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Azuki founder Ragd 3 previous project. | NFT Culture | NFT News | Interviews and more

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Wake upCurrently the leader of the infamous Azuki project AA has published a blog “A Creator’s Journey.” Where he admits to being behind 3 previous projects that eventually became ragpools including Cryptophanks, Tendis and CryptoJanks. It is rumored that members of the Cool Cats team found out about his information and decided that they were going to release details of these previous projects so that Jagaband could get out before the news with his blog post.

“Manufacturers must learn from every experience, every time they come back to the drawing board with something innovative and significant. Brave innovation in technology and industry is the key to Azuki’s success. We test based on principles first, not conventions. We fill in the blanks when we see them. The team advances technology, and supports meaningful art as well as deep, immersive storytelling. Azuki is our vision for the future of Web3. “

According to Jagabond, he believes that what we have today would not be what we are today without learning from our previous projects:

  • Funks The important magic behind storytelling taught us (i.e., Philip was the inspiration behind Babu).
  • Tendis Rather than chasing a short-lived meta has taught us the importance of core concepts.
  • And Junks It taught us that no matter how great the product is, the space is exploring new universes, a strong sense of purpose beyond the rare features and unique experience with gas optimization (i.e., it was ERC721A’s inspiration to reduce gas costs for the community).

On May 10, he went to Twitter spaces to defend his position but the damage has already been done and the floor price of the Azuki project is now below 10 ETH. Launching multiple projects with Jagaband is not a major problem for collectors and the NFT community. Much of their frustration surrounds this person who has been created to take advantage of suspicious collectors (including অব 0xamanda disguised as real women). In addition, although he has stated that he plans to give community ownership to previous projects, he is not willing to give the keys to the wallet to allow communities to thrive.

The Azuki team drains 1,594 ETH (over m 4m) from the wallet

Upon releasing the article from Zagabond, the Azuki team removed the wallet that contained all of Azuki’s funds. This in itself does not mean that it is 100% a patty (they can move it for countless purposes) but it is an extra red flag that could be the final nail in the coffin.

We will stay ahead of this news and share as soon as we know more.

We have established the NFT Bill of Rights to help projects avoid these challenges



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