Project founder rejects "soft rugpull" claims after angel investor complaints

Angel investors say Fantasy.top went silent after generating millions in revenue and did not return about $50,000, while co-founder Travis Bickle states the company was funded by product revenue and still has multi-year reserves.

Summary

Fantasy.top is facing renewed criticism from angel investors who claim the project went silent after generating millions in revenue and refused to return about $50,000 in investments. Co-founder Travis Bickle rejected the allegations, saying Fantasy.top has been fully funded by product revenue over the past two years and did not use investor funds. He also said the company reduced expenses and founder compensation and retains enough reserves to continue operating for years. The dispute continues to center on investor complaints over communication and repayment versus the founder’s position that the business did not rely on outside capital.

Terms & Concepts
  • Angel investors: Early-stage backers who provide capital to startups or crypto projects, typically before broader fundraising rounds.
  • soft rugpull: A term used for allegations that a crypto project gradually abandons commitments or misuses funds without an outright sudden exit.