Spent $400 on a 'climate positive' crypto project that just vanished

Honestly, I bought into this token called EarthCoin six months ago because their site said every transaction planted a tree. Tbh, I sent $400 from my main wallet to theirs after watching a bunch of hype videos. The project's Discord went quiet after two weeks, and the website is just a blank page now. Ngl, I feel dumb for thinking my small investment could actually help. Has anyone else gotten burned by these eco-crypto things and found a real way to support climate work?

3 comments

3 Comments

evakelly1mo ago

That's rough, sorry that happened. Honestly, I've had better luck just donating directly to groups I can actually look up. Crypto feels like the wild west for this stuff.

jade5171mo ago

Remember that big Ukraine crypto donation fund last year? I read they got over sixty million dollars before people realized a huge chunk went to a fake group. How do you even check if a crypto wallet belongs to a real charity and not just some guy with a convincing website?

allen.kai1mo ago

But that's exactly why crypto is better, you can track every single transaction on the public ledger. How many regular bank donations can you trace that clearly?