Card game dispute and what happened to over 30k (thirty thousand) dollars in funding

Ahoy

It will be impossible to mention everything, so I encourage everyone to ask me as many questions as possible. It would also be very appreciated if colton wouldn’t dodge this conversation again. Also, it may be considered more than one subject, but its kinda related so I chose to include it.

The issue hasn’t been resolved, and to me it looks like it’s been quietly swept under the rug. Digging through old chats and documents just to prove that I was part of something and helped shape it, isn’t exactly how I want to spend my time (also didnt think id have to do this). It’s frustrating, disheartening, and definitely not something I ever looked forward to doing. But here we are.

I feel really cringey about having to do this, but i feel like speaking publicly about it is definitely the right thing to do and i kinda hope that it will be resolved or at least acknowledged.
And it’s probably also important to share this, both for the sake of transparency and in the hope that it might help others navigate similar situations in the ecosystem.

If anyone needs/requests the exact dates, im sure i can provide them

Was developing a card game (regen vs degen) at MMM. Was talking to colton about maybe doing the art someday (while we were doing the first paid playtests for it) and we were talking about onboarding kinley so we could work on it together (couldn’t onboard anyone at the time since i was new myself). When the new leadership took over the game was canceled, (was told that it did not make sense, also budgetary reasons may have been mentioned - not sure about this second part) even though it got only positive responses before. Informed kinley that the project has been put on hold, at which point he stopped responding to me.

At some point after that, there was a post where the community was asking about the card game. Informed colton of the situation, he said he was already working on something. In the next grants round he applied for funding with infinite garden, which was kinda weird, but i didnt think much of it since i was supportive of the project and we collaborated before and after that.

Somewhere in between zuzalu happened, where colton informed me that he talked to certain people and it looked like the project would get a guaranteed boost in the next grants round. (dont want to make wild accusations, since I cannot find the text anymore, but there is a possibility that some screenshots still exist, which i will try to provide)

In the next citizens round, colton applied with ace, where the project got i think over 10k from the community and another 25k from gitcoin directly (please correct me if im wrong). Going to mention that at the time it was still just midjourney prompts with names attached to them and no gameplay. The production cost before and after this point was a midjourney subscription, a photoshop subscription and whatever the printing costs were.

Think that after that the project applied for another grants round (but please correct me if im wrong on this one)
Later at eth denver the project sold out at 0.1 eth a deck. colton gave a speech and forgot to mention my involvement, the fact that he and his brother were playtesting my cards, where we started talking about collaborating on the project, etc.

I voice my displeasure about the situation (again was actively working on the project basically since its inception) at which point a months long conversation started. One of the things mentioned is that i cant be compensated for my time cause the project isn’t doing well financially, so since i supported the project both financially and by working on it, i am wondering where all the money went. Again the project got over 30k in funding from gitcoin. The production cost was a midjourney sub, a photoshop sub and whatever the printing costs were. After the printing the project sold out at 0.1 eth per deck (so just need the number of decks printed to calculate the profits).

After months of conversation and excuses he informed me that the project now went open source (so everyone, including me can make a card game now… this honestly funny at this point).

Making a forum post now after raging on twitter a few months ago. Definitely didnt mention everything, this shit is really tiring to write, but i hope we can unpack this together along the way. Again ask me as many questions as possible please.

Questions/requests i have for now:

Colton:

  • Would ask the all the videos from the “community sessions” to be released (colton said he was recording them)

  • Did we start to talk about making a card game in 2021/2022?

  • Would ask when and why exactly it was decided that you didnt want to work together on a card game anymore?

  • What happened to kinleys old twitter profile?

The dao:

  • I was supportive of the project myself, but still wondering why the dao decided to fund the project for an additional 25k, specially with all the layoffs happening in certain workstreams at the time

  • Will say that it was weird that the card game that was already being developed inhouse was canceled, but later the same people supported a suggestion for a card game - please keep in mind that there was a clear interest for it and that it got only positive feedback until its cancelation. Also the card game suggestion were 60 midjourney prompts with names attached to them and no time put into gameplay

And if you consider the communities feedback and the fact that the decks sold out at 0.1 eth per deck, it could have potentially been a nice additional revenue stream for the DAO. - more of a statement i guess

Audio File link

Regarding the audio file:

  • There is a text file that i wrote to colton a few weeks prior that i can release if anyone wishes (would be to make it fair or whatever - will probably do so sooner or later anyway)

  • The audio came after months of discussion and after he tried to end the conversation with a more firm and decisive tone without addressing the issues

  • If anyone feels uncomfortable listening to it i can provide a transcript, also if anyone wants to address anything else that is said and does not have a timestamp please feel free to do so

  • After that came a few more weeks of staling after which i was informed that the project went open source

Questions regarding the audio file:

1:01 - it is said that i wasnt hired in a professional capacity cause my specific skillset was not needed at the time.
We were still working on the project since it started, and that is a convenient thing to say after going no contact when the project sold out.

1:15 - I have to say that the roles and/or my involvement wasnt directly discussed and there certainly werent any contracts, but i didnt think i would be excluded. We did talk about making a card game together since 2021, the problems, gatekeeping, etc., started once the cards were in their hands (pun intended). Also have to say that it was confusing at major milestones and that i found myself questioning whats happening and having to reaffirm my participation.

2:00

  • What amount of money was funneled back to gitcoin? And when?

  • What amount was used for the printing (would also need the number of printed decks to calculate how much the profits on the first run where i participated)

  • Which company bills? (production cost up until then were a photoshop sub, a midjourney sub, and maybe i missed something, unless you count staying months abroad as a company bill).

Please keep in mind that he received funding for infinite garden (not sure of the amount, pls check or correct me if im wrong), later for ace, after that ace sold out at eth denver.
He said the project is low after just spending a month in japan (where more decks were sold and where the project had 3 meter tall inflatable plush figurines on display) - His statements do not seem realistic

2:15 - I was interested in the details but when i asked about the number of decks printed and where the money went the question wasnt answered (and later, as i said to him, i may be wrong about the profits, would just need the number of printed decks to calculate)

2:30 - I dont know what colton was talking about with the other people he invited. To me, it looks like he created the “community sessions” precisely so he could claim what is being said in this part of the clip.

  • If the other contributors dont wish to be credited thats their right i guess

  • Provided way more card concepts that the ones that were used at the end (as i said to colton, if the designs were not sufficient, i could have redone them), and can also confidently say that i worked more hours than the other contributors (except coltons little brother kinley - would still need to unpack some things here though)

  • About the community driven project and not being able to credit people

  1. How hard is it to include a sentence on a webpage and/or mention someone while giving a speech?

  2. So the community builds cards and then you sell them back to the community?

  3. Public credit was impractical for everyone that was involved…what do i even say here?

3:10 - Yes i did. Colton and kinley were 2 of the first paid playtesters, where we started discussing collaboration (the game needed better art, a gameplay overhaul, possible name change, etc…)

3:30 - Not sure which card set is meant here (if its infinite garden, yes you worked on it on your own after i told kinley that the original project has been put on hold. As im sure colton remembers though, we did start to talk again before the project applied for a grant.

3:40 - The citizens round was before eth denver, after eth denver on a call he said that people were interested in the art and not in the game (sadly not recorded, but there were a lot of contradictions).

4:20 - Cant just end the conversation (going public was a response to him writing a message that was supposed to “conclude the discussions on this matter”. Also, if he wanted to support me in any way he could, he could have just credited me fairly.

There is a lot more to talk about, but lets start with the things written. Can expand on anything, can provide screenshots of multiple conversations, found a video from one of the early meetings and still have to repair my phone to get some screenshots i made before some things got deleted.

Not asking anyone to pick sides, but i find it really disappointing that it looks like the situation has been basically swept under the rug. The investigation (or lack thereof), felt more like an attempt to silence me. The whole conversation felt really dismissive.

Would like to emphasize to everyone to make people sign NDAs, record all your conversations, get everything in writing from day one and not trust people who call you friend. Basically, if i knew that their endgame was to push me out of the project, i would have just continued working on my own and applied for a grant myself once midjourney came out.

Also if anyone believes that i’m just an entitled asshole or jealous, please feel free to let me know.

Sorry for any typos and if anything is unclear please let me know

Questions for me please.

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Files available here (if anyone has trouble accessing them please let me know):
https://drive.google.com/drive/folders/1H_JDLwurVuNlV4vFGo7rdLsXUpUmx6uP?usp=sharing

Folder: Telegram messages - Video “Conley1”:
I am going to provide context for the messages at a later point (it will be my side of it).
Edit: I also encourage as many questions as possible.
If anyone wants the full conversation, let me know. I can DM it, but it contains pictures, names, and addresses, so I decided not to post it (I still might in the future - the full conversation starts on the 21st of November 2021 and probably paints a clearer picture).
If any of the timestamps are off, please let me know.

00:01 (February 22nd 2024) The conversation starts some time after ETH Denver ended (the previous message discusses the projects I was working on at the time and me asking about the state of ace and whether there are any learning opportunities).

00:03 (March 15th) - I wrote the message because I had heard less and less from them since the project sold out.

00:11 (March 19th) - Response from colton

00:15 (March 21st) - Response from me

00:21 (March 25th) - Response from colton

00:26 (April 3rd) - Responses

00:34 (June 20th) - Written message to Colton discussing:

  • Personal matters
  • Regen vs. Degen playtests (he and his brother were two of my paid playtesters)
  • Prior talks about working together
  • Onboarding Kinley (his brother) to Gitcoin
  • The conference in Amsterdam
  • Layoffs happening under new MMM leadership
  • Cancellation of the card game by the new MMM leadership
  • Them applying for a grant between me telling them the card game was on hold and the next grants round
  • Them making cards with AI
  • Them starting to gatekeep
  • My involvement being swept under the rug during the speech at ETH Denver
  • Other things
    I can attach the text file, or colton can. I also know that someone else at Gitcoin has a version of it with redacted names.

00:35 (June 25th) - Response from colton (he said he would address things on the next call).

00:37 (August 9th) - Call with colton where none of the issues were addressed.

00:37 (September 3rd) - Says its a busy time for him

00:41 (September 10th) - Some issues addressed - opened more questions

00:42 (September 14th) - Response from colton

00:46 (September 15th) - Response from me

Conversation continues in video “Conley2” (google folder)

Rest of video “Conley1”
00:47 - 03:29 - Previous conversations regarding the card game
(00:47 - 01:57) Ace tcg grp conversation
(02:00 - 03:20) Discussing the proposal and gameplay
(03:21 - 03:29) 2021/2022 conversation, Twitter status

Video “Conley2”: Telegram messages

00:02 (September 18th) - Informing them ill be moving the discussion publicly

00:03 (September 20th) - colton saying the project isn’t doing well financially (will come to the numbers later)

00:09 (September 23rd) - Response from me

00:14 (September 23rd) - coltons audio message (in google folder)

00:14 (September 23rd) - Me asking about how the money was spent (in the audio message, he says that everything is visible on the blockchain - Still need a link to that).

00:17 (September 24th) - Him saying that he does not share the numbers publicly; the whole Tokyo part feels off.

00:20 (September 24th-25th) - Response from me

00:28 (September 26th) - Same response from colton, my response below

00:31 (September 30th) - Message from colton, my response below

00:31 - 00:38 (October 4th - October 24th) - Stalling

00:43 (November 1st - November 8th) - Stalling

00:48 (November 10th) - Says the project will go open source

00:49 (November 11th) - Responses

Picture “Conley3” - One of the last recorded messages. Some more came after that.

One of the last things he responded was that ace is an open-source project and it does not make any money.

So the project that sold out twice, then got open-sourced/canceled, and now he is doing the same thing under a different name.

What happened to the money that was earned?

How was the project supposedly suddenly out of money?

Is this considered a good investment on Gitcoin’s part?

Folder “Kinleys deleted Twitter acc”
https://drive.google.com/drive/folders/1yVLCDrQ8pWxdfV-SuVzeRcu7AWOsgXnH?usp=sharing

What the pictures show:
A: That we started talking about creating a card game together in 2021
B: That they deleted evidence

Picture “Compensation” (also in google folder)

What the picture shows: That compensation was discussed prior to the discussions above

Colton started talking about other forms of compensation and offering equity. It’s a bit after the project received the grant from gitcoin, so the first time the project had any money.

Picture “Proposal”

What the picture shows: That colton was talking to Scott and Kyle, who said to write a proposal for the Citizens Round prior to the round unfolding (perhaps even before it was announced - the dates would need to be checked). It also appears that he was talking to other stewards while at the Zuzalu conference. I should also note that I was supportive of the project at the time, but sadly was not present there.

I cannot find the screenshot where colton writes that Kyle Weiss told him to just write a proposal and it was implied that he would get the bonus in the next Citizens Round (this comment was deleted by Colton). When addressing this, please keep in mind that the screenshot might still be found.

If the DAO thought he deserved the extra money, why not just give it to him? Why do it in the scope of the Citizens Round and therefore make it unfair to all of the other participants?
And are backdoor deals considered regen?

Numbers:
https://opensea.io/collection/defi-vs-cefi-acetcg
https://opensea.io/collection/regen-vs-degen-acetcg

Defi vs cefi online sales: 62 decks at 0.1 eth per deck = 6.2 Eth

Regen vs degen online sales: 65 decks at 0.1 eth per deck = 6.5 Eth

Keep in mind that these show only the online sales from the first created batch, where I was still 100% present; after that, the communication dwindled. Decks were also sold at live events, so the actual numbers are higher. Providing an actual number of printed and sold decks is therefore necessary.

Designs I suggested were also used and posted under someone else’s name after they stopped communicating. - Edit: posting evidence at a later point in time

What I can still provide:

  • List of cards I was working on
  • Discord, Twitter, and Telegram conversations

I would kindly ask if the DAO could please provide (I was looking online but sadly could not find the info; it would greatly help the investigation):

  • Exact dates of the Citizens Rounds
  • A list of projects that applied to the Citizens Rounds
  • Results of the Citizens Rounds (winners, amounts)
  • Wallet address the grant money was transferred to (to be able to check the transactions that were made later and cross-reference them)
  • Amount colton funneled back to Gitcoin (Tx hash)

More information and questions will follow in the coming days.

Around the same time he was saying the project was low on money, he was in Tokyo promoting it.
I’m interested in what the cost of those giant figurines was.


Since then, the project’s Twitter/X account has been deleted or it’s now inaccessible to me (you can check yourselves: https://x.com/acetcg_xyz).

Colton has proof that this specific design was originally suggested by me during one of the recorded Treehouse sessions in July 2023.


He probably won’t release the videos that prove my side of the story but

I’d like to ask if all the videos from those sessions could be made public.

I would kindly ask if the DAO could please provide (I was looking online but sadly could not find the info; it would greatly help the investigation):

  • Exact dates of the Citizens Rounds
  • A list of projects that applied to the Citizens Rounds
  • Results of the Citizens Rounds (winners, amounts)
  • Wallet address the grant money was transferred to (to be able to check the transactions that were made later and cross-reference them)
  • Amount colton funneled back to Gitcoin (Tx hash)

More information and questions will follow in the coming days.

I only scrolled through briefly.

Appears to me like a long list of grievances.

What is TLDR and what should people do? Who are the relevant people?

There is no such thing as „internet police”, I am realistic that there is little recourse.

If I was to guess (without knowing any details) is that the money went towards cost of living + conference budget + production cost to make the physical decks.

If you were sidelined: co-founder dramas happen, I’ve experienced a genuine co-founder drama and walked away from a project. Heartbreaking experience, I do not wish anyone to feel that way, maybe with and exception of an enemy.

(but I prefer to have no enemies and do not wish these feelings to anyone full stop)

Now that you’ve posted on the public forum maybe time to circle back to the AceTCG existing team and try to resolve in private?

Broad, generic, always true advice. If by accident offended anyone: please do not cancel me. Just me providing some reflections. World is in conflict, propaganda left and right, I’m in the business of global peace and reconciliation :sparkles::sparkling_heart::pray:

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Ahoy and hello,

TLDR:

  • Deep gratitude for your thoughtful response and suggestions.

  • The way project funds were reportedly spent raises serious transparency concerns.

  • Communication with the ace team has been blocked, making public discussion necessary for accountability.

First of all, I want to sincerely thank you for taking the time to respond and show interest in this issue. To me, it often feels like the wider community and the higher-ups are simply ignoring it, so I truly appreciate that you took the time to write something at all.

I’ll try to respond by explaining my own perspective - not to argue or sound harsh, but simply to lay out the facts as I see them. Once again, thank you for engaging with the post.

As you suggested, I’ll prepare a TLDR summary and include other relevant details so that everything is easier to follow. Thank you for the suggestion.

I’m fully aware that there isn’t such a thing as “internet police,” but I had hoped that people involved in this organization would still care enough to take interest in the matter - especially since their entire, or most of their brand identity revolves around “regen” values and ethics. It also seems that the people who could actually help choose to overlook the problem, and there’s this ongoing issue of misused funds and backdoor deals that should concern the whole DAO, yet it keeps being ignored.

I’ve been part of the project since the very beginning, so I’m familiar with a lot of the details. Again, I’m not trying to be confrontational - just stating the facts as I know them.

I actually agree with you on how the money might have been spent, but if that’s correct, then it raises new questions:

Cost of living:
If the funds were used for this, then they essentially paid themselves - which directly contradicts earlier statements that no one would take personal payment and that all funds would go toward production (talking specifically about the grant money).

Conference budget:
Similarly, if the money was used here, you may say that it is a business expense; at the same time, I dare say you’re just paying for a personal vacation. It’s also questionable since Colton had already been attending crypto conferences abroad for months before the grant was received, so I doubt using grant money to travel was necessary, needed or justified.

Production costs:
Based on what I know, the actual expenses were very modest:

  • a Midjourney subscription (around $30/month)

  • a Photoshop subscription (around $30/month)

  • printing costs (roughly $10–50 per deck, depending on quantity of ordered decks)

  • personal time

When you consider that the available funds were around $35k from the Gitcoin grant, and that decks were sold at 0.1 ETH each, it’s fair to wonder where the remaining money went and how it was split up percentage-wise. Even accounting for fair profit and personal compensation, the numbers don’t seem to match the narrative that all funds were “reinvested” or “funneled back into Gitcoin.”

Also, the higher the number of printed decks, the higher the profit - so the statements made about the project not having money don’t make much sense. I’m not against people making a living from their creative work - far from it - but I do think transparency is owed, especially when public grants and community trust are involved.

I’m sorry to hear about your own experience being sidelined in a co-founder situation. I respect your decision to walk away, but unfortunately, I cannot take that same path.

About “enemies”:
These were people who called me “friend” as long as I was useful to them and could help their careers. Once that was no longer the case, I got milked for a few more ideas and was dismissed once the project started making money. That seems manipulative, to say the least.

About walking away:
I simply can’t afford to do that - not financially, and not ethically. Being uncredited and uncompensated for my work is something I have to stand up against.

Regarding “circling back” to the ACE team:
The project was open-sourced/canceled right after the issue of crediting and payment came up. I’ve been blocked on their social media accounts - maybe not all of them, but I’m not going to write messages on every platform just to see if communication is still possible. They had six months to address this privately while the issue was still developing. Now that it’s public, I believe it’s appropriate to keep it that way. I prefer as much transparency as possible.

And to say it in a funny way: they can’t privately give me public credit.

Also, my personal opinion is that if you have nothing to hide, talking publicly about an issue should not be a problem. People can still decide that I’m in the wrong here. I also feel like discussing this publicly may be the only way to resolve it - and maybe even ensure they face some consequences for their actions, which could discourage similar behavior in the future (both from them and from others observing the situation).

Might still add a few things if I think of something later.

Once again, thank you for engaging with this post. I don’t think anyone would have a reason to “cancel” you simply for sharing your thoughts, and I genuinely appreciate the kindness in your message. If you’d like to continue the conversation, feel free to reply here or message me directly - I’m open to it. If not, I still wish you an amazing day and all the best in your future endeavors.