FUD Society NFT Project is going into hiatus after failing to make enough sales. Definitely not the Christmas treat that holders expected.
As of press time, the floor price has skidded to 0.008 ETH or $30, according to OpenSea.
FUD Society Team Explains Hiatus Status
The team released a Discord post because they want to be transparent to themselves. Before explaining the situation, they confidently asserted that they would still be around. So the hiatus is just their way to step back and assert the situation.
The statement elaborated the ordeal of the team members, which included receiving death threats. Hence, the situation has become too heavy for them to handle and it is getting out of hand.
The statement highlighted the two things that the holders want to know. First, who is responsible? The team explained that they have been “screwed by their Marketing team and all the bots that entered the server.” Moreover, “buying land will be impossible because of the lack of sales volume.
The second item is: where is the money from the sales? The short answer is that they still have some funds on the budget to relaunch the project. However, they made it clear that they haven’t made much money from the minting.
They ended the statement with a promise. “Once we are back, things will have changed and nothing like this will ever happen. Starting today, everyone who will keep their FUD will be highly rewarded and will be very happy once the relaunch happens.”
Recap: What’s the FUD Society NFT Project?
The Fud Society is an NFT collection featuring 9,999 avatar-style NFTs. In essence, the word ‘fud’ means evoking fear, doubt, or uncertainty to put a competitor at a disadvantage. Ironically, that’s exactly what these guys are!
The fudders are a reflection of the worst behaviors in today’s digital ‘investors.’ We see hints towards rug pull schemes, cryptocurrency, and other unique traits. The result is a funny yet satirical collection ready to create a powerful community.