Rug Pulls and Financial Losses: The Dark Side of NFTs

This chapter discusses the downfall of a once-promising NFT company that rug pulled its customer base, causing significant financial losses. It explores the irony that the company's investor appeared stable despite the collapse and reflects on the lack of consequences faced by the company's founders. The chapter also examines the allure of investing in the future of entertainment and the democratized contribution to cultural phenomena through NFTs.