The UK Royal Mint is set to produce an NFT “by summer” in what officials say will be an emblem of the UK’s approach to crypto.
The Billionaire Dogs Club project launched in mid-December 2021 at a public mint price of 0.2 ETH, low demand for the NFTs saw the project restrict supply from 6,500 tokens to 2,000 in a bid to garner interest for the project.
According to “zachxbt”, the Discord channel and the team behind the project disappeared a week later, leaving NFT owners holding the bag. On-chain analysis by the analyst revealed that of the estimated $960,000 generated by the project, $400,000 was allegedly sent to Correia’s public crypto wallet.Laurent himself received over $400k to his public wallet.
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