Unofficial Minecraft NFT game 'Blockverse' disappears with more than $1M
pcgamer.comAnother day, another NFT rug pull, this one purportedly perpetrated earlier this week by Blockverse, «an on-chain 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.
It's a substantial sum of cash: 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, it had also drawn another 792ETH in «secondary sales,» bringing the potential total to $3.2 million.
SOLD OUT IN UNDER 8 MINUTES
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