The NFT project Friendies suddenly interrupts the company and triggers rumors through a possible RUG Pull
The NFT project Friendies suddenly interrupts the company and triggers rumors through a possible RUG Pull
On February 21, Friendsies, a non-fungible token (NFT) collection, which recently collected around $ 5 million, unexpectedly inserted a "break" on her roadmap, which in the Community triggered rumors about a possible carpet train .
According to the Friendsies team, "the volatility and the challenges of the market" make it difficult to progress the project, so that they decide to put it aside during the room. They added that the team would "wait and watch and observe the right time and the right occasions" to reappear and realize their complete vision, and thanked everyone who believed and supported it from the start.
ival - hello friends! We wanted to contact the community directly with an important update. As a project founder, we decided that it would be best to take a break
- Friends (@friendsies_ai) 21. February 2023 The decision made by the developers was not well received by the community, since many information was that they were confronted with one of the most promising NFT projects in the ecosystem. This could have been catalyzed by the fact that the accounts of the project -at least temporarily. friendsies, an NFT with a 3-eth coin that was pumped by influencers like Farokh about a year ago, is officially robust. 3700+ETH volume traded. had the support of all of her favorite influencers. and they are robust. HARD. pic.twitter.com/hbcxjyqpj9
- hashbastards nfts 🤑 (@hashbastardsnft) 21. February 2023
The community reacts to the possibility of a rug pull
Samuel Borkson and Arturo Sandoval III launched the Friendsies collection in April 2022 via a Dutch auction, which began at $ 3.510). Ultimately, the project was able to collect a total of $ 5.3 million by the characteristics of 10,000 NFTs, according to the Twitter user ZachxBT, who pointed out that it is not known "as the funds may have been issued".
with the $ 5.3 million
Since September there have been no announcements, no community fund and no P2E game. The team blames "market volatility" as the reason for this. pic.twitter.com/fm8ytum4ur -zachxBT (@zachxBT) . February 2023 According to ZachxBT, the developers stated in their roadmap that "1.25 % of all license fees (~ 47 ETH) should be paid back to the owners", but this never happened that they did not make any traces by leaving the timetable by Discord. The NFT investor Tmagled argued that a year after he was attacked because he had badly talked about the project, the carpet train that he had so strongly advised. I just wanted to catch the fake carpet pump that I knew it was. In the meantime he is hiding behind the photo of a "monkey" to Lmao He is actually a completely brainper donkey pic.twitter.com/l5qxyobu - tmagled 🐅🦍 (@tmagled) 21. February 2023 Satvik Sethi, CEO from JoinCircle, a social app with a focus on Web3 and former NFT product chief for Mastercard, spoke out on Twitter for a public range of friends and suggested the project to advance with a new team.
submit a public offer to take over Friendsies. I install a new team and bring the project forward with another vision 🌩 The IP has so much potential and the owners earn better. We simply cannot let such things be grinded because it really harms the room. - Satvik Sethi (@Sxtvik) 21. February 2023 Sethi has not yet received an answer from the Friendsies developers, but many members of the NFT community have offered their support to continue the project. It is worth noting that a carpet train (or the rumors about it) can be very harmful to investors. If such an event occurs, you can lose your money extremely quickly, and it is difficult to determine legal responsibilities for a decentralized project. On the other hand, if rumors spread and gain enough strength, the lack of trust could counteract all possible plans that a team must move forward. Both scenarios have already occurred. The Friendsies team later published a tweet in which it assured its fan base that it was not intended to wind up investors, probably in response to the massive influx of hate that it received: We were overwhelmed by hate and threats and both our Twitter and our website were attacked. Please understand that our intentions and actions are good here. We are sorry if we let you down with our message today, but we don't go anywhere. Friendsie were designed as works of art - Friends (@friendsies_ai) 21. February 2023 There is currently great uncertainty in the community. becomes Friendsies The first NFT RUG pull in 2023, will it continue after the "misunderstanding" or will you accept Sethi's offer to save the project? At the moment are the only ones who have the answer, the developers and they have been silent. . Former NFT manager from MasterCard comes for rescue