ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2023-09-24  |  UPDATED: 1402/07/02 - 00:55:4 FA | AR | PS | EN
US to supply Ukraine with long-range missiles reaching 300km             China urges lifting of illegal unilateral sanctions against Syria            Russia says Armenian troops in Nagorno-Karabakh begin surrendering weapons            China ready to work for regional peace with South Korea: President Xi             Ukraine says Russian naval commanders killed in Crimean HQ during missile attack             Martyr Morteza Avini as the pioneer of Irans Sacred Defense cinema             Pakistan: We will put pressure on the Taliban for the right to education for girls and the rights of Afghan women             UK recession risk grows with cost-of-living crisis hitting businesses            Poland to send older weapons to Ukraine to fulfill existing agreements: President            Meet Claudia Sheinbaum, the Nobel Laureate Set to Become Mexicos First Female President            Trump Reportedly Refused to Wear COVID Mask Because It Ruined His Makeup             Calls to reopen girls schools in Afghanistan continue            Tajik President Remarks on Intra-Afghan Dialogue, Inclusive Govt            Thomas West: We Need to Keep Women, Girls Issues Front and Center            Iraq reiterates its rejection of foreign combat presence on its soil            


DATE PUBLISHED: 1400/11/11 - 21:12:5
VISIT: 14498
SHARE WITH YOUR FRIENDS

Minecraft NFT project founders disappear after making $1.2mn


"Minecraft". © Xbox Game Studios

Blockverse creators apologize, say they were forced to switch off due to harassment

Yet another NFT project has pulled the rug from under its users. This time its Blockverse, "an on-chain Ethereum NFT that enables P2E on Minecraft like no other." Essentially, it is a private play-to-earn Minecraft server available to holders of Blockverse NFTs. The project sold 10,000 of these NFTs for about $120 a piece shortly after the project was announced, netting over $1.2 million. However, just a few days later, the creators unexpectedly deleted their website and Discord server, and shut down the game server, making off with all the money.

After three days of complete silence, some of the community members managed to track down information about the project creators, after which the official Blockverse Twitter account published an apology, saying that the project was fully legitimate and everything was going well, but that it had hit a few hiccups, including "high gas fees."

"Hey, all. We feel that we owe everyone an apology, and more importantly an explanation. Blockverse was supposed to be a great project, as before our launch we invested an enormous amount of time and resources working on it," the statement reads. "Everything was fully legitimate: our contract was verified, the game infrastructure was fully set up, and our launch went well, albeit with some small bumps along the road.

In the midst of our continued development, we failed to realize and contain all the FUD [Fear, Uncertainty and Doubt] that was going on through a multitude of issues, including but not limited to: gas fees being high, MC server not being able to hold everyone at once, and the lack of utility of $DIAMONDS. Eventually, things started spiraling out of control."

The statement further explained that after people started growing frustrated and asking questions, the Blockverse team panicked and "deleted the discord server on impulse" before shutting down everything they had to "prevent the continuation of harassment that had occurred so far." Blockverse claims that the measure was intended to be temporary, but because the situation "has only worsened" itll still be a few days before the Discord and Minecraft servers are restored.

We are disappointed that the community jumped to false accusations so quickly, but we still believe in our project, and in order for everyone else to regain that faith, we are in talks with professionals in the space about how we may proceed," the Blockverse team wrote. "Our intention is to work with other trusted developers and community members, granting them access to our website, servers, and all of the backend infrastructure so that there is no risk in peoples minds of the project going offline. Were aware of how much damage weve caused already, but we hope that this gesture towards the community can help us get back on track."

The statement seems to have failed to convince the Blockverse community, who believe it was issued only to avoid prosecution after the creators were tracked down by the people whose money they had apparently run off with. Many users appear to be pessimistic about there being any actual plans to carry the project forward.

The Blockverse community leaders are now trying to gain control of the project, but the founders have said they will hand over the codes only on the condition that they get to keep the 500ETH ($1.27mn) raised by the initial token sale.

"What we really want are the assets and 200-400ETH to hire people to run the project," said the community leaders. "Most rug pulls recover little of anything, so the community is realistic in terms of a settlement. We are in agreement to letting them keep some. We just want enough to run the project."

 

LINK: https://www.ansarpress.com/english/26611


TAGS:






*
*

*



SEE ALSO

Martyr Morteza Avini as the pioneer of Irans Sacred Defense cinema


Three women will host this years Oscars, while ratings continue to plummet


One of the most expensive properties for sale in auction of the century


Iran urges US to repatriate all Achaemenid tablets


K-pop stars test positive for Covid after US tour


Eighth annual Andrey Stenin photo contest launched with prizes of up to $9,500


Cancel culture could kill off comedy, actress warns


Pop star awarded National Hero of now-independent Barbados


Kevin Spacey ordered to pay $31mn to those who fired him


Afghan orchestras and artists insist Taliban wont stop the music





VIEWED
MOST DISCUSSED




POLL

Modi, Merkel Discuss Afghanistan, Radicalisation And Terrorism

SEE RESULT


LAST NEWS

Addressing UNGA: Russian FM slams Wests empire of lies, says Kiev peace plan not feasible

US to supply Ukraine with long-range missiles reaching 300km

China urges lifting of illegal unilateral sanctions against Syria

Russia says Armenian troops in Nagorno-Karabakh begin surrendering weapons

China ready to work for regional peace with South Korea: President Xi

Ukraine says Russian naval commanders killed in Crimean HQ during missile attack

Martyr Morteza Avini as the pioneer of Irans Sacred Defense cinema

Pakistan: We will put pressure on the Taliban for the right to education for girls and the rights of Afghan women

UK recession risk grows with cost-of-living crisis hitting businesses

Poland to send older weapons to Ukraine to fulfill existing agreements: President

Meet Claudia Sheinbaum, the Nobel Laureate Set to Become Mexicos First Female President

Trump Reportedly Refused to Wear COVID Mask Because It Ruined His Makeup

Calls to reopen girls schools in Afghanistan continue

Tajik President Remarks on Intra-Afghan Dialogue, Inclusive Govt

Thomas West: We Need to Keep Women, Girls Issues Front and Center

Iraq reiterates its rejection of foreign combat presence on its soil

Ukraine warns of difficult winter after massive missile strikes by Russian forces

Former president Rabbani remembered on 12th anniversary of his assassination

Putin accepts formal invitation from Xi to visit China next month

Release of US prisoners showed true face of Irans humanitarian motives: Raeisi

China slams UK report on Hong Kong, says Londons plans doomed to fail

Irans President: We firmly clasp any hand that is extended in friendship

Al Nassr victorious over 10-man Persepolis

Azerbaijan must halt Karabakh operation immediately: EU

US military claims to find lost stealth jet fighter

US announces new sanctions over Irans drones, military aircraft

Turkeys president says parliament not ready to ratify Sweden NATO bid

Russias defense minister visits Tehran for talks on boosting defense cooperation

China FM heads to Russia after meeting with US national security adviser

Saudi Al-Nassr football team arrives in Tehran

Amnesty Intl: Secondary Schools Should Be Reopened for Afghan Girls

Two of five Iranians released in US prisoner swap deal arrive in Qatar

Iranian President Raeisi in New York for UN General Assembly session, key talks

Ukraine fires six deputy defense ministers in major reshuffle

Hangzhou Asian Games torch relay continues in China+ Video

Future of Europe at stake over migrant crisis: Italian PM

IMF to urge China to shift growth model towards consumption

Workers strike at all three Detroit automakers enters third day

Russian ambassador tells US to remove sanctions barriers to restore Black Sea grain deal

US Military: The 2021 Kabul airport incident will be re-examined


MEDICAL NEWS


ANSAR PRESS  |  ABOUT US  |  CONTACT US  |  MOBILE VERSION  |  LINKS  |  DESIGN: Negah Network Co.
All right reserved. Use this website by mentioning the source (link) is allowed. Ԑ یی