10K Announces Project Failure, Airdrops Over $2.30M in Tokens to Presale Users

Watch-to-earn project 10kdotworld has announced that the project has failed due to presale pressure, bot abuse, and creator access issues. The project team stated that it has used the WATCHCOIN vault, which was originally intended for incentives, to airdrop WATCHCOIN tokens worth over $2.30M to presale participants. [Odaily Planet Daily News]