Posted 1/30/2024, 12:15:53 AM
SkyArk Apologizes for Misrepresenting Binance Investment, Offers NFT Refunds After $115M Mint Backlash
- SkyArk Chronicles held a major NFT mint raising $115M, but Binance says its investment involvement was misrepresented
- Binance Labs invested in SkyArk in 2021, but says it did not lead the recent $15M funding round as claimed
- Binance asked SkyArk to clarify facts after noticing misleading information, but tweet was just deleted without public correction
- SkyArk apologized for "miscommunication," while still claiming Binance as its largest investor
- After backlash, SkyArk began offering refunds to unsuccessful NFT minters from the recent mint