Qubetics crypto price collapses 97% amid airdrop turmoil
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Technical Issues and Blame: The TICS token, associated with the Qubetics blockchain protocol, crashed 97% due to critical errors in the vesting contract during its airdrop launch, which the team attributed to an outsourced development team rather than their core team.
Commitment to Recovery: Despite the issues, Qubetics assured that all eligible wallets would receive their full token allocation and reaffirmed their commitment to developing a layer-1 network for the Web3 ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
