Momoguro NFT: What Happened?

Momoguro, self-advertised as among the finest NFT video games, is the most recent NFT challenge 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 challenge Momoguro is below investigation by its neighborhood, accused of being a rip-off.
The challenge claimed to be a revolutionary web3 sport backed by Emmy-winning Baobab Studios and Disney, however proof exhibits inconsistencies and lack of updates.
Staff members have been accused of cashing in on the challenge, and the NFT neighborhood is working to show scammers within the house.

What’s the Deal With Momoguro?

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

As well as, the challenge additionally stated the sport would develop into a world 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 approach, Twitter person @lokithebird factors out.

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

In response to Loki The Fowl, the web3 sport has a number of limitations and an general decrease high quality than it was marketed. At any time when the challenge’s neighborhood requested particulars in regards to the sport, the founders provided obscure solutions.

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

What’s extra, the staff revealed 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 provided solely 5% of their income for future sport growth.

Quick-forward to seven months after the launch and the Momoguro staff didn’t give any updates on their world IP roadmap. Furthermore, the staff didn’t supply any updates on its world cross-promotions, advertising methods, or social media campaigns. Their Twitter feed was scarce, they usually stored promising the neighborhood that the whole lot would occur quickly.

All through this time, Momoguro insisted on Baobab Studios’ involvement within the challenge. Nonetheless, the NFT neighborhood’s investigation revealed that the corporate solely confirmed up as soon as all through the challenge. 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 challenge’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.