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Dubai News Club > Tech > CNN accused of rug pull as it abandons its NFT project
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CNN accused of rug pull as it abandons its NFT project

Press Room
Last updated: 2022/10/11
Press Room
Published: October 11, 2022
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On Monday afternoon, as pointed out by Parker Molloy, CNN ended its big Web3 project by announcing, “we have decided that it’s time to say goodbye to the Vault by CNN.”

You may have already forgotten about it, but Vault by CNN launched in the summer of 2021 as a marketplace for its own NFTs (non-fungible tokens) that would “offer collectors the opportunity to own a piece of history.” Sort of like NBA Top Shot except for media nerds instead of basketball nerds, it minted CNN reports…

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