After Paul Bettner's funding progress, the first test was whether subsequent actions could follow through @paulbettner.

The card game project Thousands (token $WC), led by Paradigm and raising over $50 million, completely collapsed on TGE day, with an FDV of only $940,000 and a daily trading volume of just $500, far below the funding amount.
The project opened at zero, causing significant losses for community veterans who supported it for over three years (such as KOL Greta0086). The additional $3 million raised by the community was nearly wiped out.
Despite its luxurious packaging, the project performed extremely poorly, with users angrily criticizing its launch as even worse than a scam coin, and directly @the founder Paul Bettner demanding refunds, triggering a trust crisis.
This incident once again exposed the phenomenon in the crypto space where huge funding amounts are severely disconnected from product quality and market value, and has been recorded by the community as a typical case of “CS project” (possibly referring to a rug pull scheme).