Binance Pours Cold Water on NFT Game That Pulled In $115 Million for Its Mint

The co-founder of the studio, Kelvin Chua, responded to Binance Labs on Twitter, expressing gratitude for the support from communities and investors, including Binance Labs, and apologizing for any inconveniences caused. Chua emphasized the successful NFT auction sale by SkyArk and acknowledged the importance of the support received.

To clarify the situation, the studio posted a screenshot of a Discord post, stating that SkyArk had conducted only one round of Web3 fundraising, amounting to $15 million, which began in Q3 2021. The team emphasized that Binance remains the largest investor and referred to the situation as a "misunderstanding" with Binance Labs.

This response aims to address any confusion and assure followers, investors, and the community that the support from Binance Labs played a crucial role in the success of SkyArk's NFT auction sale. The studio seeks to maintain positive relationships with its supporters and partners while clarifying the details of its fundraising rounds.

#Web3.0 #NFT #Blockchain #Crypto #Cryptocurrency #AI #Metaverse #OpenSea #AR