ABOUT US  |  CONTACT US  |  RSS  |  ARCHIVE  |  2024-04-25  |  UPDATED: 1402/11/15 - 18:13:1 FA | AR | PS | EN
Formation of the Federalist Assembly of Afghanistan             Israel launches missile attack on outskirts of Damascus, killing Syrian civilians             UK national scandal: 20,000 mental health patients raped, sexually assaulted in NHS care             Three US troops killed, dozens injured in drone attack in Syria             Trump says NATO will not come to rescue if US attacked             Ukraine beset by $40m fraud in arms procurement amid war with Russia            US approves sale of F-16 jets to Turkey after Ankara ratifies Swedens NATO membership             UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza             Taliban: Afghanistan Does Not Have Formal Border With Pakistan             Gazas major health facility collapses amid Israeli attacks: MSF             Americans to redeploy nuclear weapons in UK amid fears of WW3             Biden makes history: 1st sitting US president sued for complicity in genocide             Trump walks out of courtroom during closing arguments of Carrolls attorney            US: 3 dead in shooting at Texas apartment complex            US-UK aggression against Yemen risks expansion of war: Iran            


DATE PUBLISHED: 1400/11/11 - 21:12:5
VISIT: 20577
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

Federalism in Afghanistan: Opportunities and Challenges

Formation of the Federalist Assembly of Afghanistan

Israel launches missile attack on outskirts of Damascus, killing Syrian civilians

UK national scandal: 20,000 mental health patients raped, sexually assaulted in NHS care

Three US troops killed, dozens injured in drone attack in Syria

Trump says NATO will not come to rescue if US attacked

Ukraine beset by $40m fraud in arms procurement amid war with Russia

US approves sale of F-16 jets to Turkey after Ankara ratifies Swedens NATO membership

UNSC to meet to discuss ICJ ruling on Israeli genocide in Gaza

Taliban: Afghanistan Does Not Have Formal Border With Pakistan

Gazas major health facility collapses amid Israeli attacks: MSF

Americans to redeploy nuclear weapons in UK amid fears of WW3

Biden makes history: 1st sitting US president sued for complicity in genocide

Trump walks out of courtroom during closing arguments of Carrolls attorney

US: 3 dead in shooting at Texas apartment complex

US-UK aggression against Yemen risks expansion of war: Iran

Yemen directly hits US warship with ballistic missile

Hamas has self-reliantly opposed the three giant intelligence agencies of the world!

President Raeisi calls for UN reform, says body unable to end Gaza genocide

Pedram: The Abduction of Hazara and Tajik Women Recalls the Crimes of Abdur Rahman

Special envoys from G7 countries discuss Afghanistan in London meeting

Turkish lawmakers open debate over Swedens NATO membership

UN agency says over half a million Palestinians face catastrophic hunger in Gaza

Palestinian Islamic Jihad: Al-Maghazi operation proved defeat of Israeli regime in Gaza war

European support for Israel damaging energy security on the continent, report says

Pakistan Army Kills Seven Terrorists Near Afghan Border

Israel kills at least 190 people in Khan Younis in 24 hours

UNAMA report: 49 Hazara community members killed in Afghanistan in three months

Indias Modi inaugurates Hindu temple on site of razed mosque ahead of elections

US 2024 election: DeSantis drops out of Republican presidential race, backs Trump

Survivors of Russian charter flight crash transferred to Kabul

Irans anti-terror strikes clear message to certain recipients: Foreign Ministry

Ethnic mass killings in one Sudan city last year left up to 15,000 dead: UN report

Iran says reserves right to avenge Israels assassination of IRGC advisors

Rocket barrage targets Ain al-Asad base housing US forces in western Iraq

Lebanese media: Israeli drone kills 2 Hamas members in southern Lebanon

Five IRGC advisors assassinated in Israeli aggression on Syria

Pakistan recalls ambassador from Tehran

Iraqi PM stresses to NATO chief ending of foreign troops

UN chief reiterates call for immediate ceasefire in Gaza


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