Recently, in response to the public opinion about ares protocol on the Internet, Ares protocol officially declared that the incident originated from the CEO’s exit dispute, and the malicious slander caused by the unsuccessful exit negotiation. His extreme remarks such as “the founder controls 45% of the token”, “no token is allocated to any community members”, “the founder self invents and self directs the pledge token to induce retail investors” are untrue and discredited.
Fred used to be in charge of Ares marketing, managing the accounts of Ares projects (including: telegram, twitter, medium, discord, etc.). Due to his lack of development concept and his own ability, he withdrew from the negotiation at the end of May 2021, but the negotiation failed. He maliciously slandered the project by using the project account (no different from being stolen) and repeatedly threatened to ask for higher interests.
In response to malicious remarks, the evidence is as follows:
Response 1: the founder controls 45% of tokens as untrue statements.
The Ares token is distributed in seven pools, each of which has its own specific function. The founder has also made it special for the pool, and all transfers on the address are well documented.
Token distribution address:
1. Team 20% (never used)
address：0x065c4b7de1c25aeb1ab021461a0f6f56cc38b7cf
2. Ecological construction, slot auction, etc. 20% (never used)
address：0x5823d913646ec6bc5d14cb0a0c8705395710df5c
3. Pledge mining and mobile mining pool 20% (pledge mining officially started on May 13, about 0.1% has been released at present, and the rest has not been used)
address：0x9408953119fea0612e6a7bd8b9af03cd66baeb56
4. 20% is used for financing and public sales (more than 13% is left at present, and the total market circulation is 6.8%)
address：0xbcaf727812a103a7350554b814afa940b9f8b87d
5. 10% reserved by the foundation for future project planning and strategic cooperation (never used)
address：0x83779cfb3816301b06f526b726328304e191f39c
6. 5% of consultants are used for senior talents and institutions that can bring good help to the development of the project. At present, there is no Consultant (never used)
address：0x8631d23d4a6a4648fe352dbdb28640740765e95d
7. 5% of community construction will be used for ares global community construction, activities, etc
(the cost of airdrop and reward in community construction is small, and the rest is unused)
address：0x8631d23d4a6a4648fe352dbdb28640740765e95d
Based on the above description (for personal reference)
1. The founder has never dumped any tokens, and has achieved exclusive use
2. In the normal process of financing, there are also some organizations that politely refuse to invest. If we cut leeks, we don’t need to care about how much they have. Their ridiculous remarks are extremely shameless. Ares seed wheel 0.006u, community wheel 0.015u, Ido 0.03u, the price is still far higher than 0.03. Ares has been officially approved by Web3, passed Grant’s application, and delivered the code within one month; The value has also been recognized by the market, and the performance of the secondary market is remarkable.
3. Ares attaches importance to the community and the market. Ares has airdropped many times to the community. Ares has set up a main group of English Telegrams (at the most, there are more than 30,000 people), and 23 language groups with community administrators of corresponding languages in each community. As for the departure of the community manager, it’s normal for people to go in and out because of their family, ability to work and Fred’s instigation. He exaggerates and attacks.
4. Blancer LBP is a price discovery balancer. It follows the Reverse Dutch auction. Before we started, we repeatedly prompted that we should recognize the rules before participating. We also paid attention to the users who bid at high prices. After listing, we airdropped 1000 ares (the price was about 0.2u at that time) for each address of users who trade at more than 500U in blancer LBP, so as to make up for the loss of community users, It’s a real conscience project.
5. The code is not bought, but developed separately. There are not many technical talents for the development of substrate in the blockchain field. We have adopted the way of distributed collaborative development, but all for one purpose. We hope that the main network of Ares will be launched as soon as possible, and the scene will be implemented as soon as possible.
6. Ares is not a pure Chinese project. It is just a project initiated by Chinese people. Adhering to the spirit of blockchain distributed cooperation, Ares has focused on the world from the beginning, striving to become an international high-quality project. Our early coo and more than 20 community managers are from different countries and regions. We will also continue to focus on internationalization. Because of the impact on the account, we are confident to rebuild and continue to radiate new vitality.
7. In order to make ares develop better, we can only invite out the team member for those who are not doing anything or lack of ability in the team. Externally, Ares always keeps an open attitude to welcome all the people and resources who can make the project bigger and stronger. That’s why we left the token pool.
Specific token allocation and release rules:
Token release rules public information:
https://aresprotocol.medium.com/ares-protocol-tokenomics-8d0b7a71d011
Response 2: it is untrue that no token has been allocated to any member of the community.
So far, Ares protocol has conducted three rounds of airdrops and issued more than 1 million tokens in total.
First round: 2700 community members were airdropped.
Inquiry address: https://link.medium.com/UtIpWf2bVfb
Second round: airdrop public inquiry address:
https://docs.google.com/spreadsheets/d/1g2Jsi85UqUI7CXTp5RJau4PGw70VdMbHkkLyI6GD_ fM/edit#gid=0
As shown above, it is untrue to say that no token has been allocated to any member of the community, which is malicious.
Response 3: In the slander speech: the founder transferred 15 million ares tokens to gate.io . As shown in the token distribution rules above, this part of the tokens is the initial circulation, which is the team’s disposable part and is used for normal project operation. There is no self editing and self directing, and it has nothing to do with inducing retail investors.
Response 4: the original account is invalid and a new account is enabled
Here, we also officially announce that from the date of this announcement: all the following accounts will be invalid, and any comments made by them will no longer represent the official position of Ares protocol,
Invalid account:
Website: https://aresprotocol.com/
Email: info@aresprotocol.com
Telegram: https://t.me/aresprotocols
Twitter: @AresProtocols
Medium: https://aresprotocol.medium.com/
Discord: https://discord.com/invite/gWGG63zJVk
The new official account number of Ares protocol is:
Website: https://aresprotocol.io/
Email: info@aresprotocol.io
Telegram: https://t.me/aresprotocol
Twitter: https://twitter.com/AresProtocolLab
Medium: https://aresprotocollab.medium.com
Discord: https://discord.gg/EsaFRr7xmc
Github: https://github.com/aresprotocols
Response 5: the next plan of the project
1. Kusama’s slot auction has launched Mars parallel chain network and successfully deployed crowdsourcing module. The reward details will be announced soon.
2. The launch of the next version of gladios test network is related to the promotion of product function research and development. It can make the defi project get more secure and reliable price service.
3. For the development of the community, we need to recruit ares ambassadors and community volunteers, so that more small partners who want to know ares can participate in the Ares family.
4. At present, we also actively cooperate with ecological projects closely.
5. Ares will set up the ink ecological fund. Welcome to use the ink contract to build the defi application. You can get all kinds of data on the chain for free.
6. The Ares ecological marathon welcomes individuals or technical teams who use the Ares Oracle service to participate in the ecological construction, and will provide rich funds to reward participants.
In the end
Rumors stop at the wise, and justice lies in the heart of the people. During the start-up of the project, I met many people who were not well behaved. Unfortunately, I encountered discord within the team. This is a common experience in the early stage of many projects, but we believe that this is only a small twist in the long development process. We will overcome all difficulties and continue to devote ourselves to technological innovation and development in the field of Oracle. We will soon launch the test network, and we are looking forward to working with the community to get rid of the fog and move forward hand in hand, waiting for the answer given by time.