On January 29, a clarification announcement issued by Binance Labs ignited the emotions of users of the recently popular AAA gaming platform SkyArk Chronicles.
January 29, 4 pm , Binance Labs stated on
SkyArk Chronicles is a 3A chain game project. It was selected into the third phase of the Binance Labs incubator in 2021 and received investment from Binance Labs.
On January 12, SkyArk Chronicles announced on its official .
After the official announcement of financing, SkyArk Chronicles launched Genesis NFT sales on January 26. On-chain data shows that more than 50,000 Ethereums have been deposited in SkyArk Chronicles’ NFT sales contract, worth more than $100 million.
Due to users' expectations for market conditions and Binance's endorsement, users' expectations for SkyArk Chronicles were high, and they all chose to participate in Bid at the top price of 0.6 Ethereum. Binance’s clarification announcement triggered emotions among these users.
Many users left comments under Binance’s statement, asking why they didn’t issue the statement earlier, but after the NFT sale ended.
SkyArk Chronicles responded that Binance Labs incubated and invested in SkyArk Chronicles in the third phase of the incubator, which was the first and only round of financing for SkyArk Chronicles.
Subsequently, Binance Labs clarified the reason for the previous announcement on X.
Binance Labs stated that it did not know about its $15 million round of financing before the SkyArk Chronicles team PR, and would mention that Binance Labs led the investment. The project team was contacted to delete the correction, but the project team only deleted the tweet and did not clarify the facts. As a result, some users approached Binance to confirm the investment information. Therefore, Binance Labs made a unilateral clarification.
Many users expressed that they hope to know more about this incident As of press time, Binance Labs and SkyArk Chronicles have not announced any further details.
According to the official SkyArk Chronicles community announcement, SkyArk Chronicles launched a community AMA after Binance issued a clarification statement. Founder Kelvin stated in the AMA that SkyArk indeed Completed US$15 million in financing, including multiple rounds of currency rights and equity, starting in the third quarter of 2021. The company has only conducted one currency rights financing, and in this round of financing, Binance Labs not only participated, but also held the largest share.
Kelvin believes that Binance Labs may have misunderstood whether SkyArk Chronicles has conducted currency rights financing again.
In fact, the evidence mentioned in Binance Labs’ announcement shows that Binance Labs communicated with SkyArk Chronicles on the night of the financing announcement (January 12). Ask SkyArk Chronicles to delete the tweet about the financing and make appropriate corrections.
Binance Labs requested that "Binance Labs leads the investment" be removed from the communication to avoid misunderstandings.
It can be seen that the fact is that Binance Labs did invest in SkyArk Chronicles, but it was dissatisfied with SkyArk Chronicles' publicity that "Binance Labs led the investment" without prior communication.
However, as Binance Labs said, SkyArk Chronicles only deleted the previous financing announcement after communication, but did not issue further clarification, without "Binance The financing news led by Labs has not been released again.
Due to SkyArk Chronicles’ cover-up of its financing situation, some community members have questioned the authenticity of its financing, and SkyArk has taken corresponding actions in the face of doubts.
SkyArk Chronicles’ previous announcement showed that its NFT sales adopt a bidding mechanism. The 7,000 addresses with the highest bids will be eligible to mint NFTs, and those who do not win the bid will all amount refunded. Some users said that now they just hope that the project side will not run away and return the money they did not win.
As of press time, SkyArk Chronicles has released a refund link, users can check whether they have won the bid, and those who have not won the bid can apply for a refund.
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