ZachXBT questions that zkSNARKs project raised over $36.94 million yet lacks construction
2026-09-19 20:06:41
According to CoinMeta, the blockchain detective ZachXBT has questioned the lack of practical use, ecological development, and transparency in the allocation of funds after zkSNARKs and NFT projects raised $36.94 million. zkSNARKs revealed that a total of 16,971 bids were received for this auction, with 8,000 NFT being allocated at a liquidation price of 1.5 ZEC, resulting in a total trading volume of 25,305 ZEC. It is expected that 13,309 ZEC will be refunded.
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Source:Internet
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