Theres 10k good projects and a lot have raised the similar capital investments.
Azuki have revolutionized nothing. 721a was an opensource contract for multiple minting written by NFT Chance, which was slightly modified and rebranded by the Azuki team.
They did an airdrop, so does every other project. They gave away a jacket? Again, free merch is not new. I've personally received free clothing merch from two other projects.
You completely gloss over and glorify Zaga who rugged countless people, had no intention of ever giving money back or relinquishing the contracts, and only did so because he was forced to. He has admitted to three rugs, there are likely more. Zaga is still in the team; the team likely knew his past or helped him previously, ergo the Azuki team as a whole are untrustworthy.
Saying you plan to build a roadmap/project ecosystem from the investment people paid to mint, and then abandoning the project and running off with the cash isn't a "Failure".
Its fraud. Its theft.
There is no redemption arc where a thief gets to keep building a successful project, just because half of the holders are too pigheaded to realize the future of the project is dead. The hype is gone, and people do not want to support a team of scammers.
All you had was an NFT, some art work. And thats what you're left with, its just not worth as much and that will continue to decline too.
Azuki is not blue chip any more. Its not Apple or Samsung. Its a JPG you bought from a con artist.
Apple did the same as Samsung. However, Apple created a strong culture and ecosystem. That's why they are first now. It's not because you are using the same tactics as others that you are similar to them.
GOATED
Excellent work!
Great breakdown/read! Awesome work fam!
Meh.
Theres 10k good projects and a lot have raised the similar capital investments.
Azuki have revolutionized nothing. 721a was an opensource contract for multiple minting written by NFT Chance, which was slightly modified and rebranded by the Azuki team.
They did an airdrop, so does every other project. They gave away a jacket? Again, free merch is not new. I've personally received free clothing merch from two other projects.
You completely gloss over and glorify Zaga who rugged countless people, had no intention of ever giving money back or relinquishing the contracts, and only did so because he was forced to. He has admitted to three rugs, there are likely more. Zaga is still in the team; the team likely knew his past or helped him previously, ergo the Azuki team as a whole are untrustworthy.
The Zagabond case is still a complex topic to talk about.
You are making the bet that Azuki can't create trust anymore.
I'm betting that from failure comes success. Let's see who will be correct.
Saying you plan to build a roadmap/project ecosystem from the investment people paid to mint, and then abandoning the project and running off with the cash isn't a "Failure".
Its fraud. Its theft.
There is no redemption arc where a thief gets to keep building a successful project, just because half of the holders are too pigheaded to realize the future of the project is dead. The hype is gone, and people do not want to support a team of scammers.
All you had was an NFT, some art work. And thats what you're left with, its just not worth as much and that will continue to decline too.
Azuki is not blue chip any more. Its not Apple or Samsung. Its a JPG you bought from a con artist.
Apple did the same as Samsung. However, Apple created a strong culture and ecosystem. That's why they are first now. It's not because you are using the same tactics as others that you are similar to them.