Friendsies NFT creators deny 'abandoning' project amid rug pull allegations
Nonfungible token (NFT) collection Friendsies has refuted claims it is “abandoning” its NFT project following a tsunami of “rug pull” accusations aimed at its founders.
On Feb. 21, the founders behind the NFT project told its Twitter followers that it was putting a “pause” on Friendsies and “all future digital goods” for the time being, citing market challenges.
Around 40 minutes later, the Twitter account was deleted, while the account of Friendswithyou, who developed the project, was made private — sparking rumors that the founders had “rugged” for about $5 million.
With the $5.3m @friendsies_ai hard rug earlier today it remains unclear how the funds could’ve possibly been spent. There have been no announcements since September, no community treasury, and no P2E game. The team blames “market volatility” as their rationale. pic.twitter.com/FM8ytum4Ur
The project's Twitter account has since been reinstated with the founders vehemently denying it is “abandoning” the project. The founders’ account is still private, however.
“It is clear that we have upset many of you with the nature of our announcement, and perhaps we did not handle that in the best way possible,” they said, adding:
The founders said the initial announcement was more about pausing social engagement “until further notice.”
“That was not intended to mean we are pausing building and seeking opportunities, those efforts remain on-going,” it added.
Friendsies is a collection of 10,000 Ethereum-based NFTs that launched in March 2022. It purported to give each holder a custom-built “digital companion” which could be used in the Metaverse, real-life experiences, art installations, and eventually a “Tomogatchi-like” play-to-earn game.
There are currently 3,323 owners of
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