Cryptocurrency

Tweet thread by HashBastardsNFT

2024-02-14 [vendor] Creator of "Robotos" NFT project, once collaborating on a TV series with TIME studios, accused of [chain] ethereum
Primary Source ↗
Blockchain(s) Ethereum

Incident Details

Pablo Stanley, an artist who created the “Robotos” generative NFT collection, posted two final messages from the Robotos Twitter account. First, “it was a good run! thank u, all!”, then an image of the Twitter log-out button with “forever and ever”.Rewind to November 2021, when it was announced that TIME Magazine’s film and production studio would be collaborating with Stanley to develop a children’s animated TV show based on the Robotos NFTs. The announcement helped to drive interest in the NFT collection, which reached a peak floor price of around 1.5 ETH ($5,000 at the time).Since then, no show has materialized, and the collection’s floor price has dwindled. NFTs from the collection have recently sold for around 0.015 ETH ($42). In the project Discord, Stanley claimed that TIME had lost interest in the project after the writer’s strike. He also wrote that he had lost faith in web3: “Glad you still believe. It’s hard for me to believe in it anymore.” He explained that he had viewed Robotos as a “personal side project”, and that he was “sorry if that’s not enough for most people, but that’s all I have the appetite for, and that’s all I can offer.”

Technical Details

Vendor / Product
Creator of "Robotos" NFT project, once collaborating on a TV series with TIME studios, accused of

Timeline

  1. 2024-02-14 Breach occurred
  2. 2024-02-14 Publicly disclosed