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Detail Analysis

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Date:

Status:

Count:

Contributor:

January 29, 2022

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Verified

1

zerofriction.io

Loss Amount:

1,200,000

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Recovered Amount:

-

Currency:

Dollars, ETH

KYC By:

Audit By:

None

None

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Website:

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Ethereum

NFTs

NFTs

Scams

Extended Method:

Rug Pull

Data Sources:

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Unofficial Minecraft NFT game 'Blockverse' disappears with more than $1M. The project creators resurfaced today to say they didn't really pull the rug, but the project itself, and the money, are still gone. Ethereum NFT that enables a unique P2E on Minecraft like no other"—essentially a play-to-earn PvP Minecraft server, with access restricted to those who owned a relevant token. Enthusiasm for Blockverse was high—the initial supply of 10,000 NFTs, priced at 0.05ETH (currently $124) each, reportedly sold out in less than eight minutes—but just a couple days later, the project's creators deleted their website, Discord server, and game server, and disappeared with the money. The initial supply sale notched up 500ETH, which works out to more than $1.2 million. According to NFT Ethics, which tracks blockchain-related malfeasance on Twitter, there have also been 792ETH in "secondary sales"—that is, sales made by the purchasers of the original 10,000 Blockverse NFTs to other people.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.