Fantasy.top founder pushes back on ‘soft rugpull’ allegations after angel investors claim team went silent
Fantasy.top's founder denied 'soft rugpull' claims, stating investor funds were not used for operations.Summary
The onchain trading card platform Fantasy.top is facing allegations from angel investors who claim the team has gone silent and refused refunds, leading some to label the situation a "soft rugpull." Investors, including Mike Dudas of 6th Man Ventures, demanded communication and repayment after the platform generated millions in revenue. Fantasy.top, which raised $4.25 million in a seed round led by Dragonfly, allegedly pivoted from its core game to prediction markets. In response, founder Travis Bickle stated there was "a lot of misinformation," asserting that the company has been fully self-funded through product revenues for two years, and no investor funds were used for operations. Bickle added that the company has reduced burn, streamlined the team, cut founder salaries, and possesses multiple years of runway without needing to touch investor funds, promising further updates soon.
(Source：The Block)