TICS Airdrop Update: Issues Arise After Qubetics Mainnet Launch

What Went Wrong with TICS Airdrop: Qubetics Releases Official Update

As per the information shared via the official X of Qubetics, the much-anticipated $TICS airdrop did not go as planned. Although the expectations were higher, the airdrop launch faced confusion, delays, incomplete distribution, and technical errors.

In response, Qubetics has released a full update and a public blog explaining the problems, steps taken, and how it plans to regain community trust. The TICS Airdrop Update aims to address every concern with full transparency and accountability.

$TICS Timeline: When Did It Begin?

The TICS airdrop date was officially last week, and 10% of tokens were distributed to eligible wallets. The remaining 90% were scheduled to be released daily at a rate of 1% over the next 90 days.

However, due to unexpected issues during the Qubetics mainnet launch date, the process has not gone as smoothly as expected. This led to several community members not receiving their rightful allocations on time.

What Went Wrong with the TICS Airdrop?

According to the released information, it acknowledged that the issues started when the vesting contract was being executed live. Although the system had previously been tested, it did not work during the process.

Key Issues Highlighted:

• These mistakes were not made by Qubetics but by the outsourced development team.

• Qubetics had carried out due diligence and completely trusted the abilities of the outside team.

• The outcome was delays, partial allocations, and confusion for the users.

• Although it has not been directly caused, it acknowledged the problem and is trying to correct the situation as soon as possible.

Source: X

Actions Taken by Qubetics to Address the Issue

It's making efforts to regain the trust of the community and make sure that no qualified wallet is left behind. This is what they have done and what they are going to do:

• A complete technical report by the development partner, Antier, is being prepared. It will discuss the cause of the problem and prevention strategies.

• Soon, TICSscan (blockchain explorer of the TICS ecosystem) will be back up to display all transactions, vesting activity, and airdrop progress.

• To provide updates, solutions, and the next steps, a public statement will be held on Monday, August 4.

• The distribution of tokens will be maintained every day as promised, and 1% of the TICS tokens will be distributed to all the eligible wallets over the next 89 days.

Looking Ahead

Nevertheless, the project claims that its mission and roadmap have not changed despite the problem. The platform is still developing, and the team is entirely concentrated on creating a decentralized, interoperable network that has real-world use.

The company also confirmed that:

• Each of the wallets that is qualified to participate will be granted its full portion.

• The long-term vision, integrations, and partnerships will not be changed.

• Transparency in communication will be followed during the airdrop period.

This event serves as a reminder of the complexities in blockchain-based token distributions. As company works to fix the current problems, the community will be watching closely.