TechFlow news — According to News 1, a website named after Terra founder Do Kwon was discovered today, announcing the planned launch of a "Dokwon token." The site claims the token aims to support investors who suffered losses from the LUNA collapse and to mock Terra CEO Do Kwon.
A person involved with the project said: "Do Kwon is suspected of fraud, and I want to compensate Luna investors who lost money due to this project's development." According to the whitepaper published on Dokwon.net, the Dokwon token has a total supply of one billion tokens, with 10% to be airdropped to affected LUNA investors. Currently, Dokwon.net supports purchasing Dokwon tokens using BNB.
The report warns investors to remain cautious, as "rug pull" scams are common among such meme-based projects.
