An exit scam is a crypto con where founders disappear with investor funds after a successful fundraising or token launch. The project dies, the token goes to zero, and developers vanish into the digital ether, leaving a trail of angry bagholders.
Why it matters on AGON
The fear of getting rekt by an exit scam is real. It’s the original sin of unregulated markets. AGON is built to be the opposite of a short-term cash grab. We are the consumer app of the 3-tier Oracl3 stack, a long-term infrastructure play for universal prediction markets. There is no exit.
Our markets settle on Base using USDC, not some inflationary farm token. Our reputation is tied to resolving real-world events correctly, from the World Cup winner on /world-cup/bracket to weekly NFL games. The roadmap leads to a decentralized OracleDAO for resolution, systematically removing single points of failure. We build in public to earn trust, not demand it.
How to apply
Spotting a potential exit scam is a core survival skill. It's the first alpha any degen needs. Before you ape into a new project, run this mental checklist.
First, check the team. If they are anonymous with zero track record, consider the risk multiplied by ten. Second, look for public code audits from reputable firms. No audit means you are trusting unaudited code with your capital. Third, analyze the marketing. Is it all shill and no substance? Constant hype without a working product is a classic red flag. Finally, watch the community. If the Discord is full of cope and mods delete any critical questions, get out.
See also
slow-rug · hard-rug · presale · fair-launch