The floor price of zkSNARKs, an NFT project in the ZEC ecosystem, has dropped to 0.5 ZEC, or about $749, according to data from the project website cited by BlockBeats on Sept. 22. That puts the collection below its previously reported final liquidation and settlement floor of 1.5 ZEC from the auction process. BlockBeats also referenced an earlier accusation from @LeonidasNFT, a well-known builder from the Bitcoin inscriptions era, who publicly alleged that the zkSNARKs team had previously operated as serial founders in the Ordinals sector and that many of their projects were scams. The report did not provide additional details beyond those claims and the latest floor-price reading.
According to project website data cited by BlockBeats on Sept. 22, zkSNARKs, an NFT project in the ZEC ecosystem, has fallen below issue levels, with its floor price now at 0.5 ZEC, or about $749.
BlockBeats said the project's final liquidation and settlement floor in its auction was previously reported at 1.5 ZEC. The current floor price is below that level.
The outlet also referred to an earlier public accusation by @LeonidasNFT, a well-known builder from the Bitcoin inscriptions era, who alleged that the zkSNARKs team had previously been serial "entrepreneurs" in the Ordinals sector and that many of their projects were scams.
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