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c402.markets: Incorrect use of protocol to create a PING caused a system outage; the platform's official launch will be delayed by several days.

2025-11-11 15:22

According to Odaily Planet Daily, c402.markets issued an apology letter stating that when creating tokens on Base, it mistakenly used the x402 protocol to open minting. Because participation only required $1, it unexpectedly triggered a community frenzy, causing server overload and the tokens to be quickly snapped up.

The team stated that PING's sudden popularity was unexpected, but the widespread attention it garnered has unwittingly made x402 a hot topic. Due to the need to fix the system and optimize the casting process, the official launch of c402.markets will be delayed by several days. The letter also noted that when the first round of casting begins, PING holders will be able to "relax and observe," while developers will need to focus their efforts. Users are advised to follow the c402.markets website for further updates.