Horizon World NFT Rug Pulled

Key Takeaway:

  • Horizon World NFT is rug pulled now, it has already deleted all its social media accounts and website has stopped working.
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Below is a quick overview of this project.

Horizon World NFT Project has described itself as first-ever virtual world owned by its users. Here is the contract address: https://etherscan.io/address/0xe9e750c74c25676678edd57bc701b46cdcbd307e.

Contract Owner has minted 737 NFTs, accounting for 68% of the total, and did not spend any fees, while users minted with 0.03 ETH.

Token Ownership

The owner has the privilege to set the contract approve function, and before closing the contract approve function, he listed an NFT worth 1 ETH on the OpenSea, and forged the floorprice to be 1 ETH, in order to attract users to mint. Here is the OpenSea address; https://opensea.io/collection/horizonworld.

Owners Drained Funds

Around 145 users have minted this NFT till April 17, but they cannot sell this NFT on Opensea, because the owner has turned off the approve function of the contract.

Here are some other Rug-Pull Scams our readers should know about;
  1. Cardinal DeFi Rug Pulled, Around $50K worth of Juno Stolen
  2. ElonMoonSpace Project Rug-Pulled, Around $171K Lost
  3. Crypto Klash Rug Pulled, Around $340K Stolen
  4. MaxAPYFinance Rug Pulled, Around $440K Stolen
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Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)

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