CNN shuts NFT, Web3 project: Accused of rug pull
Cable news network CNN has bid adieu to its Web3 and NFT experiment, Vault. Announcing the same, the official statement on Twitter read, “We have decided that it’s time to say goodbye to Vault by CNN . “ Vault by CNN was created last year and typically offered buyers NFTs that commemorated major news events. Post the announcement, people from the space did not hesitate from adding tags like bizarre to its market. Elaborating on the journey, the statement noted, “Vault was originally launched as a six-week experiment, but the support and engagement from our community let us expand this project into something much larger.” News of our own to share pic.twitter.com/qcxaDXNRYO — Vault by CNN (@vaultbycnn) October 10, 2022 Rug-pull accusations against CNN pour in At the time of the launch, the news cable network had chalked out its intention to expand and had given word to users about future airdrops . It had stated at that...