Social media is having a go at Ethereum NFT gaming project Pixelmon after the community voices out their disappointment over the shoddy in-game artwork.
Pixelmon quickly became the laughing stock of crypto Twitter after the NFT community was quick to point out that Pixelmon raised $70 million USD in funding earlier this month, marking one of the largest launch sales ever to be completed for an NFT project. Buyers paid up to 3 ETH per mint, roughly $9,200 USD, with the project completely selling out in less than a day. The project promised fans, “the largest and highest quality game the NFT space has ever seen.” It planned to build out a Pixelmon metaverse with play-to-earn features as well as additional perks for holders of the “Generation 1” Pixelmon.
The current backlash Pixel faces on social media saw the founder, Syber, go into immediate damage control. In a recent Ask Me Anything forum, Syber said, “I would like to apologize on behalf of myself and Pixelmon for everyone that has been affected by this. When we began this project, we were not thinking it would get as big as this.” In another Discord announcement he wrote,
“The plan was always to use the funding raised from mint to create proper and better models –- our NFTs are updatable and what they look like now is poor quality – we own up to that – they will be made better. We felt pressured to push reveal and the reality is we weren’t ready to push the artwork.”
Syber also updated fans that the team is working towards assessing the situation and are in talks with other advisors and project managers. Currently, Pixelmon NFTs are trading at a floor price of 0.4 ETH, approximately $1,100 USD on OpenSea.
Take a look at some of the reactions below.
$70 MILLION LOOOOOOOOL pic.twitter.com/GAcfAuMlsS
— Cobie (@cobie) February 26, 2022
Pixelmon had an art reveal so terrible, ‘Kevin’ is being labeled a historical NFT pic.twitter.com/A2ummGDypV
— ThreadGuy.eth ? (@DiscoverXnft) February 28, 2022
So @Pixelmon raised over $70m at 3 ETH per mint just for them to reveal like this. I think it’s fair to say all the buyers were rugged.
Stop supporting cash grab NFT projects. pic.twitter.com/8VShQxNlgl
— zachxbt (@zachxbt) February 26, 2022
How did this even happen?!
|#Pixelmon #nft #nfts #NFTCommunity #nftcollectors pic.twitter.com/yHe71vw8zB— CallixNFTs (@UnforgottenSign) February 28, 2022
so let me get this straight:
pixelmon pulled off one of the most insane heists ever, is currently selling for 0.4, and you mfs are buying “Kevin” which was named by the community for over 3+ ETH as a fuckin meme
AND THEN someone makes a Kevin mfer
what the fuck is happening pic.twitter.com/bS7IVFDNOe
— ashrobin.eth (@ashrobinqt) March 1, 2022
In case you missed it, TikTok increasd its maximum video length to 10 minutes.
wazup.