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  4. Trouble in paradise as internal conflict affects MetaKongz NFT prices
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Trouble in paradise as internal conflict affects MetaKongz NFT prices

The price of MetaKongz, a South Korean NFT project, has tanked by over 17% on the OpenSea NFT marketplace amid several in-house problems such as alleged mismanagement of project...
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Trouble in paradise as internal conflict affects MetaKongz NFT prices Trouble in paradise as internal conflict affects MetaKongz NFT prices

The price of MetaKongz, a South Korean NFT project, has tanked by over 17% on the OpenSea NFT marketplace amid several in-house problems such as alleged mismanagement of project funds and hacking.

According to data on the NFT trading platform, the average price of MetaKongs over the past seven days is around 0.92 ETH, compared to a 60-day 1.18 ETH. In June, the digital collectibles were selling at around 3.27 ETH.

MetaKongz has had its fair share of controversies. Back in April, the project’s official Discord channel suffered a security breach that affected 79 investors and led to the loss of 11.9 ETH. More recently, dissatisfied holders were forced to oust two chief executives from the project after a series of hack incidents. The project’s chief technology officer (CTO) and locally-known hacker Lee Doo-hee was then asked to take over as the sole supervisor of the project.

However, Lee has also been accused of misappropriating company funds. In a series of tweets, Chief Operating Officer (COO) Hwang Hyun-ki alleged that Lee purchased luxury automobiles with corporate funds. Hwang also revealed that Lee pressured the management to spend 200 million won on unnecessary sponsorships for car races.

While Hwang announced that he was stepping down, Lee disclosed that he would be acquiring the project.

The profile picture (PFP) NFT collection became quite popular among South Korean NFT enthusiasts. MetaKongz has also collaborated with notable domestic companies like Hyundai Motor and Shinsegae Group.

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19-08-2022 14:51:48 (UTC+7)

EUR/USD

1.0093

+0.0005 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/USD

1.0093

+0.0005 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

GBP/USD

1.1916

-0.0014 (-0.12%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

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USD/JPY

136.57

+0.69 (+0.50%)

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↑ Buy

Moving Avg:

Buy (11)

Sell (1)

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AUD/USD

0.6910

-0.0008 (-0.12%)

Summary

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Moving Avg:

Buy (6)

Sell (6)

Indicators:

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USD/CAD

1.2968

+0.0022 (+0.17%)

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Moving Avg:

Buy (5)

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137.84

+0.76 (+0.55%)

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EUR/CHF

0.9665

+0.0013 (+0.13%)

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1,767.35

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19.185

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Copper Futures

3.6285

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89.81

-0.69 (-0.76%)

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95.90

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214.80

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3,761.05

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4,283.74

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13,629.18

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19,763.50

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8,388.55

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6.410

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↑ Sell

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 EUR/USD1.0093↑ Buy
 GBP/USD1.1916Sell
 USD/JPY136.57↑ Buy
 AUD/USD0.6910Sell
 USD/CAD1.2968↑ Sell
 EUR/JPY137.84↑ Buy
 EUR/CHF0.9665Sell
 Gold1,767.35↑ Buy
 Silver19.185Neutral
 Copper3.6285↑ Buy
 Crude Oil WTI89.81↑ Buy
 Brent Oil95.90↑ Buy
 Natural Gas9.096↑ Buy
 US Coffee C214.80↑ Sell
 Euro Stoxx 503,761.05↑ Sell
 S&P 5004,283.74Sell
 DAX13,629.18↑ Sell
 FTSE 1007,539.60↑ Buy
 Hang Seng19,763.50↑ Buy
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 IBEX 358,388.55↑ Sell
 BASF43.300↑ Sell
 Bayer53.51↑ Sell
 Allianz177.26↑ Buy
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# So hôm qua # Chênh TG
SJC Eximbank6,590/ 6,690
(-10/ -10) # 1,716
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Cập nhật 19-08-2022 14:51:50
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ↀ Giá vàng thế giới
$1,753.77-4.8-0.27%
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Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
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WTI$89.86+0.040.05%
Brent$95.93-0.32-0.33%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.235,0023.545,00
EUR22.981,7524.268,73
GBP27.175,3928.334,31
JPY167,13176,93
KRW15,2618,59
Cập nhật lúc 14:49:07 19/08/2022
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