- We are talking about the scandalous collection of Azuki Elements
- Previously, the project team was accused of plagiarism and market manipulation
- But AzukiDAO also has questions
Chiru Labs faced a wave of criticism last week after releasing the Azuki Elementals collection. Technical issues, suspected plagiarism, and alleged rug pull are just some of the community’s complaints. As a result, members of the AzukiDAO group, which includes holders of the original tokens, proposed to file a lawsuit against the founder of the project, known as “Zagabond”.
Why did the collection provoke fierce criticism?
The Azuki Elements project was presented on June 27th. At the same time, the studio distributed 20 thousand tokens among the community in advance, which, of course, affected the value and cost of the collection on the secondary market.
Moreover, the project never became public. The entire collection sold out in just 15 minutes at private sales. At the same time, the value of tokens from the original collection of Azuki fell by more than 28%.
But the nuance here is that Elements is actually a plagiarism on the old collection. As a result, the studio was accused of trying to manipulate the market. This criticism only escalated after the project team transferred 20,000 ETH to a wallet allegedly linked to Zagabond.
On Saturday, July 2, Snapshot appeared here is the offer. Its author is a member of AzukiDAO, a group of original brand token holders. It says that the organization has prepared a lawsuit against Zagabond for the return of 20 thousand ETH ($38.9 million).
At the time of writing, 29 million BEANs (88.35%) were registered “For” and 3.8 million BEANs (11.65%) “Against”. But at the same time, despite the seemingly general support, some members of the community became suspicious.
So, for example, a user with the nickname “Tytaninc” posted on Twitter accusatory material, in which he claims that the group has malicious plans. Allegedly, most Azuki NFT holders have never heard of this DAO.
Moreover, the contract to which BEAN had to be sent for voting was registered shortly before the proposal was published. And the AzukiDAO page only appeared in June. This suggests that the proposal does not come from enthusiasts, but about scammers or manipulators who seek to make money.
Neither Zagabond nor Chiru Labs have yet commented on the situation.