Binance Pours Cold Water on NFT Game That Pulled In $115 Million for Its Mint
SkyArk Chronicles, an anime-style fantasy game, just held a huge NFT mint with eager collectors pledging $115 million worth of Ethereum for a chance to claim one of its character assets. But now Binance Labs says that its investment in the studio behind the game was misrepresented in the run-up to the mint. Earlier this month, SkyArk Studio announced that Binance Labs—the crypto exchange’s venture capital arm—had led its $15 million funding round, which preceded the sizable NFT mint.
@Crypto_Nfts_Metaverse
