$RVV Astra Nova's current situation is a microcosm of the Web3 gaming circle: using grand narratives (AI + Saudi capital + Unreal Engine 5) to mask fragile economic models or direct harvesting intentions. Projects like this in the Web3 space have an average lifespan of only 4 months.
Extremely low cost of fraud: By utilizing assets from the Unreal Engine 5 Asset Store, a visually stunning demo video can be quickly assembled to deceive investors and secure funding.
Not fully shut down: The team continues to update on Twitter and even announced a “buyback plan” and “staking scheme” in January 2026 to stabilize the situation.
Substantial harm: The vast majority of initial investors have lost over 90%. This “simultaneous updates and gradual decline” approach is often used to evade legal accountability while draining the remaining community enthusiasm.
Reputable analysis agencies (such as PANews, EmberCN) have detected that the project's multi-signature wallet transferred 860 million tokens (about 8.6% of the total supply) to 8 sub-addresses, which then began massive sell-offs on decentralized exchanges, cashing out approximately $10 million.
Logical loophole: Industry insiders generally question, if it was an external hacker attack, why do the funds sold off match the token distribution path pre-set by the project team so closely?
Unilateral rule changes: After the token launch, the team was exposed for unilaterally modifying the vesting terms for investors, leading to public protests from Launchpad partners (such as KangaStarter) demanding full refunds for investors. Such breach of contract behavior is a typical “trust bankruptcy.”
Many projects modeled after 《Axie Infinity》 or 《StepN》 have an average lifespan of only 4 months. They usually conduct large-scale sell-offs within 24-48 hours after the tokens are listed on trading platforms, controlled by the project’s “anonymous wallets,” and then shift blame to “hacker attacks” or “market maker errors.”
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.
$RVV Astra Nova's current situation is a microcosm of the Web3 gaming circle: using grand narratives (AI + Saudi capital + Unreal Engine 5) to mask fragile economic models or direct harvesting intentions. Projects like this in the Web3 space have an average lifespan of only 4 months.
Extremely low cost of fraud: By utilizing assets from the Unreal Engine 5 Asset Store, a visually stunning demo video can be quickly assembled to deceive investors and secure funding.
Not fully shut down: The team continues to update on Twitter and even announced a “buyback plan” and “staking scheme” in January 2026 to stabilize the situation.
Substantial harm: The vast majority of initial investors have lost over 90%. This “simultaneous updates and gradual decline” approach is often used to evade legal accountability while draining the remaining community enthusiasm.
Reputable analysis agencies (such as PANews, EmberCN) have detected that the project's multi-signature wallet transferred 860 million tokens (about 8.6% of the total supply) to 8 sub-addresses, which then began massive sell-offs on decentralized exchanges, cashing out approximately $10 million.
Logical loophole: Industry insiders generally question, if it was an external hacker attack, why do the funds sold off match the token distribution path pre-set by the project team so closely?
Unilateral rule changes: After the token launch, the team was exposed for unilaterally modifying the vesting terms for investors, leading to public protests from Launchpad partners (such as KangaStarter) demanding full refunds for investors. Such breach of contract behavior is a typical “trust bankruptcy.”
Many projects modeled after 《Axie Infinity》 or 《StepN》 have an average lifespan of only 4 months. They usually conduct large-scale sell-offs within 24-48 hours after the tokens are listed on trading platforms, controlled by the project’s “anonymous wallets,” and then shift blame to “hacker attacks” or “market maker errors.”