oh trust me it will, started planning on it…
2 Likes
First steps i suggest team does:
-
ADMIT that you were part of collusion, that resulted in theft or thousands of people loosing money.
-
Decide on which side of this issue you are on and MAKE A STANCE with ACTIONS!
Continue. Only if you agree with first 2 in some shape or form…
- STOP treating people who did not convert as lost relatives, 2nd class citizens and give them voice.
Do not downplay messages, move them to support, and play the vinyl record of … but what about 150 days… noOnes fault that you did not check discord… just stop, please that’s insulting, you ALL clearly know what happed.
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Create Channel(s) in discord for people like us, and start collecting information about it. Direct people that are in this “class action law suit” there in that channel.
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Crate google sheet to collect personal data to reach people, whatever people want to leave, plus wallet address and balance, aprox date when they acquired wmemo
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Make public announcement on NEW + OLD!!! Discord that that’s what happed and most importantly DETAILS, spell it out in NUMBERS, like if you want to help, BE HONEST…
Like hey 90% of our team was against it, here are votes, and we did not communicate efficient enough to get more people converted sooner, and that’s what happened, as a result X, Y, Z, SHOW PEOPLE Numbers, Why person who lost money should do it on the forum here, and not U who have all the answers, and have data, are OPEN and HONEST about it? What does it show us and soon rest of the internet/crypto community?
-
Make similar post … if you were affected by the vote, limiting your time to convert and lost more than $100… read this… whatever… direct people to funnel where info will be self observed by them and info collection…
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Analyze the data as it comes in and adjust the process. Report weekly/biweekly in publicly visible discord to all members or new channels created.
in form of … As of today, we collected X records with aprox WMEMO lost…
No verification, no claims no conversation, just information campaign and data analysis to UNFUCK IT!
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Gather feedback from others in the channels other “LOOSERS” and adjust the process to reach the ultimate goal… simple damn GOAL, REACH AS MANY LOOOSERS AS POSSIBLE with CLEAR MESSAGE of the problem and RESULT OF IT.
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when u collect 50-100 people in that funnel, HOST AMA, call same week, and allow people to speak, don’t down play it, minimize their voices. LEARN FROM IT, Don’t tell people who lost $1500 to move on, DONT! never do that! Bad KARMA!
allow for debate type of questions/format with people/not team who were for proposals, please make it voice call not chat/text/forum.
- when you collect 200+ people, with estimated balance of wmemo that should swing the vote, MAKE NEW PROPOSAL HAPPENED.
Hope you get my plan, feel free to ask me direct actionable questions (if you say u care, u will)
The plan is not perfect, but it is doable and actionable.
The choice is simple either U OWN UP to your words and promises and do it with US, or we DO IT W/O, with A TON more actionable items, daily tasks by hundreds/thousands of people with money that want to ruin the reputation by collective they have been hurt by.
So we be friends or Foes… simple man!
3 Likes
TLDR:
First Steps Suggested for the Team:
- Admit Involvement: Acknowledge your part in the collusion that resulted in many people losing money.
- Take a Stance: Clearly decide where you stand on this issue and demonstrate it through actions.
- Respect for Non-Converters: Stop treating those who didn’t convert as inferior; give them a voice and stop dismissing their concerns.
- Create Communication Channels: Set up Discord channels specifically for those affected to gather and share information.
- Data Collection: Establish a Google Sheet for collecting personal data, wallet addresses, and balance information.
- Public Transparency: Make a public announcement in both new and old Discord channels detailing exactly what happened, with honest numbers and voting results.
- Direct Information Funneling: Guide affected individuals to a specific information and data collection point.
- Data Analysis and Reporting: Regularly analyze the collected data and adjust the process accordingly. Report these findings openly in Discord.
- Feedback and Adjustment: Collect feedback from affected individuals to improve the process and communicate the issue and its impact clearly.
- Open Discussion Forum: Host an AMA after gathering a significant group, to facilitate discussion and learn from the affected individuals.
- Proposing Change: Once enough people are involved, initiate a new vote to address and rectify the issue.
This plan is not perfect, but it is actionable. The choice now is to either collaborate and take responsibility or face collective action from those affected. Let’s aim for cooperation.
2 Likes
To your points, firstly I don’t know what you want us to admit. Our role simply is to execute what was decided by the vote. That’s all.
I don’t think we’ve ever treated non-converters as inferior. If we had, said mod wouldn’t have spent hours conversing with you even when the conversation was going around in circles. The fact that we created dedicated 1-to-1 support channels for people who missed the migration is exactly to show that we care and want to dedicate our time to explaining the situation to each and every one of them.
And anyone can start a proposal for a vote. If the proposal is good enough, simply ask a 1% holder to sponsor posting it on Snapshot. But as it was mentioned to you, it is highly unlikely that people would vote to essentially lower the backing of their token. It is not an ideal situation but lets recognise reality.
So whilst I appreciate your actionable steps, they unfortunately won’t give you the result you seek. The team only works in accordance with what was decided by vote, and the voting system only allows VOLTA holders to vote. Any changes to that would require a vote to change it. That’s how a DAO works. The team, while given power to make executive decisions, cannot go against voted decisions even if it conflicts with their plan.
Hence, it is not that we intentionally shut the doors on you. But this is the current situation whether you like it or not. The team is servant to the DAO and will execute whatever decisions the DAO makes.
To your points, firstly I don’t know what you want us to admit. Our role simply is to execute what was decided by the vote. That’s all.
Exactly what you just admitted again with your response.
Thank you for showing your true face and complacency with this scam, and which side you are own.
Simply put If you were part of the project, Prior to any conversion, You were to execute PRIOR VOTES and VOTINGS of WMEMO PROJECT.
If all PRIOR agreements were NULL AN VOID, please POINT ME to Governance documents/votes by OLD DAO that ratified that, where complete NEW SET OF RULES were established. Where rule, that publicly stated that allowed for members/investors to check in once per quoter with statement/release on discord/twitter.
WHERE IS THE Q3 RELEAE MENTIONAING THE DAMN DEADLINE!?
Does not violate the prior promissed to ME and OTHER Thousand of Investors?
WHERE U NOT SUPPOSE TO SERVE THEM? AND EXECUTE/BLOCK ON THEIR BEHALF?
I don’t think we’ve ever treated non-converters as inferior
hope u’re not fking serious with this response?
Thats why we’re talking in the the forum, with 15 replies, and not in DISORD MAIN ROOM, Or separate room? WITH NO MESSAGED DELETED, SPECIFICALLY ON THIS TOPIC?
U’re JOKE, U JUST LIE, (that u cared and against it) U KNOW U DO. U KNOW U ARE PART OF THEFT, U WERE NOT STOPPING IT, U DID NOT EVEN COMMENT ON THE FORUM THREAD, ANYTHING AGAINST IT, U ATTACK PEOPLE ON TWITTER WHO SPEAK OUT with SIMILAR THOUGHTS.
HOW the Fk PEOPLE WHO DID NOT CONVERT YET, WERE SUPPOSE TO KNOW ABOUT THIS VOTE AND READ ANY DISCUSSIONS ABOUT, THE ONES THAT ON THE NEW SERVER (THEY DID NOT CONVERT TO YET, THE DISCUSSIONS THAT ARE HIDDEN FROM THEM, AS THEY DONT HAVE ACCESS) … why do u continue to insult my intelegency with your immature irresponsible long winded responsed? Why ask for action items.
Why not Just roll with some of the action items i proposed.
U Hope thousands of PEOPLE WILL NOT COME BACK TO CLAIM? U REALLY DO?
I GAVE U THE CHANCE TO START Picking your self from a pull of shitty mud.
U of course chose to piss on it, and IGNORE, otherwise, THIS PUBLIC ROOM WOULD HAVE EXITSTED 5 hours ago!
It really is pointless to engage with you, as you are unwilling to be responsible to investors.
Now will just have to make it a PUBLIC FIGHT and ONE U WILL NOT WIN.
When did existing WMEMO investors votted to adopt new VOLTA?
ONE MORE CHANCE DUDES to redeem yourselves(this message to ENTIRE TEAM)
ANNOUNCE PUBLIC AMA, HOST IT, LET OTHERS SPEAK OPENLY!
U stole millions of $… now u just playing dumb.
that’s that simple.
Last chance
1 Like
who told that’s more productive and what people want? by dividing and hiding people voices and deleting messages. We dont need 1-1 support. WE NEED PUBLIC DEBATE DISCOURSE. these messages need to stay public.
as if u are against the vote(which i strongly) dont belive, unless u all have some sort of fked split personality, and thats a criteria for this project, if u are against, U would want to prove the point, and showing that people, that in your (still ) opinion were wrong,… Look, this is what we’ve done with this vote…
look, just loooook…
WHAT HAPPNED TO WAGMI???
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As stasevich said 1-to-1 “support channels” don’t help because they are not visible to the general conversation.
I don’t understand how various members of the ‘team’ keep stating that it was the intention to keep manual migrations open indefinitely.
As per the comment made by Catalyst … the “security vulnerability” was from the “automatic ones” (automatic migrations).
So the TEAM knew about this and could have easily allayed the concerns of the Volta holders.
Then, conveniently an unknown (seemingly still unidentified) individual posts a CMP to “End manual migration”.
As this individual did NOT have the sufficient holding required to “create a new CMP vote on Snapshot directly” why did a TEAM MEMBER sponsor it if the actual intention of the team was to keep manual migrations open?!?!
NOTE that in this image it is stated that “… if they hold at least 1% of the circulating supply of wMEMO.”
This vote by a VERY SMALL MINORITY (actual holders I mean) to wipe out the INVESTMENT of a significant number of people is an abhorrent action. Many people will have lost sums of money so a few could hold a larger stake.
It is a very short sighted approach. And to blame holders for “not participating” or “that’s de-fi” or “crypto is very liquid so you have to stay active” or … any of the other multitude dismissive comments made in the discord by members of the TEAM and others only serves to damage the reputation of crypto in general. That isn’t good for anyone.
And if you think otherwise … that a few hundred odd holders can gain when tens of thousands of people will come after this – all I can say is Good luck!
1 Like
TBH I don’t know where to even start with my replies to you because you seem to be all over the place, and I really don’t appreciate the usage of all caps. But I’ll try.
Thank you for showing your true face and complacency with this scam, and which side you are own.
Simply put If you were part of the project, Prior to any conversion, You were to execute PRIOR VOTES and VOTINGS of WMEMO PROJECT.
If all PRIOR agreements were NULL AN VOID, please POINT ME to Governance documents/votes by OLD DAO that ratified that, where complete NEW SET OF RULES were established. Where rule, that publicly stated that allowed for members/investors to check in once per quoter with statement/release on discord/twitter.
I don’t want to see myself as taking sides. Being a token holder myself, I am eligible to my own views and I express them through my vote. But in my role as a moderator, my role involves educating and promoting discourse about the various topics of discussion, including this one.
As for governance matters, no new rules were introduced in the period prior to migration and after migration. Also, I don’t think we need a rule to tell investors when and how often to check on their investments. I have no idea what Q3 release you are referring to, but the team can only execute a DAO vote. There is no way, other than voting with our own wallets, to block a legitimate vote from being cast. Any and all team interferences with the governance process would jeopardise the structure of the DAO.
U’re JOKE, U JUST LIE, (that u cared and against it) U KNOW U DO. U KNOW U ARE PART OF THEFT, U WERE NOT STOPPING IT, U DID NOT EVEN COMMENT ON THE FORUM THREAD, ANYTHING AGAINST IT, U ATTACK PEOPLE ON TWITTER WHO SPEAK OUT with SIMILAR THOUGHTS.
HOW the Fk PEOPLE WHO DID NOT CONVERT YET, WERE SUPPOSE TO KNOW ABOUT THIS VOTE AND READ ANY DISCUSSIONS ABOUT, THE ONES THAT ON THE NEW SERVER (THEY DID NOT CONVERT TO YET, THE DISCUSSIONS THAT ARE HIDDEN FROM THEM, AS THEY DONT HAVE ACCESS)
I think it does not serve anyone with these generalised and inflammatory statements. I did comment on the forum thread as seen here:
I don’t think I’ve attacked anyone on Twitter over this issue. I don’t think I’ve even replied to anyone regarding this if my memory serves me right. I did, however, post a thread about it my twitter account as seen here:
Regarding access to the new server, anyone is able to join it. You do not need to be a migrated holder to join. And once you join, the channels are made available to you and you would be able to see all the discussions. The only sort of discussions that were “hidden” are those in the VIP channel, which is for holders only.
as if u are against the vote(which i strongly) dont belive
You can see my vote in the CMP here, I got nothing to hide:
Furthermore, I have also spoken up on Discord about my thoughts on the morality of this vote and the implications of it for this project as seen here:
if u are against, U would want to prove the point, and showing that people, that in your (still ) opinion were wrong
I prefer to express myself through my own vote. And I also recognise that people might not have the same opinion as me and that’s fine. I don’t have to prove any point, I’d rather do what’s in my capability.
So, if you ask me, and I’ll be very frank and honest here, the only way that the CMP can be reversed is via another CMP to do it. The way the proposal would have a higher chance of success would be as follows:
- Have a very good reason why migrations have to be reopened. This reason has to be so pertinent that it would convince people to give up their selfish desires and lower their current token backing.
- Considerations have to be made for people who already sold their tokens because they missed the migration. How would they feel when they have taken the hit and now they could migrate again?
- How to conduct such an operation should migrations reopen? Manually doing it is extremely time consuming for everyone on the team. For context, each manual migration request go through a series of back and forth interactions (opening request, Team check source of wMEMO, request for wMEMO to be sent to the migration contract, Team check that wMEMO and the right amounts have been sent, placing into a batch to be sent corresponding VOLTA, Team check that correct amounts have been sent). The entire process for every migration request takes 2-4 days to complete.
So I hope I’ve clarified some of the points, and that we can engage in proper discussions instead of using this as an outlet to vent frustrations. I understand that this can be a very stressful situation, but this is not the place to lash out over it.
Honestly I can see three highly valid reasons, as explained in my opening posts:
- Communications - I’ve shown ways it was not on point and clearly confusing. In a clear comparison, Twitter has been rebranded to X.com since months. But for months now BOTH names are still in use across the board. It was not a case of one day (28th August 2023), everything just changes with bare minimum mention to the old brand (literally zero mention on Twitter as pointed out above) and then in the Q3 Treasury Report zero mention. If I can give kudos to one team member who seemed to understand the urgency and the potential confusion, on looking back it would be @Djinn, but unfortunately he does not have the same reach as the actual main platforms:
https://twitter.com/REAL_GinNSonic/status/1739603226796642534
https://twitter.com/REAL_GinNSonic/status/1740703176884633776
https://twitter.com/REAL_GinNSonic/status/1741088832915738864
He was able to post 3 times about it, including Wonderland name in the Tweet - why wasn’t there more communication like this from the page with 137,000 followers.
-
“Active Participant” - those who wanted to plough ahead with the vote seemed to get behind the term “active participant”, when WIP #32 states a minimum quarterly check-in, this should have been advised by the team. Given the time of the vote team could have proposed Febraury/March as a better time.
-
Team Member sponsoring the vote and voting yes - you can’t really say that “we wanted to keep migrations open if that happened”, the team is the team and a member did that while migrations were extremely low. How many people could have even sponsored a vote at that stage with around 20% of migrations taking place? It was a borderline abuse of power for a DAO.
On the considerations for those who have sold - you have your date from early November, why not just stick to it or come up with something to stick to it? And why is the team not actively looking to make suggestions around how they can fix some of these problems.
On how to conduct migrations - simple would be to start with migration windows same as redemption windows. Not perfect, will come with its own problems, think through them and there is a way forward. Time, money and communication will go a long way to increasing the numbers. Could the automatic migration windows be opened for short periods, people go on a waitlist, the team can batch process then or come up with a solution once a security check done?
Who’s to say as part of a communications effort to get more people to migrate you could only do them when X amount of spots have been filled, i.e. when the waitlist gets to 500 holders then batch that group. Creates a sense of urgency within those who are on the list to spread the message across platforms and helps the team. Once 500 are done next waitlist opens for the next etc…
3 Likes
yes and pathological liars, thief and cliptomaniacs are not aware that they are doing something wrong either.
you can hide all you want behind you i dont think we did, and your simple diversion tactics to wrong part of the argument.
Like i said HOST A CALL WITH WMEMO INVESTORS!! SCHEDULE IT ANNOUNCE IT ON YOUR TWITTER AND HOST IT.
Q: WAS THERE A DAO VOTE TO MOVE TO VOLTA? What % of wallets VOTED?
PROPOSAL/VOTE TO END CONVERSION IN 30 DAYS…
Q: WHAT % of WALLETS VOTED?
Q: WHERE DID U OR ANY OTHER MEMBERS OF THE TEAM, KEY FIGIURES LIKE TREASURY, SPOKE OUT AGAINS IT PUBLICALLY? SHOW ME… DONT GIVE YOUR 5yo I did not take this cookie response, SHOW ME, PUBLIC STATEMENTS AGAINS IT!?
Q: HOW CAN U ACCEPT THE VOTE FROM NEW DAO, BUY ONLY ALLOWING CONVERTERS TO VOTE, AND SEE DETAILS OF THE VOTE… DURING A DAMN FUCKING CONVERSION?
U must not be from US…
It would be like Nebraska deciding to call an ELECTION for an Entire country, on the hour 2 of the election, during a DAMN ELECTION!!!
honestly dude, i can see through you by now, u’ re just wasting our time pretending to care, and denying contradicting statements else where.
you are just a puppet, real masters behind you, they are too afraid to speak up and own up to this scam
STOP with the lies, I JOINED, i can see SHEEEEET on DISCORD!!!
what you all DO NOT GET or playing DUMB, by posting VOLTA CLUB twitter posts as supposed justification of communication
IS SIMPLYTHIS:
WMEMO TOKEN HOLDERS THAT U DID NOT MANAGE TO CONVERT, AFTER U MADE A DESCISION TO CONVERT, DID NOT FOLLOW A DAMN VOLTA CLUB TWITTER NOR NEW DISCORD!!!
SIMPLE
GET IT THROUGH YOUR HADS.
U FAILED TO GET PEOPLE FROM POINT A TO POINT B!!!
U FAILED, NAMBERS SHOW U = FACTS
YOUR… I DONT THINK WE DID/DIDNOT. COMNENTS = OPINIONS.
U DID NOT GET PEOPLE TO COME AND SEE WHAT U NEEDED THEM TO SEE,!
SO YOU AS A TEAM WHERE IN THE MIDDLE OF EPIC FAILURE AND U HAD ALL PROOF U NEEDED.
ALL YOUR 150 days, comments… are MUTE POINT AFTER THAT!
I really hope ure not that dumb to get this simple point, u’re just trolling us at this point…
look one last point
Im an it person of 25+ years who runs SAAS company, i can estimate unit economics of task of manually converting token. 15-20 minutes MAX of time spend, NOT SPAN FROM OPEN TO CLOSE (LENGHT) but TIME SPENT!
Solution A: bunch them together = > process them 1 time per 1/2/4 weeks
Solution B: charge fee/tax for it(small but enough to cover the cost) say 5% tax, $10 min.
If you dont have resources = hire them, u can afford it, huge war chest of stolen money.
problem is gone… if you continue to BS us about these topics i will make them public for future investors, which will be less and less with every 10 tweets/posts/retweets and every youtube videos that will come out.
Unless of course its not the goal of the project to gain size, u just want to wind this shit down, to yet next epic failure/rebranding, to see more people fall off, so u can inflate your tiny share to feel even more significant…
Cause honestly thats exactly all you’re doing by comments like this
- Have a very good reason why migrations have to be reopened. This reason has to be so pertinent that it would convince people to give up their selfish desires and lower their current token backing.
Seriously, WERE ALL THESE PEOPLE RAISED BY WOLFES? THEY DID NOT HAVE PARENTS TEACHING THEM TAKING WHATS NOT YOURS WITHOUT THEIR KNOWLEGE AND AGREEMENT IS THEFT!?
WTF ! WHO DO U REALLY THING U TALKING TO HERE, are u even human?
Wonderland investors group consisted of different folks, of differnt backgrounds, professions, levels of intelegence.
I’ve been in IT,since the time, im sure u were running under the table sucking on momys titty, but I DID NOT HAVE FULL UNDERSTANDING of VOLTA CLUB MIGRATION, Im not talking about deadline, that I was not aware of,we’ve established the fake vote illigimacy and failure to comunicate, so different point.
i was not 100% unless i needed to spent hours more of time catching up/figuring out.
I thogh maybe its another BetsWapp deal, where i have to proof that i have WMEMO to get some new tockens at first, then in november before holidays, i spent some more time reading and it was more clear still not 100% thats the deal, i had to invest even more time…
So u’re basically take peoples $
U HOLD THEM
U DECIDE TO DO SOMTHING = which TRANSALTES into people having to jump through hoops(TIME WASTE) and u expect them to do it yesterday, or think that 150 days is enough
noitice the pattern = U
U decided all these things, YOUR TEAM NEVER POLLED the REAL WORLD OF WMEMO investors to validate THESE FALSE ASSUMPTIONS!
so again, u can get offended all u want.
I am still convinced that YOUR TEAM IS IN ON THE SCAM!
Other choices: Dumb, Incompetent…> thats all you get from me at this point.
Look again why are we talking in this god forsaken forum that noone sees? Why the top Gs of the project not publicly addressing the issue? why not hosting ama?
Answer is very obvious and simple…
From what I can understand, the biggest problem is that the team didn’t communicate properly. As a result, all other teams have failed, since if the team had communicated properly, there wouldn’t have been an issue. Please correct me if I am wrong on that.
I am on the opinion that the team did do all they could.
Twitter:
The team isn’t responsible for the number of engagements and, therefore, the number of users who have seen the tweets. If we look at many big and important Twitter accounts, we can see that the views can be worse off than the official Wonderland Twitter.
I will leave 3 examples of random twitter accounts and random tweets:
BBC Press office - 220k followers 7k views:
Adidas - 4.3m followers 110k views:
BAT - 260k followers 10k views:
Also, if you look back at old tweets, there isn’t much of a difference in the views compared to now. As pointed out with much larger brand accounts, the number of followers isn’t representative of who will view the tweet.
Time:
Another example is the Time token. Currently, on Avalanche, there are 34k holders. What about them? What about all the time they had to convert to Memo? What about Memo holders who didn’t wrap? There are 310k holders on Avalanche. Why don’t you say the team failed them as well?
While I do agree that there are areas where the team is lacking, I completely disagree that the team has failed its holders. At the end of the day, you are responsible for your investments. “Stake and chill” works until something happens. Also, I am not sure if it is you, but someone with the same views did acknowledge they saw there was a migration, but at the time, there wasn’t a deadline, and they chose not to do anything. Not even check for 2 minutes.
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I don’t think comparing an URGENT need for people to transfer their wallets/money close to $100 million to a new token is quite comparable to the BBC putting up a Tweet about a David Attenborough TV show or other completely trivial Tweets. I would compare such a Tweet and the others you have inserted more like the GIFs and yacht party Tweets by the Twitter page of this DAO.
And again, my issue as I have tried to explain to the team is not about the number of views of the tweets, it’s KNOWING you are getting low views which clearly means not enough people are viewing your tweets so in order to get more views you need more volume of tweets, understand?
If I post once and get 8,000 views and that’s it for a month, then views for the month = 8,000
If I post 10 times about something in a month it’s 10 x 8,000 = 80,000 views and a greater spread of people within that 80,000
Posting once is not enough, this is exactly what Djinn did he posted 3 times with 5 days to go with urgent and the #Wonderland in his tweet but the guy has like 60 followers so it’s not going to be enough.
The team simultaneously talks about doing everything they can in terms of communication while “not hyping” the DAO. I don’t see how they can run together. Back when this started, Wonderland was pretty much built on a guy (like him or not) who was a marketer. Dani communicated non-stop about the frogs everyday (volume of views). The page could be silent more or less and just follow with the basic announcements similar to what’s posted on the Discord. Now without a member like that the team needs to be more public to get these projects over the line and that is what they are, projects (rebrand and migration of thousands of holders).
And you are correct I did see a note about migrations, but nothing about deadlines even after the migration deadline was imposed, so there’s a mistake on my side, happy to admit 100%, but why does the team not even acknowledge that things were not on point from their side too? No one has referred to my post about WIP #32, is it just something to wipe your ass with or is it there to determine if the team is performing well or not?
Jigsaw-puzzle communication. There’s a standard WIP #32 that a team is held to in order to take a few million dollars from this fund, why can they not be questioned when they don’t get some very basic things right and just absolve themselves of any mistakes. My opening post about is about the team and how they ran the project (new brand and migration), the numbers that they converted speaks for themselves, their project failed, so what they just carry on? Do you honestly think not even mentioning that “Wonderland is now Volta” on Twitter in the last few months is acceptable? It seems rooted in the idea of “not hyping”. There’s thousands of holders, that requires hype unfortunately, go make a new fund if that’s what you’d prefer. Well now there kind of is one, but 73% of it was taken from previous holders so yeah, little hype, new fund, successful job by the team (or at least one member of it)
The mark of people absolving themselves of a problem they created is not acknowledging they have a large part of it and not coming up with any possible solutions. As a result, because I do not see them coming up with anything and I don’t see a vote by the 27% of migrated holders coming up the only way I think it’s solved is if a new team comes into place who’s interest is in all token holders, communicates well across the board and acknowledges mistakes, and is interested in growing the fund AND hyping the project, in other words marketing it. This team went and created a project and a new governance token without a vote, created problems from their way of delivering the project and now lost 73% of holders, I don’t see why they should continue to be honest.
3 Likes
Seems to be a lot of going in circles, so let’s focus on what’s missing from this NCV proposal.
If the vote is posted and passes, then what ? Who handles the post no-confidence work? How do we get back on track as a protocol ? Who will put in place the will of the DAO if there is no one left ?
We’ve voted on proposals in the past that were lacking in similar details and it came back to haunt us. Let’s say everyone agrees the team should be fired, we would need a plan to keep moving forward. Otherwise, this is more or less a wind down vote and no one is going to be better off.
On the other hand, if there’s a NCV and the result is to keep the team. Then what ? Migration is still over. All these issues become irrelevant ? People still lost money. I guess it could serve as potential feedback for the future decisions.
But no problems were fixed.
I’m honestly not sure how actionable this vote is. In it’s current state, one way or the other, the DAO and the community doesn’t get out of it in a better shape.
@NalX thanks for your reply and it’s pretty much what I would like to see from the team, opening a dialogue about a proposal, discussing parts that might be missing and how it could be improved.
It’s rather unfortunate that there were zero similar comments, such as what’s missing, future problems etc. posted under the “End of Migrations” vote and forum post from a member of the team despite the team saying they would continue migrations. [CMP #1] - End of Manual Migrations - #15 by tonicrt
So you are correct, previous votes have come back to haunt the protocol due to lacking details.
Around what would be done I would be open to the suggestion that each department would see a vote to be honest. I am sure there are ways which members would be more positively looked at than others so perhaps not a full wipe out would be needed. I think it could serve as an important step reputationally for the “rebrand” and a clear view as to what would be deemed acceptable or not from team members, otherwise what is WIP #32 for?
Open to suggestions and proposals on a full team NCV and what would be needed.
I have praised certain team members, I do not know their official role but people like Djinn clearly seemed to understand the urgency around the migration more than others from his Twitter. I would be of the opinion that an interim team made up with people like him could take on the rebuild if a full NCV was to proceed and go through and attempt to learn from mistakes and build a better Wonderland/Volta from all of this.
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While I understand what you mean (I think at least), it seems a bit weird to ask the team members, as a group or individually, to start a discussion around the plan to fire themselves 
I guess the first question is, is this meant to be a real NCV or more of a “conversation starter” ?
If this post is meant as a discussion to expose some issues and have discussions around potential improvements for each departments/lack of faith in an officer’s competence, then it would have to be a lot more detailed imo. For example, while your post included some of the issues with the department, it doesn’t really talk about the positive things that department has done (if nothing, then you can say that too) and maybe how it could/should have been done better based on w/e WIP #32 says or something else.
If this post is meant to be an actual NCV, then we need you or whoever is willing to help you to set the stage for all of it. And while the team help/participate in the conversation/planning, the proposal should also not expect the team them too. Most people would not be a fan of getting fired from your boss, but having to keep doing the job for X amount of time while they figure out what to do
Splitting it would probably easier either way, but it also doesn’t mean one would not resign even if they are not part of the NCV given the situation.
Team members/titles can be found in WIP #32 here, excluding Me/Compliance Officer since Feb 2023. The rest who help out like Djinn and hypermassiv, etc. are mainly moderators.
Honestly, from me it is a NCV proposal based on WIP #32 and what each department have done with the project. It’s like everything, we are all judged in our work by a role and how that’s implemented when needed.
If I look at WIP #32 and I compare it to what I think has happened in 2023 then I don’t think the team performed by it, I won’t write out my long paragraphs again for each department but those are my reasons (opening post) and I stand by them. If WIP #32 talks so much about the fund being legally aligned etc, then I think anything that is to be judged by that standard would say that in review of the Wonderland performance for 2023 and with what the team had to deal with, how they did it was not acceptable.
I view the CMP #1 vote as the result of the teams work, I don’t see how it doesn’t cause widespread panic within the team to do everything to avoid the vote if they are to be judged by WIP #32 and being compliant with legal standards. I understand that a DAO vote means you have to follow it, but some DAO votes can be caused by the direction the team is taking the DAO. How the team delivered the project meant the direction of Wonderland/Volta for the foreseeable future and ultimately led to that vote, so the team is at the root of that vote and then the team sponsored and voted yes.
If instead back in August, Wonderland was hacked and 73% of wMEMO burned in the hack but the fund remained with just 27% of tokens left I think the team would be doing everything possible to save all token holders. To me this is the same, all or none. To some people they may just check back on Wonderland after months to see where it is but at the end of the day they trusted the people they were investing in on day one. I get it when it’s said “that’s crypto learn your lesson” but you don’t need the people you bought into and trusted to tell you that (while they basically have just taken on your holdings), especially people who are trying to apply legal standards and bringing standards like WIP #32 into place.
As per WIP #32, teams can have an internal vote on other members. If there really is division in the team on migrations, the vote and its sponsorship and outcome then I don’t see why that is not already in use and struggle to see what standards the team are actually holding themselves to also. While everyone has a right to do whatever they want there’s a standard you have to expect.
I would hope more suggestions will come in around how a NCV could work. Is there a protocol in place for what happens if the team does get voted out? If it can’t happen well then maybe that’s feedback for the governance of this DAO. How many people can actually now sponsor a vote?
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Understood.
The only official procedures is what is outlined in WIP 32:
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Hi wMEMOholder, thank you for taking the time to draft out such a detailed post with feedback for the team. I personally will only address the subject of “Communication” with you, and respond to the points you mentioned.
When the rebranding initially launched, it was tweeted by the official Wonderland Twitter account. We conscientiously chose not to update the name, icon, etc. of our social media pages immediately at the time of the post, wanting to allow time for users to see the post under the familiar username and profile picture/banner so there would be no confusion. The social media rebranding did not occur until many days later, so that it would be clear who the information was coming from under the original “Wonderland” account.
Any followers who did not check in during this transition window, would be able to easily see all prior history of the account to quickly ascertain that Volta Club is Wonderland, as we did not switch to a new account for this specific reason. This makes it easier for even those who do not stay up to date regularly, to figure out what they missed, when they see updates coming from an account they already follow. 
I would like to point out that Communications were not limited to “one tweet per month”. Since the migration window opened in late August, there have been 30 posts on our Twitter account. While we do not post daily because that would be a nuisance for our community, our social media accounts are by no means inactive. Every tweet, regardless of the content, draws eyes to our account, where the important messages relating to migration were pinned and highlighted, increasing the total viewership.
When the migration and rebranding first began, with no deadline in sight, it was announced on our Discord server, Twitter, Reddit, and an article was released under our Medium publication as well. The Wonderland website was updated with a banner announcing the migration and rebranding and linking to the new website. The token listings for wMEMO on CoinGecko, CoinMarketCap, DeBank, etc were all informed by our tech officer about the switch to the new token and those platforms assisted us with putting a banner on their pages for wMEMO announcing the migration.
When there was one week remaining to use the migration portal on our dapp, before switching to manual migrations, a reminder was sent out across Discord, Twitter, Reddit, and our official DeBank account stream, which is our newest social media account.
When the migration portal on our dapp closed and migrations were only available manually via assistance from the team, this was communicated on Discord, Twitter, Reddit, and DeBank account. The former Wonderland website was set to auto-redirect to Volta Club at this time as scammers were trying to steal the opportunity to clone and scam people with a fake migration portal. The new Volta website had a banner at the top stating that the migration portal had closed and to reach out to the team on Discord for assistance migrating.
When CMP #1 to end manual migrations was created by a community member and put up for vote, it was announced immediately across our Discord, Twitter, Reddit, DeBank account, as well as posted on our governance forum.
A reminder about the vote 24 hours before closing was also posted on Discord and Twitter.
When the vote concluded, the results of the vote and subsequent new deadline were communicated immediately across Discord, Twitter, Reddit, and our DeBank account. This message was pinned to the top of our feed and highlighted on our account as well. A banner was posted to the top of our governance forum with the CMP #1 results and subsequent migration deadline.
One week before the voted deadline for manual migrations, a reminder was once again posted on Discord, Twitter, Reddit, and DeBank, and this new reminder was once again added to our Twitter highlights, and became the new pinned message.
Let me clarify this re: the New Reddit page. Reddit does not allow the changing of a subReddit name, so it was not feasible to continue with the old Reddit due to their platform’s limitations. A link was left on the old page to redirect users to our New Reddit page. The links for Reddit were also updated on our website, Discord and Twitter bio.
Even after moving to the New Reddit page, our moderators continued to update the retired page as well, including the migration deadline, so this piece of information would not be missed in either case.
I will agree with you that it was a missed opportunity to tweet about the new Reddit page, in addition to updating the links and redirecting on the old one.
During this period, the Communications team, along with help from the other department officers in a team-wide collaborative effort, helped thousands of users manually migrate. I responded to every email received (email is linked on the website/dapp) with questions about the migration, rebranding, etc. We responded to every question or DM on Twitter regarding the migration. I responded to every DM on Discord asking about the migration. We worked without letup to try to inform and assist as many users as possible.
It is frustrating for me as well that not every member of our community checked in with us during that 4+ month period. I wish I could have just sent out an email blast or delivered snail mail to every holder; of course, this is not a feasible option in DeFi, but we made use of the tools that were available to us. Certainly I wish the viewership was even wider! I wish the community was more engaged and tuned in to the information we have been giving. We can only put out the information; it is up to the holders whether or not they pay attention, read and act accordingly.
I hope this clears up at least to some degree, the communications efforts that have been made surrounding the migration and rebranding. 