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CNN Rugs, Elegantly

Published at: October 11, 2022

Considering the fact that people coming in hot from Web2 rarely realize just how vastly different the Web3 market is, it comes as no surprise that CNN just rugged their Vault NFTs collection.

After 6 weeks in the space, they realized just how deep the water is and how bad they are at swimming, so they penned an elegant letter, addressed to “fellow ki–I mean, collectors,” saying how it was actually just an “experiment” and “at their core they are about experimentation and innovation.” But, they continue, stay tuned for their next “experiment.” They signed off on their Rug Notice Letter with “cya, nerds.” Jk. They didn’t, but they might as well have. NFA but don’t buy NFTs from celebrities or Web2 companies. They have no idea about the market and they don’t care. At all.

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