2025-12-05 04:31:31

FogoFishing is finally open! I heard it's a community-driven project, and you can really experience the true speed of Fogo.

How does the game work? You send USDC to FOGO to go fishing, and it's simpler than you might think. What's surprising is that they fully refunded all previous participants. Doesn't that make it worth trying again?

Maybe because it's a project made directly by the community, it feels a bit different. I'll have to try it out and see how it goes.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
7
Repost
Share

Comment

0/400

CryptoWageSlave

· 16h ago

Full refund? Is this some kind of trick...

View OriginalReply0

shadowy_supercoder

· 20h ago

Segment by segment... yet another community goldmine project, sounds pretty good.

View OriginalReply0

LightningSentry

· 12-05 05:01

This full refund operation is quite interesting. But as for the USDC-for-FOGO phishing scheme, I think it's better to fully understand it before getting involved.

View OriginalReply0

WenMoon42

· 12-05 05:01

Wait, a full refund? That's pretty impressive, it doesn't feel like one of those scams.

View OriginalReply0

SatoshiHeir

· 12-05 05:01

It should be pointed out that this "full-cycle payment" narrative framework has obvious argumentative flaws. On-chain data shows that community-driven does NOT equal risk elimination; in fact, it often becomes a breeding ground for information asymmetry. Based on the following reasoning: the one-way flow model from USDC to FOGO is essentially still a token absorption mechanism, and the sense of speed merely conceals the liquidity trap. For the earlier participants' "full-cycle payment"—it's crucial to clarify where these funds come from: is it a protocol guarantee or are new participants footing the bill? Clearly, you've been misled by the phrase "community-driven." Satoshi Nakamoto himself never trusted narratives, only code. I suggest digging deep into the FOGO contract source code before saying "there's no harm in trying." It's truly history repeating itself—I saw way too much of this rhetoric during the 2017 ICO season.

View OriginalReply0

MoonRocketTeam

· 12-05 04:56

Wait, full refund? That move is kind of wild. Is it real or just another marketing gimmick? --- Projects built by the community really are different, way more vibrant than those bureaucratic ones. --- Swapping USDC for FOGO fishing sounds simple, but the risks are simple too. Better stay cautious. --- If this wave really delivers on speed, we might have to realign our trajectory. --- Did everyone ahead already exit? Are newcomers really just lined up as exit liquidity? Worth thinking about. --- The biggest fear for community-driven projects is nobody taking over after the hype dies down. Better observe for a while. --- This is the kind of project where you "try it out before deciding how much to invest." DYOR is the way to go.

View OriginalReply0

rekt_but_vibing

· 12-05 04:37

Full refund? This move is actually quite interesting, it's not the usual scam to rip people off.

View OriginalReply0

Trending TopicsView More
#JoinGrowthPointsDrawToWiniPhone17
273.73K Popularity
#DecemberMarketOutlook
70.26K Popularity
#PostonSquaretoEarn$50
9.78K Popularity
#LINKETFToLaunch
9.81K Popularity
#SharingMy100xToken
11.4K Popularity

Hot Gate FunView More

1
GECKOGecko
MC:$3.71KHolders:3
0.94%
2
KEVINKevin Lee
MC:$3.49KHolders:1
0.00%
3
SMILESmile
MC:$3.57KHolders:1
0.79%
4
Mbsjaan Mbsjaan
MC:$3.49KHolders:1
0.00%
5
buying selliMbsjaan
MC:$3.52KHolders:1
0.00%

Sitemap