So this counts as a major milestone? A project that secured $20 million in funding but delivered nothing meaningful in two years now hands things off to another party? The real question is whether Animoca acquired this as a genuine rescue operation or simply took on the liability. Either way, the gap between what was promised and what was actually built during that funding period raises some serious questions about project execution and investor accountability in the space.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
So this counts as a major milestone? A project that secured $20 million in funding but delivered nothing meaningful in two years now hands things off to another party? The real question is whether Animoca acquired this as a genuine rescue operation or simply took on the liability. Either way, the gap between what was promised and what was actually built during that funding period raises some serious questions about project execution and investor accountability in the space.