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Twitter users accuse Bali NFT Week organizers SOULRICH® of defrauding a $50,000 investment. As a result of these allegations, @anonscontent came out on Twitter to provide more clarity on this situation.
According to @anonscontent, he left Bali NFT Week organizers SOULRICH® “due to manipulative and questionable business practices, and for not protecting me and my $50,000 investment.” After countless conflicts, verbal threats, and unprofessional behavior, @anonscontent decided to leave to protect his own well-being.
Regarding his $50,000 investment, @anonscontent said:
“Well the blockchain doesn’t lie. Attached is my transaction to @soulrichteam for just over $50K in $USDC. For the past few months I have been under contract exclusively with @soulrichteam.
@anonscontent claims that SOULRICH® changed his contract during the contract period. The original contract had @anonscontent set to receive 10% of NFT fundraising and 10% of all royalties. However, the Bali NFT Week organizers eventually changed it to “being the director of communications with equity TBD.”
He went on to say that SOULRICH® never paid him for his work, except for $1K for a hotel for NFT.NYC. However, the Bali NFT Week organizers assured him that his investment made him part of the core team.
“Having decided to part ways, I requested my investment back on August 16th and have not received any formal contact from the team since. Instead, they have continued to block my profile on social media accounts and ignore my emails and text messages.”
Not only that, but Bali NFT Week is also a result of @anonscontent and @ImmersedVR’s investments. So @anonscontent decided to break his contract and call out the bad actors in the NFT community.
Taking place between September 8 and 17, Bali NFT Week promises to “restore the soul of Web3.” According to organizers, it is a week of NFT and wellness events. However, his reputation has already been damaged due to the accusations from @anonscontent and NFT Twitter.
All investment/financial opinions expressed by NFTevening.com are not recommendations.
This article is educational material.
As always, do your own research before making any kind of investment.