A blog post by the collection’s creator has set the project into disarray
Azuki is undergoing some serious tribulations as one of the projects’ founders revealed his shady rug pull history in the NFT space. Azuki is one of the hottest NFT collections to drop in the past several months. The project saw a stellar rise in popularity which brought forward skyrocketing floor prices as well. Recently, the team behind Azuki also launched a subsequent collection called Beanz. While this all sounds nice and cheerful, some dark clouds have formed around the project. Funnily enough, the turbulent period was brought forward by none other than one of the founders of the project, Zagabond.
The Zagabond blog post that started it all
Zagabond is one of the core founding members of the Azuki project. On May 9th, he released a detailed blog post outlining his experience in the NFT and web3 spaces to date. Importantly, the text was very revealing about his past involvement…