We’ll let you know."

and now they have taken their app offline… Disgusting individuals.