“A few minutes prior to our launch, we were attacked and scammers hijacked our server and sent a fake website ending in. The change in plans apparently came as a result of a hack, according to NFT buyers and the Discord channel moderators. What happened to the royalty-holders’ decision-making rights? Jacob, who thinks he might be one of the largest minters involved, has no idea. Two days later, with 4,797 NFTs out in the world, the ability to mint vanished. When Jacob became a minter, the Trollz team was still telling people that there would eventually be 9,669 NFTs. That number was changed to 6,969 on launch day, October 28th - just about a week into the project’s existence online. The project never even sold out, and that’s because the organizers suddenly decided to stop minting. He also says that a Discord channel for verified Trollz holders has not opened up as promised. 1 - the last time the game was mentioned on the Trollz Discord server - they backtracked to say it was still “being revised.”) He has not seen a single raffle nor evidence of philanthropy. 29, one organizer announced that the game would be finalized in “the next few days.” On Nov. He has yet to receive royalties or access to any sort of game. Jacob minted 82 Trollz NFTs - and later bought more from the secondary market. According to the website, “anything promised on Trollz web/Discord will be delivered.” Not only did they promise to donate a total of $100,000 to five different charities upon selling out, royalty-holders were supposed to be given governance power, allowing them to “vote on all decision making and what to do with the funds,” according to the Discord, which also highlights “weekly competitions and raffles” - separate from the boxing game - as a “key benefit” to being a part of the community. Plus, the organizers insisted - on both the website and the Trollz Discord server - that giving back to charity was an integral part of the project’s model.
A blurb on the trollznft.io website describes it as a weekly, 2D boxing game with a prize pool in the “TROLLzverse.” He was also excited by talk of a game that the NFT developers said they were working on. The Beatles in India: 16 Things You Didn't Know Upon minting an avatar, the NFT holder was supposed to get royalty rights: Every time Trollz tokens trade hands, five percent of those transactions should go to the original owners. In late October, social media posts about the 6ix9ine-backed Trollz collection piqued his interest. Jacob is a crypto enthusiast and investor who’s been studying blockchain tech since 2017. “It turned out to be a huge scam,” he tells Rolling Stone.
When the 26-year-old Londoner heard that infamous rapper Tekashi 6ix9ine had gotten into the NFT game, he says he went all in on these creepy cartoons, spending around $40,000. Just ask Jacob, who requested Rolling Stone withhold his last name for privacy reasons. It sounds ridiculous - but, for some, images like this one were the start of a real-life nightmare. His eyes lack proper pupils instead, rainbow dollar signs glow in their place as his fingers wrap around the handle of a bloody chainsaw. Saliva is dripping out of the corners of a serpentine-tongued man’s mouth, which hangs open in a toothy smile.