The "NFTflow" that just took away 92 ETH and ran away was "human flesh" by the community?

At 9:00 tonight, Beijing time, a number of NFT players posted on social media that a project called "NFTflow" had a Rug Pull, ran away before completing the pre-sale, and transferred 92 ETH from the sale to the Tornado coin mixer .

According to the official website, NFTflow claims to be "a platform for creating a liquid market for illiquid NFT on StarkNet."

Recently, the project began to issue membership pass NFTs, a total of 1111, and users can trade Mint at a price of 0.1 ETH on the official website. Users who purchase NFT of the NFTflow membership pass can become early supporters, obtain test qualifications, and receive NFT airdrops when the main network is launched; in addition, users holding NFTs can receive higher APR rewards and token airdrops from other partners wait.

In order to attract more users to participate in NFT mint, NFTflow also contacted many KOLs in the NFT field to promote it, and provided some KOLs with a "thank you fee" of 0.4 ETH. According to Opensea data, a total of 595 people participated in this Mint event, and a total of 920 Mint NFT blind boxes were distributed.

However, Mint is not over yet. NFTflow officially canceled social accounts such as official Twitter and Medium this evening, and transferred the 92 ETH obtained from Mint to the coin mixer, suspected of running away.

After the incident, community members have tracked down the addresses involved in the case, which are:

• 0x5cad06E17452179ABe3ee7F99CE649d16d059616 (NFTflow NFT contract creator address);

• 0xfF50495E0c4ded2899B1A871927810d9774B23BF (shipping address);

• 0xc0c76ea5c4bb71f32cd08462bb48d43c0ecf85e2 (private address of the first mint).

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(Suspected project member account, the tweet has been deleted so far)

In fact, before the project ran off, there were signs, and many community members issued early warnings as early as this morning.

Twitter user @1kx.eth found that "the function introduction diagram of this project is all using NFTX (another similar project), which makes me a little doubtful about the authenticity of this project." Moreover, NFTflow has not yet completed Mint, and there have been transactions on Opensea. "Most of them were bought by users called NFTflowStarknet, which is a bit of a liar." In addition, the project has not established official communities such as Telegram group and Discord, and the project claims to have received investment from Decrypt Capital and Dragonfly Capital has not been confirmed.

User @JT Phoenix checked and found that the information of the team members was false, which may be a fraudulent project.

“Going to check, (the project) the so-called founder, NFTX founder Alex Gausman has denied any connection with the project:https://twitter.com/fukuyama_sato/status/1503044347503296517. Another team leader, who claims to be a former Coinbase employee, does exist, and the site uses his profile picture on LinkedIn, but otherwise there is no evidence that he is connected to the project. Combining the two points, especially the first point, there is a high probability that it is a fraudulent project. Be careful! "

However, some users did not pay attention to the above problems under the domination of FOMO emotions, and finally, Rug Pull occurred.

Odaily reminds the majority of users to take a calm look at the NFT boom, Do your own research, and avoid over-reliance on so-called KOLs and enter the game without thinking.