Moonbirds NFT Creators cancels Proof Collective’s May event
Moonbird’s NFT creators have canceled Proof Collective’s Proof of Conference event scheduled for May, according to a statement.
The release stated that the event was canceled “due to significantly less interest than expected.”
The project expected to create a new benchmark with its upcoming NFT conference. However, Digg co-founder Kevin Rose, who developed the web3 PROOF initiative and team, apologized for the “disappointment and inconvenience.”
Some in the community also expressed disappointment at the cancellation, but others came to the project’s defense:
Trading in red
The team stated that the decision came after reviewing sales statistics for several weeks, interacting with potential sponsors and conducting interviews with community members. It noted,
“We did not take this decision lightly, nor did we make it quickly. We spent a lot of time going over all the options, but in the end, the best choice was to cancel the conference this year.”
Meanwhile, Rose confirmed that ETH refunds had been processed in full to the purchasing wallet. Others can submit a travel and accommodation reimbursement request on the website.
“All other expense requests will be considered on a case-by-case basis,” the website states.
The project also highlighted that the emphasis for this year would be on execution, and the team would release a comprehensive report on ongoing Moonbirds efforts on March 2.
In terms of trading volume, Moonbirds ranks fifth among NFT pools on Ethereum and sixth when considering all other chains. The Moonbirds collection consists of 10,000 unique “profile picture” NFTs
6,478 unique addresses on OpenSea and LooksRare have a Moonbird, per platform. Although unique owners have fallen slightly in the past month from 6561 on January 22nd.
The current base price of Moonbird is $11,331, with a 24-hour trading volume of 4,413.81 ETH.
Disclaimer
BeInCrypto has reached out to the company or person involved in the story for an official statement on the latest development, but has yet to hear back.
