After reflecting deeply on Part 1 and Part 2 of the FOF Token Saga, here’s my personal conclusion on everything that has unfolded so far:
1. First,
@ProphetJoelO did not create the token. His intentions were pure and noble, but the individual who handled the execution was the real problem.
2. The actual creator of the FOF Token,
@futuristkwame, was already under investigation by the research team following two separate reports from developers accusing him of misconduct and breach of trust.
You can read Part 2 of the FOF Token Saga report on
@SMCResearchers
(I genuinely wish Prophet Joel had informed me about this individual earlier. Even during our conversation today, we both reached the same conclusion.)
3. Our initial research only focused on who shilled the token and didn’t directly address who created the token or what happened to the $40,000, something I later publicly apologized for.
This was our first on chain investigative research and we may not always get it right at first.
However, in our second research, we discovered that there were already 46 holders before Futuristic Kwame approached Prophet Joel.
Prophet Joel chose to support it publicly because it aligned with his vision, just as he has done for many other projects initiated by Believers.
Now that we know the creator, its been 5 days and He hasn't said anything yet.
4. Many people within and outside the prophetic circles are exploiting this situation, some driven by old grievances or past experiences with Prophet Joel and are using it to attack him on different media platforms
It’s important to restate this clearly: the only mistake Prophet Joel made was trusting Futuristic Kwame, the actual creator of the token.
5. Some have assumed SMC is targeting Prophet Joel because I mentioned investigating Jawgular.
In truth, it was Prophet Joel himself who requested that we conduct this investigation to clear his name from the $80,000 accusation.
He even submitted valuable evidence to support the research and we will begin soon enough.
6. SMC still remains very united, we are just cleaning up our ecosystem for the next leg up, I have reached out to Wilberforce, Investor Bet as well as many others. They know better now. All these will pass soon enough.
7. God bless SMC, Long Live the DAO.