BalzBack, a new initiative, is opening its platform for community submissions, aiming to help investors who have lost funds due to rugpulls in meme coin projects.
The crypto landscape has been plagued by fraudulent schemes, such as rugpulls, resulting in significant losses for retail investors.
BalzBack is focused on assessing projects with its RugScore™ and providing a potential path forward to affected communities, offering new liquidity from rugged tokens.
The platform encourages leaders or developers from affected communities to submit projects for assistance in recovering lost investments.