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Within 24 hours of launch, the MekaVerse NFT project had minted over $60 million in sales. However, despite its phenomenal first day, MekaVerse has been one of the most controversial non-fungible tokens (NFT) in recent times.
Soon after it entered the market, the MekaVerse NFT project was dogged by allegations of data leaks and possible fraudulent activities that compromised the legitimate ownership of certain rare NFTs.
So, did MekaVerse experience an NFT bubble? Will it ever recover from its floor price collapse? Was there foul play around the distribution of its NFTs?
Read on, as we explore the dynamics and controversy around the MekaVerse NFT project.