Good morning all

Today is a bit of an update on how our Project X node is doing. As i said before i was seeing it as a bit of a loss really,  our potential earnings were around $5 per week, not great but at the moment every little helps and i want to put as much as i can into our bitcoin fund.

Last night though there was a pre recorded AMA which i must admit was mostly undecipherable, it was pre recorded and you had a very short window on discord to put forward questions you may have wanted answers too. The main reason for the AMA was for the Project X team to tell people that they were introducing decaying nodes (the AMA before that was to tell us they were having a time lock staggered sell fee introduced which did not really excite anyone). They tried to say they would be sympathetic towards investors who have not ROI'ed yet (us lol) They also introduced maintenance fees a while back which were not a big deal as it was not expensive at 3% per node paid in Avax.

They were also trying to explain about the new blockchain they are building, and some galaxy tokens we could get, although they had no details about this, (We have already gone from PXT to PXT2 and back to PXT)

This all sounds very much like they are copying what one of the larger node projects has done and it did not help that project so i can't see it helping this one either. It does not seem like it would make this project Strong or Stronger....

Well we went to bed thinking the price would drop a bit................

When we got up, well discord was chaotic to say the least. The Progect X team had $20,000 stolen from the liquidity pool which was half of what was in there. As the day went on the Project X team had decided Paulo was the guilty party as when they changed the contract around 80 days ago he wrote some code that directed the tokens to his wallet 'apparently'. 

Paulo's guilt was decided as he was the only one in the team with the techical ability!! 'apparently'. There have been lots of people since it happened with many theorys but nothing solid yet, just a few very badly written Telegram messages with Paulo and Sid from the team.

A cynical person might say that there was a node project that was in trouble, did not have enough in the liquidity pool to pay out rewards and wanted to start a new blockchain, oh and where is the money going to come from for that.......Well i guess the truth will come out eventually, but we will have to wait and see.

As always, thanks for reading.

Price chart picture from Twitter.