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Momoguro, self-advertised as one of many best NFT games, is the most recent NFT undertaking put beneath investigation by its NFT group who claims it’s all a rip-off.
TL;DR
- The NFT undertaking Momoguro is beneath investigation by its group, accused of being a rip-off.
- The undertaking claimed to be a revolutionary web3 sport backed by Emmy-winning Baobab Studios and Disney, however proof exhibits inconsistencies and lack of updates.
- Staff members have been accused of taking advantage of the undertaking, and the NFT group is working to show scammers within the area.
What’s The Deal With Momoguro?
Momoguro first launched on social media as a revolutionary web3 sport. The RPG’s storyline facilities round Momos – fantasy species gamers can earn, accumulate, and commerce to evolve. In line with their official platform, Momoguro is backed by Emmy-winning Baobab Studios, and creators Nico Casavecchia and Martin Allais.
As well as, the undertaking additionally stated the sport would develop into a world IP with its personal TV present backed by Disney. Whereas Disney is a main investor in Baobab Studio, it’s not linked to Momoguro in any approach, Twitter person @lokithebird factors out.
In truth, that is simply one of many first issues the undertaking’s group accuses Momoguro of.
Was The Gameplay a Lie Too?
In line with Loki The Chook, the web3 sport has a number of limitations and an total decrease high quality than it was marketed. Every time the undertaking’s group requested particulars in regards to the sport, the founders supplied obscure solutions.
Discord screenshots from Loki The Chook revealed solutions equivalent to ‘it’s an NFT RPG sport’ or ‘It’s not a click-a-button sort of sport.’ These solutions are even stranger on condition that it was allegedly already in its beta model.
What’s extra, the crew printed the gameplay video a few days after the launch (which is uncommon for giant studio web3 video games). The debut drop launched for 0.22 ETH / piece. Accordingly, Baobab Studios supplied solely 5% of their income for future sport improvement.
Quick-forward to seven months after the launch and the Momoguro crew didn’t give any updates on their world IP roadmap. Furthermore, the crew didn’t supply any updates on its world cross-promotions, advertising methods, or social media campaigns. Their Twitter feed was scarce, they usually stored promising the group that every part would occur quickly.
All through this time, Momoguro insisted on Baobab Studios’ involvement within the undertaking. Nevertheless, the NFT group’s investigation revealed that the corporate solely confirmed up as soon as all through the undertaking. Even when it have been extra concerned, Baobab Studio has little expertise in growing worthwhile IPs, investigations revealed.
Who Are the Staff Members?
Momoguro’s Head of Advertising goes by the username @Inside_Tokens and the Advertising Supervisor is @Mitchell. Surprisingly, the group’s investigation revealed LinkedIn screenshots of Inside_Tokens bragging about getting $7.6M from the undertaking’s holders.
Within the meantime, the Head of Advertising has deleted that a part of his profile description:
To conclude, this investigation is yet one more piece of proof for the way deceiving the NFT area will be. Nevertheless, customers equivalent to Loki The Chook or the enduring crypto sleuth ZachXBT preserve preventing again, exposing scammers to forestall future harm.
All funding/monetary opinions expressed by NFTevening.com aren’t suggestions.
This text is instructional materials.
As at all times, make your individual analysis prior to creating any sort of funding.
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