, alleging that the project by Eden Gallery and artist Gal Yosef was a rug-pulling scam.
NFT holders said, "The project side is not planning to create a metaverse-based non-official club or other agreements.
They claim that they have not fulfilled the bundled rewards and that they have no knowledge of blockchain.
Club sold 12,000 unique humanoid eagles from February 2022 to November 2023, raising $13 million (approximately 1.9 billion yen).
However, they said, "Contrary to what the project team claimed, they have not actually taken any substantial steps to build the Meta Eagle Club," and "Furthermore,
The people building the project have no experience or expertise in blockchain or smart contract development or engineering, and are in fact in the software development and engineering business.
"I had no relevant experience," he claimed. NFT holders were promised that they would be able to enter the MetaEagle Club and receive various benefits.
The company advertised that NFT holders would be entered into prize draws for Eden Gallery events, hot air balloon flights, private jets, HYERI copters, exclusive collectibles and more.
However, according to the NFT holders group, the project only offered a few of the advertised tickets, and only sold two Galyverse events and one Galive event.
- They offered only 11 authentic works signed by Joseph. Eden Gallery and Joseph are accused of fraud, unjust enrichment, and violations of the New York General Commercial Code under the general law.
The 36 FT holders are seeking damages to be determined by the court, an injunction and attorneys' fees.
2024/10/11 18:01 KST
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