First, we sincerely apologize for the lack of communication over the past “short two weeks” following our most recent announcement.
We truly didn’t expect that many of our players would disregard the achievements and consistent communication efforts we’ve made as YoshiCoco, and instead focus solely on "Listing"-spamming negative comments and even labeling the project as a “WTF” or “SCAM” across every channel they could reach. :)
Let us now walk you through:
1. What We’ve Delivered
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① A Stable GameFi Platform on TON
We developed and launched a solid GameFi experience on the TON blockchain. While players had the option to pay in TON to earn large game points instantly, most participated for free through basic tasks and received airdrops without actively playing the game.
② TGE Completed
Despite ongoing questions about when the TGE will happen, we officially completed our Token Generation Event (TGE) on July 1, 2025, and made all related smart contracts public. Users were able to claim their tokens immediately.
③ Transparent Token Allocation
Reflecting community input, which emphasized decentralization and exclusivity for players, no tokens were allocated for team or sale. This was disclosed on July 8. To address concerns about team members holding large amounts of tokens, we publicly shared the top token claimers’ Telegram handles, confirming that no team members held tokens.
④ Token Verified on TON
The $COCOZ token was officially verified on the TON chain on July 9, and this was announced publicly.
⑤ 50% of Tokens Sent to Telegram Founder
On July 18, we sent 50% of the total token supply to Pavel Durov, the founder of Telegram, as a symbolic gesture aligned with the philosophy of The Open Network (TON), and to reaffirm that our team holds no tokens and no controlling stake.
⑥ Token Visible in Telegram Wallet
As of August 2, $COCOZ and its current price are visible directly in Telegram’s native wallet.
2. Community Interaction
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Many community members have supported our mission and efforts-thank you. However, a significant portion of players have continued to pressure the team to list the token immediately and drive its price to $100 per token, while refusing to allow any team or sale allocations.
Despite these unreasonable demands, we stayed the course and launched according to our plan without allocating tokens for team or private sale.
Now, some of those same users are accusing us of having no funds or calling us out for not listing-often using inappropriate language and outright abuse. They assume we’ve generated millions in ad revenue, but the actual eCPM per player is extremely low-on average, 1,000 ad views per player generate around $0.001 in revenue. That’s the true value of a player in our ecosystem, and the core revenue stream for this project.
While the team is expected to make no revenue, many players want to act as “traders” and are eagerly waiting to sell their airdropped tokens after a listing. They dream of a scenario where: Airdrop → Listing → All-time High → Sell Off.
This toxic mentality is likely common across airdrop-driven projects. To those convinced we’re making millions from ads-we encourage you to build your own project and see the reality for yourself.
Moreover, many of the players who spammed the word SCAM or used vulgar language also posted referral links to other projects for their personal gain. This kind of activity was the primary reason we temporarily froze the Telegram group.
3. The Road Ahead
We’re currently working on a new airdrop page for Marina OG and COCOz NFT holders, and we will continue to deliver on every promise-step by step-for the players who trust and support us.
Eventually, once malicious actors have offloaded their tokens and left, we believe our project will have room to grow organically and achieve true long-term value.
Thank you for your patience and belief in COCOz.