Connect with us

NFT

MonkeyBall NFT Drop Ends in Disaster with Buyers Losing SOL

Published

on

MonkeyBall NFT Drop Ends in Disaster with Buyers Losing SOL

A brand-new video game being established on Solana called ‘MonkeyBall’ has actually triggered chaos as mad financiers require to Twitter to voice their issues about the job.

The task was intending to drop 5,000 Monkey NFTs on its site on January 7 at 12 am AEST. The launch countdown timer on the site didn’t even end up prior to a message popped up stating “drop ended”, leaving lots of users dissatisfied and upset.

MonkeyBall NFT drop closed prior to the countdown ended up. Source: Twitter

Some users were constantly revitalizing the websites, even numerous times, and a couple of had the ability to develop a 2 SOL deal to mint an NFT. The SOL was sent out to MonkeyBall however no NFT was returned appearing in the wallet, leaving financiers out of pocket.

very same! I just lost 2 sol however still it’s truly disturbing. I believed it stating mint stated over prior to it started needed to have actually been a mistake … so upset today pic.twitter.com/NzWC6VFqJc

— NEOP ◎ L1S (@ImmortalCryptos) January 6, 2022

Advertisement

The subdomain utilized for the drop (monkeydrop2022 monkeyball.com) did appear in the DNS a couple of minutes prior to the main countdown ended, which hackers might have utilized to make use of the drop and perform mint deals to chew up the supply.

Failed Token Launch, Failed NFT Drop and Broken Promises

The MonkeyBall group likewise silenced the Discord and Telegram neighborhoods throughout the drop, leaving users in the dark regarding what was really going on.

Some YouTubers did some investigative work to search for out what took place. They exposed numerous defects in the drop, consisting of coding mistakes, bot avoidance defects and whitelist reasoning uncertainties.

Token Launch IDO Mayhem

This stopped working NFT drop follows the task had actually formerly guaranteed the $MBS token launch on Starlaunch IDO, which after financiers had actually put their cash in was unexpectedly postponed without notification, leaving unanswered concerns about the job’s stability.

Advertisement

Starlaunch utilized Fractal to process the KYC for the MonkeyBall IDO, which experienced some issues, permitting financiers to put cash into the launchpad– despite the fact that they were not qualified to take part from their area– leaving a great deal of financiers mad and expense.

Was Solana to Blame for the Failed Drop?

The MonkeyBall group has actually blamed Solana for the unsuccessful drop however financiers are not purchasing it, as it appears the Solana blockchain was working fine at the time of mint:

That stated, there have actually been some issues with the network recently after Solana suffered DDOS attacks on January 4, and it did have some downtime.

SOL users have actually revealed their outrage on Twitter and Reddit. One Redditor, upset for the continuous hold-up, declared that Solana Status was lying to its users, firmly insisting the network had actually been working “totally great” which the hold-up issues may be connected to slow web connections.

Advertisement

Is MonkeyBall a Rug Pull?

Crypto News Australia has actually reported on a great deal of frauds in 2021 consisting of many carpet pulls from NFT tasks, to discuss however a couple of current Solana-related examples:

  • SolGame NFT Rug Pull, Website and Social Media Shut Down
  • Rug Pull: ‘Monkey Jizz’ DeFi Token Founders’ Alleged Exit with $300,000 of BNB
  • Solana NFT Project Accused of Rug Pull After Lil Uzi Deletes Tweets

While it can not be shown that MonkeyBall is a carpet pull, we motivate financiers to be careful and keep in mind of the warnings that have actually appeared. We’ve connected to the MonkeyBall group to get some discuss this.

If you wish to discover more, take a look at these resources:

  • TWITTER: MonkeyBall Developer believed of Owning 2163 of the NFTs
  • VIDEO: Is MONKEYBALL a fraud? Inspecting Crypto Game for Fraud
  • REDDIT: My Opinion: Warning MonkeyBall is a Scam!
  • NFTs
  • Solana
  • Scams
  • Tokens

Disclaimer:
The material and views revealed in the posts are those of the initial authors own and are not always the views of Crypto News. We do actively inspect all our material for precision to assist secure our readers. This post material and links to external third-parties is consisted of for details and home entertainment functions. It is not monetary suggestions. Please do your own research study prior to taking part.

.

View Source

Did you like this post? Think about contributing to us.

  • bitcoin Bitcoin
  • ethereum Ethereum
  • metamask MetaMask
Scan to Donate Bitcoin to 1EfnoCUNCdtwqt88vhPajRaJZX7RJMTxRe

Donate Bitcoin to this address

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Tag/Note:- ccLink
Scan to Donate Ethereum to 0x4bf4ae6b779cbd69cdfe42a479cdc52d9977c0f4

Donate Ethereum to this address

Scan the QR code or copy the address below into your wallet to send some Ethereum

Tag/Note:- ccLink

Donate With MetaMask

Donate ETH Via PAY With Metamask

Tag/Note:- ccLink

Advertisement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *