SkyArk Chronicles is a Blockchain gaming platform with a Japanese anime concept. It recently claimed to have raised $15 million in a funding round led by Binance Labs, the venture arm of cryptocurrency exchange Binance. However, today Binance accused the Blockchain gaming platform of misleading its users and investors.
Binance did not accept SkyArk Chronicles’ funding claim!
SkyArk Chronicles made the claim in question on January 27, 2024. The gaming platform later deleted the post it made on social media. The post said: “We are excited to announce that we have completed a $15 million funding round led by Binance Labs. This will help us accelerate our development and bring more exciting games to our community. Thank you for your support!”
However, Binance Labs denied this claim in a post today. In this context, he announced that he did not participate in the last financing round. He also said that he participated in incubation and investment only in 2021. Binance Labs also stated that SkyArk Chronicles is a project incubated and invested in by Binance Labs in 2021 through Incubation Season 3, a program that supports early-stage Blockchain startups.
Project users reacted to fake news
Some users and investors of SkyArk Chronicles reacted to the fact that the project’s funding claim was fake. In this regard, they stated that the project team deceived them and that they were betrayed. This false funding claim sparked outrage. Some users expressed their anger and frustration on SkyArk Chronicles’ Discord channel. They even asked for a refund of the products they purchased.
One user said, “This is a scam. How can you lie about something so big? I want my money back. You have lost all credibility and trust.” said. Another user said: “I am so disappointed and sad. I believed in this project and supported it from the beginning. But now I feel like I was deceived and tricked. What is the actual status of the project? How can we trust you again?” He reacted as follows.
The project team did not make a statement and did not apologize!
SkyArk Chronicles is a game series revolving around the origin story of Satoshi Nakamoto, the creator of the SkyArkVerse, a world safe for all intelligent life. The games feature social features, NFTs, and a new world of SkyHeroes and SkyLegends fighting to protect the SkyArkVerse from monsters and invaders. cryptokoin.comAs you follow from , on January 26, 2024, SkyArk Chronicles launched a Genesis NFT sale. He raised more than 50,000 ETH from this. This corresponds to approximately 115 million dollars at the time of writing. Genesis NFTs are rare and limited edition collectibles representing the first generation of SkyHeroes and SkyLegends. They also provide access to exclusive perks and rewards within SkyArkVerse.
SkyArk Chronicles has yet to issue any official statement or apology regarding the fraudulent funding claim. This incident is likely to affect the reputation and future of the project. It is also possible that it will affect the value and demand of its NFTs and tokens.
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