Tezza later made this announcement and tried to softly smear Instaraise’s image:

We also received this message from the founder after we refused to launch their Public sale without KYC.

We immediately cancelled our support and all association with #Tezza team.

Later it came to our notice that they also changed their discord name and made another attempt to defame Instaraise image

The motive behind which is something out of our own understanding.

We traced the scammers fund too and found out that scammers are trying to get the funds out through @kucoin on this address

Scammers Last Address before Going to KuCoin : tz1URQBAcXTezNuvKuTuy5FZ1kD2HRhdMDQ1

➡️What we are going to do:

1. We are refunding all the funds raised on Instaraise platform to our users on users who participated in the #Tezza pre-sale on immediate basis to safeguard our community from the whole issue. It will be processed within the next 72 hours.

2. We are willing to co-operate with anyone investigating on this matter from our side.

Let us know in the comments below about how we can contribute further in the investigation.

🔊 https://twitter.com/instaraise/status/1591417179987402752 🔊

Update!

As announced earlier, amount invested by the community in the Tezza private pre-sale on Instaraise platform has been refunded.

Participants of the sale can access their refunds from their whitelisted wallet addresses.

By covering losses and incentivizing users for liquidity provisioning, single-sided liquidity pools are making aspects of DeFi much safer and predictable

Understand why Single asset #liquidity provisioning is crucial for DeFi🌐

Explore➡️https://blog.instaraise.io/understanding-single-sided-liquidity-pools-why-defi-needs-this-solution/

🗣 https://twitter.com/Instaraise/status/1595395484126187524 🔈

Celebrating the forthcoming arrival of “Falcon”- InstaDex public testnet🚀

Instaraise XTZ Giveaway🎁

500 XTZ pool for 30 lucky winners🏆

Complete the steps below to win!

✅Follow Instaraise on twitter and join➡️ t.me/Instaraise
🔁Quote retweet this Tweet
👥Tag 3 friends in this Tweet from tezos community

🔊 https://twitter.com/instaraise/status/1598665386488393728 🔊

Attention NFT artists🥂

Get ready for "Insta Mascot Design contest"🎨

Create your version of Instaraise Mascot and win $INSTA a chance to work with us👨🏻‍💻

✅Share your Insta Mascot art with #MyInstaMascot and #Tezos on twitter and tag @Instaraise

Rewards and event details➡️https://blog.instaraise.io/insta-mascot-nft-design-contest-unleash-your-creativity/

🔊 https://twitter.com/Instaraise/status/1600118361786306560 🔊

✨A freshly baked decentralised exchange on #Tezos with features to die for!

🔹Single-asset liquidity provisioning
🔹Impermanent loss protection

InstaDEX public-testnet launch

Experience the “FALCON”, this 14th on Tezos ghostnet

🔊 https://twitter.com/Instaraise/status/1600844195287400450 🔊

🏆InstaDEX private testnet, Beta-testing winners

Congratulations🎉

(Twitter Username)
@nft_week
@zaqicemerlang
@andianto_8
@adiicahyadi_
@rudiazhari7

Your critical insights & reported feedback helped @Instaraise team to develop the best version of InstaDEX

🔊 https://twitter.com/Instaraise/status/1601554688599805952 🔊

🚀The Falcon has entered our solar system, all set to land in 2 days on earth

InstaDEX public testnet launch

✨Experience the new decentralised exchange on #Tezos this 14th

Here’s how InstaDEX is going to upshot $INSTA token:➡️

📈Consumption from the open market

$INSTA will come up with a new utility as a Liquidity provider token


📊Increase in demand with each upcoming IDO

Upcoming IDOs will be in terms of $INSTA and direct liquidity provisioning will work from our IDO platform to InstaDEX


✅Since all the pairs are countered by $INSTA, all the routes will be through $INSTA only and will have fees in terms of our network token.


⚖️ $INSTA will be used to compensate the Impermanent loss

Treasury will be built with both Insta and Non-INSTA Tokens, Buyback will be done to maintain the treasury

🔊 https://twitter.com/instaraise/status/1602288455622721536 🔊

Liquidity providers on AMMs are prone to impermanent loss, specially during the volatile market conditions📈

✨But LPs on Tezos are in for a treat!

InstaDEX is the foremost #DEX on tezos to provide IL protection

Public Testnet- Falcon, LIVE tomorrow🚀

Why you should know impermanent loss?➡️ https://blog.instaraise.io/impermanent-loss-in-defi-and-how-to-avoid-it/

🔊 https://twitter.com/instaraise/status/1602655040883523590 🔊

Its finally 14th🙌🏻

✨InstaDEX public testnet is NOW LIVE!

Experience a fresh new decentralised exchange on #Tezos with features never seen before

Try it out!➡️ alpha.instaraise.io

DON’T miss the 💰bounty in our #BugBounty program➡️ https://blog.instaraise.io/falcon-instadex-public-testnet-release/

🔊 https://twitter.com/instaraise/status/1603019249735598081 🔊

3 days left!

“Insta-Mascot design contest”🤖

Submit your entry before 20th & stand a chance to win $INSTA & be our designer for the final Insta Mascot NFT

Here’s how to submit your entry in 2 simple steps➡️ https://blog.instaraise.io/insta-mascot-nft-design-contest-unleash-your-creativity/

🔊 https://twitter.com/instaraise/status/1604114273068019712 🔊

Attention NFT Community members!

"Insta Mascot design contest" has now found its Top 4 arts!🎨

Winners will be chosen based on the #community poll📊

Vote now for your favourite Mascot design and help the artist to win🏆

Cast your vote NOW at➡️https://twitter.com/Instaraise/status/1605901401741090816

Happy New Year to everyone from all of us at Instaraise!🎊

We are excited to continue supporting and growing with you in the coming year.

🍻Here's to making 2022 a successful and prosperous one for all!

Gear up for a game-changing 6 months on the Tezos blockchain!

🔸Instaraise Q1 & Q2 2023 Roadmap is here!

Get a preview of our upcoming Defi product releases aimed towards the growth & adoption of the Tezos blockchain

6 months pre-cap▶️ https://blog.instaraise.io/instaraise-q1-q2-2023-roadmap-road-to-defi-upliftment/

🔊 https://twitter.com/Instaraise/status/1617869795839586306 🔊

🔶InstaDEX public testnet update

We've finally found the bounty winners for the Falcon #BugBounty program

Congratulations (Twitter Usernames)🎉
@Dedennurmansya5
@KevinYusuf16
@Estarossa1122
@ZaqiCemerlang
@aweawe299

Thankyou for your contribution in making #InstaDEX more secure🛡️

All the winners are requested to DM us at Instaraise from above Twitter accounts with their Tezos wallet addresses

🔊 https://twitter.com/Instaraise/status/1618227804965076993 🔊