Investors are reporting missing profits from the Immersed iOS app campaign. Was it a system glitch, or something far worse? Here’s what we know.
You Logged In. You Checked the Numbers. And Now It’s All Gone.
For months, Wefunder backers of Immersed IO saw a shiny number next to their investment, an unrealized profit that seemed to reflect growth, promise, and potential.
Then it disappeared.
No email.
No explanation.
No popup warning.
Just a quiet reset to zero.
What’s happening behind the scenes is still unclear. But one thing is certain investors are pissed. And they have every right to be.
This All Ties Back to the Failed Immersed IPO
In 2023, Immersed announced it was going public through a SPAC merger valued at $150 million. The listing was meant to signal maturity and deliver exits for early backers.
By May 2024, the entire deal was canceled. The SPAC partner, Maquia Capital Acquisition Corp, walked away. Immersed said nothing to Wefunder investors. No formal investor letter. No future roadmap.
Yet, the Immersed iOS app was still online. Still downloadable. Still selling the dream.
And Wefunder? Their platform still showed investor positions.
Until suddenly, it didn’t.
How Does Unrealized Profit Just Vanish?
Unrealized profit is not the same as actual payout. But platforms like Wefunder often show projections based on valuation events like IPO filings or term sheets.
When Immersed announced the IPO, their equity value may have been re-calculated internally and reflected in dashboards. But when the deal fell through, the value collapsed and Wefunder appears to have removed that data entirely.
The result?
Investors saw an increase, then a total wipeout.
And no one said a word about it.
Is This a Bug or a Cover-Up?
At best, it’s a broken system that failed to communicate critical changes to investors. At worst, it’s a cover-up of false optimism — a manufactured valuation wave that was never meant to hold.
Either way, investors feel betrayed. They were shown hope, encouraged to hold, and left without visibility when everything collapsed.
If the platform is capable of showing numbers that mean nothing, what’s stopping another startup from doing the same?
Investors Are Noticing And They’re Not Quiet
Online threads are exploding with confusion:
- “Where did my profit go?”
- “Why is my Immersed position zeroed out?”
- “Was this a scam?”
- “I never got a closure notice.”
The deeper you dig, the worse it looks. The Immersed campaign has been pulled, but some cached pages still exist. The support inboxes are slow. Wefunder hasn’t published a single official post clarifying the Immersed situation.
This is how trust dies slowly, then all at once.
What Should You Do If You Lost Visible Profit?
If your Immersed IPO (Immersed iOS app) investment showed profit and now shows zero:
- Take screenshots of your current dashboard
- Check old emails or saved statements for prior profit indicators
- File a written inquiry with Wefunder support
- Document everything — dates, account changes, responses
- Compare with other cases from our crowdfunding scams section
You may not get your money back. But creating pressure now could prevent this from becoming the new normal.
The Bigger Problem
The Immersed IPO was supposed to be a win for tech believers. Instead, it’s now a case study in how fast value can collapse and how platforms fail to protect users when things go south.
Nobody stopped to explain anything. Not the founders. Not the board. Not the fundraising platform. This level of silence only happens when no one wants to be responsible.
And you’re the one holding the loss.
Final Thought
Profit doesn’t just vanish. Someone updates the numbers. Someone disables the field. Someone signs off.
So if your Immersed IO unrealized profit just disappeared, ask yourself, is this a glitch, or is someone quietly closing the door while you’re still standing inside?
Whatever it is, it’s not okay.
And it shouldn’t be ignored.
