Several months after the launch of Animoon, an NFT project that promised the moon to investors, the project has delivered nothing and is now in a state of oblivion.
Some time ago, the project was booming. One NFT trader, in particular, changed the color of his Pokémon NFTs, listed them on OpenSea as an Animoon NFT, and made $6.3 million from the sales.
The Animoon project initially launched as a play-to-earn game but has delivered nothing. Interestingly, the project was shilled by Jake Paul, a well-known social media influencer. At the moment, both Jake and other promoters of Animoon would be far from proud, looking at the project’s performance.
Animoon claimed they had fifteen legendary NFT cards, and fans who collected these cards would gain access to a $2500 monthly reward for a lifetime. That sounded too good to be true, but that’s not all!
They also claimed that holders of 100 of the Animoon cards will be gifted original Jordan shoes. The owners of these cards will be able to choose any Jordan shoe pair of their choice every two months. Still, that was not all. One hundred Animoon cards also came with a different perk, this time, off-white T-shirts.
To date, these and many more promises are yet to be fulfilled. Instead, the project’s Twitter profile has been shut down and its website no longer functions. Their Discord channel gradually became inactive as admins replied to questions from community members less often and at random. Currently, the general chat feature has been removed from their Discord channel.
The project also claimed to be affiliated with Pokémon, but further research proved otherwise. In reality, the developers had no gaming background and they decided to remain anonymous while the project was still running.
Data from breadcrumbs reveal that the $6.3 million made from this project had been transferred to two centralized exchanges, Kucoin and Binance. The project had too many red flags from the onset and never looked really solid. Investors will have themselves to blame for losses made from investing in the feeble NFT P2E game.