Popular NFT postulation Friendsies tweeted Feb. 15 that it would intermission its development, citing “challenging” marketplace conditions arsenic the superior crushed for its hiatus.
“We had the champion intentions to make a genuine integer companion for the future,” the institution tweeted. “However, the market’s volatility and difficulties person made it progressively challenging to beforehand this task successful a mode that meets our standards.”
According to the Friendsies website, the inaugural aimed to mint 10,000 whimsical avatars. It teamed up with auction location Christie’s successful March 2022 to merchantability 9 early-access mint passes to the postulation connected the secondary marketplace OpenSea, which allowed avid collectors to mint the rarest Friendsies.
Following the collection’s tweet, immoderate users who inquired astir the announcement recovered themselves blocked connected Twitter. Shortly after, Friendsies deleted its relationship connected the societal media platform.


In effect to the @Zachxbt tweet @ArkhamInterl replied: “btw erstwhile these guys accidental “market volatility” they truly mean “we bagheld ETH down 70% and past sold the bottom” and linked to the pursuing transaction history:

Twitter users besides pointed fingers astatine Farokh, the big of Web3 programme Rug Radio, and generative creator Jen Stark, who some reportedly promoted the postulation connected Twitter during its aboriginal stages, influencers astatine 1 constituent associated with the NFT.
Notable NFT influencers, including Farokh, the big of Rug Radio, were accused of being aboriginal supporters of the task and reportedly earned millions of dollars from its archetypal sale.
The station Friendsies NFT postulation rug pulls, deactivates Twitter appeared archetypal connected CryptoSlate.