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The Gutter Cat Gang Token Sale has been damaged by ‘technical issues,’ reported low interest

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The Non-Fungible Token (NFT) Project Gutter Cat Gang (GCG) found a rocky token launching its gang token in apechain on March 31, linked to a “technical issue” by a third party, even though others taught the reported low interest in the token.

While GCG did not confirm these figures, it was made State In a March 31 discord post that no gang tokens were distributed because it encountered a “technical issue” by a third party.

“Bad news,” GCG’s chief architect, “Yugen,” wrote to the GCG’s discord channel. “The contract stops us from 100% Liquidity Claim Day 1,” Gugen said preventing participants from cashing in and out.

“We tried to fix it for at least an hour and no success,” Sugen said, added:

“You will, take your $ gang. But not now. I’ll be back with a new exact date and time.”

The token sale is described As an “fumble” of X user and NFT who is “easy,” pointed out that the team has locked 100% of the token supply to vesting contract – Runs contrary to the GCG tokenomics plan.

Under that plan, 12.5% of GCG NFTS and 15% of the allocation of the round holes are intended to unlock immediately, with the remaining tokens that are set to invest daily for the next 18 months.

GCG’s goal is to sell 12% of the total supply to $ 0.0089 per token – target an increase of nearly $ 1.08 million, giving it an indicated market cap of $ 9 million.

The GCG team sells “useless” gang tokens as “only vibes” with “no promises” and “no roadmaps.”

X reports suggest gang failed to gain significant interest

Many X users say GCG has only raised 3.66 ether (Eth) costs about $ 6,800 from gang Token community sale – Falling away from the $ 1 million target as if settled. However, GCG has not confirmed or addressed these figures.

GCG was launched on June 8, 2021, which begins as a collection of 3000 unique NFT avatars with a backstory around the post-apocalyptic shatters of society.

GCG’s Nft floor price Used to be 8.5 ETH – worth $ 15,240 – in September 2022 but since falling to 0.19 ETH at current prices, NFT prices Data Shut up.