THELOGICALINDIAN - The rapper allegedly backed the Eternal Beings NFT project
Eternal Beings, an NFT activity affiliated with rap brilliant Lil Uzi Vert, has been accused of “pulling the rug” on buyers. Uzi deleted all tweets advertence the activity afterwards the NFTs awash out.
Eternal Beings Accused of Rug Pull
Yet addition celebrity-backed crypto activity has run into trouble.
Eternal Beings, a accumulating of 11,111 abundant conflicting avatars with a appearance faculty agnate to hit rapper Lil Uzi Vert, launched on Solana Tuesday. However, afterwards the NFTs awash out, Lil Uzi, who had ahead answer the activity to his 8.5 actor Twitter followers, deleted his posts, break himself from the project.
Following Lil Uzi’s exit, the attic amount for Eternal Beings alone acutely and is currently able-bodied beneath the 2.5 SOL excellent price.
Despite moderators in the project’s Discord assuring associates that Lil Uzi is still “100% allotment of the project,” others accept appropriate that his tweets were annihilation added than a quick paid promotion.
Since Lil Uzi has distanced himself from Eternal Beings, holders are additionally apprehensive if the activity will still bear on its roadmap affiance of an absolute alive achievement with backstage access.
In accession to causing agitation in the 43,000 affiliate Eternal Beings Discord server, assemblage accept questioned whether his tweets could accuse him in U.S. balance laws. In one deleted tweet, he commented that the attic amount of Eternal Beings would “easily” ability 6 SOL.
Depending on how complex Lil Uzi is with the project, such a animadversion could be interpreted as a amount guarantee, authoritative the NFTs balance in the eyes of the SEC.
As NFTs accept entered into the mainstream, abounding celebrities accept started application them as a new way of agreeable with their fans. Earlier this month, rap superstar Doja Cat launched her aboriginal accumulating of NFTs through OneOf, a committed belvedere for musicians to appoint with admirers on Tezos.
Disclaimer: At the time of autograph this feature, the columnist endemic BTC, ETH, and several added cryptocurrencies.
