ZachXBT: The encryption project OpenVPP is suspected of false cooperation promotion

According to Wu, it has been reported that the on-chain detective ZachXBT revealed that the crypto project OpenVPP (OVPP) claimed this week to be collaborating with the U.S. government to promote energy tokenization, which was denied by SEC Commissioner Hester Peirce, clarifying that there was no collaboration with private crypto projects. Her response was later hidden by OpenVPP, with the team claiming it was a mistake made by an intern. Meanwhile, OpenVPP has also been accused of exaggerating its partnership with ComEd and Smartcar. ComEd clearly responded that “there is no collaboration and no intention to collaborate,” while the founder of Smartcar stated that the other party only used the publicly available API provided on the company’s official website, which is unrelated to their crypto activities. In addition, Bubblemaps monitoring shows that 80% of the OpenVPP (OVPP) token supply is concentrated and bundled, with the top 150 holders simultaneously receiving funding and seizing token shares.