Momoguro NFT: What Occurred?

Momoguro, self-advertised as one of many greatest NFT video games, is the most recent NFT undertaking put below investigation by its NFT neighborhood who claims it’s all a rip-off. Let’s check out what the neighborhood is saying.

TL;DR

• The NFT undertaking Momoguro is below investigation by its neighborhood, accused of being a rip-off.
• The undertaking claimed to be a revolutionary web3 recreation backed by Emmy-winning Baobab Studios and Disney, however proof reveals inconsistencies and lack of updates.
• Staff members have been accused of benefiting from the undertaking, and the NFT neighborhood is working to reveal scammers within the house.

What’s the Deal With Momoguro?

Momoguro first launched on social media as a revolutionary web3 recreation. The RPG’s storyline facilities round Momos – fantasy species gamers can earn, accumulate, and commerce to evolve. In line with their official platform, Momoguro is backed by Emmy-winning Baobab Studios, and creators Nico Casavecchia and Martin Allais.

As well as, the undertaking additionally stated the sport would develop into a worldwide IP with its personal TV present backed by Disney. Whereas Disney is a major investor in Baobab Studio, it’s not linked to Momoguro in any means, Twitter consumer @lokithebird factors out.

In truth, that is simply one of many first issues the undertaking’s neighborhood accuses Momoguro of.

In line with Loki The Fowl, the web3 recreation has a number of limitations and an total decrease high quality than it was marketed. At any time when the undertaking’s neighborhood requested particulars concerning the recreation, the founders supplied imprecise solutions.

Discord screenshots from Loki The Fowl revealed solutions corresponding to ‘it’s an NFT RPG recreation’ or ‘It’s not a click-a-button sort of recreation.’ These solutions are even stranger on condition that it was allegedly already in its beta model.

What’s extra, the group printed the gameplay video a few days after the launch (which is uncommon for giant studio web3 video games). The debut drop launched for 0.22 ETH / piece. Accordingly, Baobab Studios supplied solely 5% of their income for future recreation growth.

Quick-forward to seven months after the launch and the Momoguro group didn’t give any updates on their world IP roadmap. Furthermore, the group didn’t provide any updates on its world cross-promotions, advertising and marketing methods, or social media campaigns. Their Twitter feed was scarce, and so they saved promising the neighborhood that every thing would occur quickly.

All through this time, Momoguro insisted on Baobab Studios’ involvement within the undertaking. Nonetheless, the NFT neighborhood’s investigation revealed that the corporate solely confirmed up as soon as all through the undertaking. Even when it have been extra concerned, Baobab Studio has little expertise in creating worthwhile IPs, investigations revealed.

 

Who Are the Staff Members?

Momoguro’s Head of Advertising and marketing goes by the username @Inside_Tokens and the Advertising and marketing Supervisor is @Mitchell. Surprisingly, the neighborhood’s investigation revealed LinkedIn screenshots of Inside_Tokens bragging about getting $7.6M from the undertaking’s holders.

Within the meantime, the Head of Advertising and marketing has deleted that a part of his profile description:

To conclude, this investigation has raised some eyebrows within the NFT house. We await commentary from Momoguru in response to Loki The Fowl’s investigation.