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As a Perp DEX focused on collectibles and RWAs, Trove claimed it could transform illiquid “cultural assets,” such as Pokémon cards, CSGO skins, and luxury items like watches, into tradable financial assets, providing a hedging venue for collectors. However, in just ten days, the Trove team staged a farce through a series of astonishing operations, incidentally emptying the pockets of onlookers. The Bait In late October last year, Trove founder @unwisecap discussed the concept of “everything can be a Perp” in several posts and announced that Trove would be built on HIP-3, whetting the community’s appetite. Over the following month, Trove successively announced partnerships with Kalshi and CARDS (Collector_Crypt), receiving official Twitter replies “endorsing” from these well-known projects. (P.S. As of the editor’s deadline, Kalshi had already completed the “cut,”…# Analysis# Airdrop# bitcoin# crypto# Market# Token# web3Pre
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- Author｜Golem (@web3_golem)