PLAY (PLAY)

We want to address the recent concerns surrounding the Community Airdrop and provide full clarity, transparency, and a constructive path forward that respects everyone who has supported Play Solana since day one. During the CGE (Claim Generation Event), a communication gap unfortunately led to confusion, which quickly snowballed into misinformation and frustration. Today, we want to correct this and reestablish clarity across the entire community. During the claim, Players had two options: 1. Immediate $PLAY Liquidity: -Claim 70% immediately, with a 30% cut. 2. Staking for 3/6/9/12 months: -Receive the full 100% allocation at the end of the selected period, plus a bonus of 10% / 30% / 60% / 100%, respectively. This mechanism was designed for long-term sustainability: reduce short-term selling pressure and reward those who believe in the long-term vision of the PlaySolana <SuperHUB>. And to be absolutely clear: the 30% cut was never intended to be kept by the team. It was always planned to be redirec

To fully address what happened yesterday, we will be releasing a complete post-mortem detailing everything the team and our partners uncovered regarding the set of unfortunate events that unfolded prior to the $PLAY launch. We will also outline a clear course of action to ensure we remain on track and that our community can rest assured we are here for a long, continuous journey. We also want to touch on the 24 wallets identified as the root cause of this issue. These wallets were able to bypass the Metaplex Web2 logic used to block users from claiming $PLAY prior to 12.30pm UTC, and are in no way, shape, or form connected to us or anyone associated with Play Solana. A full breakdown of our findings will be included in the post-mortem report. These wallets managed to initiate trading activity before launch. While our team was on a call with our Liquidity Managers, we noticed unexpected price movements that immediately raised concern - especially considering no tokens should have been available for trading.

To fully address what happened yesterday, we will be releasing a complete post-mortem detailing everything the team and our partners uncovered regarding the set of unfortunate events that unfolded prior to the $PLAY launch. We will also outline a clear course of action to ensure we remain on track and that our community can rest assured we are here for a long, continuous journey. We also want to touch on the 24 wallets identified as the root cause of this issue. These wallets were able to bypass the Metaplex Web2 logic used to block users from claiming $PLAY prior to 12.30pm UTC, and are in no way, shape, or form connected to us or anyone associated with Play Solana. A full breakdown of our findings will be included in the post-mortem report. These wallets managed to initiate trading activity before launch. While our team was on a call with our Liquidity Managers, we noticed unexpected price movements that immediately raised concern - especially considering no tokens should have been available for trading.