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Hyperverse has postponed the debut of its NFT Ponzi game until the first quarter of 2022, after the previously-announced deadline of December 10 passed.

Instead of announcing the delay directly, founders Ryan Xu and Sam Lee had “community speakers” do so.

On Monday, top HyperFund net-winners participated in a “Global Presentation Launch” (of what, we do not know).

As a guide, we have:

Keith Williams, London, United Kingdom

Brenda Chunga, US

Melbourne, Australia, and the Netherlands’ Goran Helstrom

Kalpesh Patel, UK hiding out in Dubai

Tami Jackson, NJ US

Mick Mulcahy, Irish city of Cork

The first launch window for Hyperverse was between December 6th and December 10th.

This has been postponed until “the first quarter of 2022.”

Yesterday, HyperTech Compliance Officer Hope Hill (a.k.a. Ronnie Jull) issued a follow-up announcement since that went over like a ton of bricks.

IT initially projected that the HyperVerse update would be finished on December 10. This forecast was not realized.

More than 1,000 IT specialists are working around the clock to resolve the issue that appears to affect only a subset of users.

The IT department of Hyperverse is unknown. To say nothing of the 1,000 “professionals” whom Jull promises to employ there.

Based on the fact that their website is a $79 off-the-shelf template, it seems unlikely that Hyperverse IT employs more than a handful of outsourced developers.

It remains to be seen how Hyperverse’s NFT Ponzi scheme will play out. The business has only revealed that the game would feature avatars and planet-hopping combat.

I wouldn’t anticipate much more than the typical low-cost smartphone gaming experience. In the eventIfleases at all.

Due to the delay of Hyperverse, the Ponzi scheme has been forced to revert to its previous HyperFund concept.

The trick of Hyperverse is that no one can withdraw. The withdrawal function was deactivated by HyperTech in late November.

The transitioning MOF token, which HyperFund investors use to withdraw their funds, had its trading value collapse by 98.98%. From around $2 in HyperFund, Hyperverse’s botched launch has reduced MOF to $0.0035. (roughly a third of a cent).

hypertech scrambled as a result to deactivate MOF withdrawals. Investors retreated from HDAO, a second internally-owned shitcoin until HyperTech halted HDAO withdrawals as well.

That is exactly what occurred. Here is the fiction published by Jull from compliance:

Here’s what we know regarding unsuccessful withdrawals: it’s not a browser problem, it has nothing to do with rank or withdrawal size, and IT has not disabled withdrawals for particular users.

So, what we do not yet know is the nature of the error (that’s the IT team’s job) or what it will take to fix it (again, the job of the IT team). If they had a precise estimate of when they expect to complete this task, they would inform us.

Determining the nature of the issue and resolving it is currently the sole focus of the IT team.

So, “1,000 IT personnel working around the clock” are unable to address a withdrawal “glitch” that lasted a week?

Have they tried just reactivating withdrawals?

The majority of Hyperverse investors are unable to withdraw, although the highest earners appear to have no problems.

In an earlier post on social media, Burton gushes about a flashy assortment of timepieces in Dubai:

The proprietors of HyperTech/Hyperverse, Ryan Xu and Sam Lee, have not been seen in public for some months.

The couple is on the run from Australian liquidators attempting to recover Blockchain Global’s damages of AUD 49.9 million.

The majority of Hyperverse victims reside in the United States, followed by the United Kingdom and Canada.

The United Kingdom has issued fraud alerts against HyperFund and Hyperverse, but the United States and Canada have yet to take action.

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