In a damning and detailed thread, @itstylersays was accused of turning its FUD token NFT project on its head. Popular “on-chain analyst” @NFTherder’s Twitter thread details these allegations. It also involves @digitalartchick in the proceedings.
By doing this, @NFTherder hopes to remind everyone and raise awareness of the “Rug Pull” project. Many people in the NFT community are already aware of this project and its allegations as it is not a new revelation. It happened some time ago. However, newcomers to the community will not do this.
FUD token rug pull highlights the dangers of NFT influencers
In NFHerder’s first tweet about FUD Token, they said: “Time for the FUD @itstylersaysFUD Token Rug Pull project and see how he likes it. It was a scheme he and Artchick created: any code, same art, same shilling, and ultimately the same rug, and Artchick walked away with 55 $eth.”
The following tweets showed data and images that appear to match the allegations. It also shows some notable similarities between FUD Token and Attention Token.
The code and images used in each NFT project are remarkably similar. In fact, it shows that the projects differed very little apart from their respective names.
DYOR when entering NFT projects
Both Fud Token and Attention Token are a long time ago and no more live projects. However, NFT creators are still very involved in the community.
Most NFT projects are legitimate, but a small number are just an attempt to steal your hard-earned cash, so be careful. When considering which NFT project to invest in, always take the time to do your research and keep an eye out for red flags.