The zkSNARKs NFT project in the ZEC ecosystem said its auction has concluded, with 16,971 bids submitted and 8,000 NFTs allocated. The final clearing price was set at 1.5 ZEC. According to the project, the sale used a uniform-price sealed-bid format: bids were ranked from highest to lowest, the top 8,000 bids won allocations, and unsuccessful bidders will receive full refunds. The team also said secondary market trading will open tomorrow and refunds will be processed within 24 hours. On the same day, @LeonidasNFT, described in the source as a well-known builder from the Bitcoin inscriptions era, publicly accused the zkSNARKs team of being serial entrepreneurs from the Ordinals sector and said many of their past projects were scams.
zkSNARKs, an NFT project in the ZEC ecosystem, said on Sept. 18 that it had completed its auction.
The sale drew 16,971 bids in total, with 8,000 NFTs allocated. The final clearing floor price was 1.5 ZEC.
According to the project, the auction used a uniform-price sealed-bid model. Bids were ranked from highest to lowest, the top 8,000 bids received allocations, and bidders who did not win will be refunded in full.
The team said secondary market trading will open tomorrow, while refunds will be completed within 24 hours.
Also on Sept. 18, @LeonidasNFT, identified in the source as a prominent builder from the Bitcoin inscriptions era, publicly accused the zkSNARKs team of having previously operated as serial entrepreneurs in the Ordinals space and said many of their projects were scams.
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