It’s ‘full of scammers’ – DL News
- Crypto projects are closing their Discords.
- Scammers and a shifting userbase are to blame, they say.
- Projects risk leaving some users behind.
Crypto projects have had enough of Discord.
Over the past week, layer 1 blockchain Optimism and DeFi lender Morpho have both set their Discord servers to read-only mode, stopping users from posting.
The reason? The messaging platform, once a key tool in galvanising crypto communities, had become overrun with bad actors.
“Discord is actually full of scammers,” Merlin Egalite, a Morpho co-founder, said on X. “People would get phished while actually searching for answers despite heavy monitoring, safeguards, etc.”
Dozens more developers have come out in support of Morpho and Optimism dropping…
