Pixelmon have created some drama and some seriously ugly NFTs. Is it a story of the greatest NFT scam ever? Or is it a tale of total ineptitude that can be fixed?
Again and again, criminals lure people on the Internet with dubious crypto or NFT investments. Pixelmon could be one of the biggest NFT scams in crypto history.
The Pixelmon team promised to develop an NFT metaverse game where gamers can keep developing their ‘Pixelmon NFTs.’ According to the project’s paper, the Pixelmon Metaverse is set to become “the largest, highest quality game NFT space has ever seen.”
The project allegedly collected $70m in Ethereum on OpenSea before the NFTs were even published or minted. Investors then eagerly awaited the NFTs they were going to receive for their investments.
Pixelmon: NFT collection shocks investors
Alas. It seems that the developers gave investors false hopes. Twitter user ColdBloodShill shared a few images of the “high quality” design of the Pixelmon NFTs, which the developers used to pitch the project to investors. The game is said to be launching in Q3 or Q4 of 2022.
On February 28th the Pixelmon NFT collection was released on OpenSea. There are 6666 NFTs in total. Many investors are dissatisfied with the quality of the NFTs as it deviates significantly from their expectations. Many even called the NFTs ugly on Twitter.
At the time of publication of the article, the prices of the NFTs on OpenSea are…
