CodeGov has not and will not have any association with projects on the IC. Members may choose to support a project individually if they wish, but as a team, we simply want the best for all legitimate projects on the Internet Computer.
BOOM DAO is a clear example of a failed or scammy project. It failed because it was a scam. They could have made an effort to build a good game, but they didn’t—even now, there’s nothing to show for it. It’s a shame, especially considering that PokedStudio didn’t raise via the SNS and actually delivered a game.
Many people supported these projects at the time, and most of them failed. Welcome to the pre-seed markets. Pre-seed startups—like those in Y Combinator or similar early-stage accelerators—have much higher failure rates, often 60–90% within the first few years. Many don’t even survive the first 12–18 months.
In hindsight, I think we should have burned the treasury or sent it to PokedStudio. Instead, it got hacked—because as a community, we were too focused on demonizing the other side. And we continue to do so. I just hope we can come out of this stronger and actually focus on building great projects here. Let’s also make an effort to support the builders who have kept going, even through the bear market.
I agree, let’s get the team members of BOOM DAO if we can on here to explain.