A cautionary tale from the prediction market space: Trove Markets raised $2.5M at a $20M FDV, but the execution raised serious red flags. They launched their ICO while still on testnet only—no mainnet, no real activity. Then came the delay tactics: extended ICO dates to keep manipulating predictions, followed by an abrupt cancellation of that extension. TGE got postponed indefinitely. When they finally migrated from Hype to Solana, the market reception was brutal: listing happened at just $1M FDV with a mere $60K in liquidity. That's a 95% collapse from initial valuation. The play-by-play pattern here—testnet-only launches, artificial timeline extensions, delayed token releases, and rushed migrations—these are familiar warning signs in cycles past. If you found yourself holding bags from this one, you're definitely not alone. Worth reviewing if you're evaluating similar early-stage DeFi protocols moving forward.