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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...
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:

Buy (1)

Sell (7)

USD/JPY

136.57

+0.69 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6910

-0.0008 (-0.12%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (6)

USD/CAD

1.2968

+0.0022 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (9)

EUR/JPY

137.84

+0.76 (+0.55%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

0.9665

+0.0013 (+0.13%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (6)

Gold Futures

1,767.35

-3.85 (-0.22%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (0)

Silver Futures

19.185

-0.279 (-1.43%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

Copper Futures

3.6285

-0.0030 (-0.08%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

89.81

-0.69 (-0.76%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (7)

Sell (0)

Brent Oil Futures

95.90

-0.69 (-0.71%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

9.096

-0.092 (-1.00%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (3)

US Coffee C Futures

214.80

-2.65 (-1.22%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

3,761.05

-16.33 (-0.43%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

S&P 500

4,283.74

+9.70 (+0.23%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (8)

DAX

13,629.18

-68.23 (-0.50%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (6)

FTSE 100

7,539.60

-2.25 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (0)

Hang Seng

19,763.50

-0.41 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,000.73

+13.41 (+0.68%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (2)

IBEX 35

8,388.55

-41.75 (-0.50%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (8)

BASF SE NA O.N.

43.300

-0.140 (-0.32%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Bayer AG NA

53.51

-0.55 (-1.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Allianz SE VNA O.N.

177.26

-1.26 (-0.71%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

Adidas AG

166.28

-1.24 (-0.74%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Deutsche Lufthansa AG

6.410

-0.156 (-2.38%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Siemens AG Class N

109.69

-0.57 (-0.52%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Deutsche Bank AG

8.676

-0.192 (-2.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

 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
 Small Cap 20002,000.73↑ Buy
 IBEX 358,388.55↑ Sell
 BASF43.300↑ Sell
 Bayer53.51↑ Sell
 Allianz177.26↑ Buy
 Adidas166.28↑ Sell
 Lufthansa6.410↑ Sell
 Siemens AG109.69↑ Sell
 Deutsche Bank AG8.676↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,590/ 6,690
(-10/ -10) # 1,716
SJC HCM6,620/ 6,720
(0/ 0) # 1,744
SJC Hanoi6,620/ 6,722
(0/ 0) # 1,746
SJC Danang6,620/ 6,722
(0/ 0) # 1,746
SJC Nhatrang6,620/ 6,722
(0/ 0) # 1,746
SJC Cantho6,620/ 6,722
(0/ 0) # 1,746
Cập nhật 19-08-2022 14:51:50
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,753.77-4.8-0.27%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
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
ↂ Giá dầu thô thế giới
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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