Is Day of Defeat a Scam Project?

Key Takeaways

Day of Defeat project has seen a sharp price drop of more than 96% on May 6th,2022.

Token Price Crash Of Day Of Defeat — Token Price Crash

Below is a quick overview of this project.

Day of Defeat has described itself as a social experiment with a radical deflationary mathematical model which will keep the price of DOD tokens rising continuously. The team of DOD has fixed the first and final price in the smart contract mathematically. Therefore, all final holders will get 10,000,000 X gains.

Here is the contract address: https://bscscan.com/address/0xc709878167ed069aea15fd0bd4e9758ceb4da193

According to the information provided by CerTik Team, $1.35M worth of assets were sent to EOAs from DOD contract-related addresses. The involved EOA addresses are:

After the Day of Defeat team was notified of this attack, they have twe e ted that, We are currently investigating this situation, our marketing wallet and transition wallet was compromised by an outside hacker. We have reported to Binance and local authorities.

According to the official statement on their Telegram channel, there was a major sell-off by the marketing wallet and transitional wallet. But as of now, the contract is safe, and they have switched to new wallets. They have also apologized to all our holders for this unforeseen unfortunate event.

At present, all coins are concentrated in one wallet, which is a wartime wallet. However, since hackers may have also obtained the private keys of other wallets, so the team has newly established this wartime wallet to prevent the coins from being stolen again. In addition, they have freshly created a multi-signature wallet to increase the security of the project.

Here is the token address: https://bscscan.com/token/0xc709878167ed069aea15fd0bd4e9758ceb4da193. It has a supply of 53,471,234,195,676.999901 tokens. Currently, 52,332 addresses are holding it.

We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert.