Cryptocurrency
"Inside the Realms of Ruin"
Primary Source ↗Blockchain(s)
Solana
Incident Details
Six popular young-adult fiction writers attempted to launch an NFT project where they created a base universe, and participants would contribute their own stories (which they would mint as NFTs) that would be added to the official storyline if the authors liked them enough. Questions around who would own copyright, how teenagers (the target audience) would obtain cryptocurrency and mint NFTs, and environmental impact led the creators to shutter the project only five hours after the launch announcement went out.
Technical Details
- Vendor / Product
- Realms of Ruin fails to launch
Timeline
- 2021-10-21 Breach occurred
- 2021-10-21 Publicly disclosed