ZkSync: Matter Labs Denies Accusations of “Internal Minting” NFTs
Recently, Matter Labs, the company behind ZkSync, denied rumors alleging “internal minting” of NFTs. The company clarified that its employees were not involved in the ZK airdrop and refuted claims of NFT distribution to insiders. It further asserted that minters participated in minting events without any favoritism or internal interference. Let’s delve into the details below.
Matter Labs Responds to Allegations of Insider Minting
- Matter Labs, the developer of Ethereum’s zkSync network, dismissed accusations of insider minting of NFTs on June 26.
- All minters of the NFT Libertas Omnibus were deemed eligible based on official criteria, according to the company.
- The response followed allegations by a blockchain researcher, soEasy, on June 17, claiming NFT distribution to ineligible individuals, including team friends.
The company’s statement clarified that there were no invalid mints and explained the various ways users could mint the Libertas Omnibus NFT. Additionally, owning this NFT did not guarantee ZK airdrop eligibility, which was determined by specific criteria. Matter Labs emphasized transparency in its operations and denied favoritism towards insiders.
Libertas Omnibus Open Mint
- Matter Labs launched the NFT Libertas Omnibus as a test in July 2023 and conducted an open mint for users who interacted with the first 100+ NFT zkSync collections.
- Subsequently, zkSync initiated an airdrop for its ZK token in June 2024, based on eligibility points and multipliers.
- allegations of corruption in the airdrop were made by soEasy, who accused several wallet addresses of illegitimate minting of Libertas Omnibus NFTs.
The zkSync team refuted these claims, stating that all tokens were acquired legitimately. Matter Labs reiterated the regularity of minting processes and reiterated that owning these NFTs did not automatically qualify users for the ZK airdrop. Despite scrutiny, the company maintained the integrity of its operations.
Matter Labs Stands Firm in Denying Insider Minting Allegations
In conclusion, Matter Labs, the developer of ZkSync, has categorically denied allegations of “internal minting” of NFTs and clarified its stance on minting events and airdrop eligibility. The company underscores transparency and fairness in its operations, emphasizing adherence to set criteria for minting and rewarding users. Despite external scrutiny and accusations, Matter Labs remains steadfast in defending the integrity of its processes.
Hot Take: Matter Labs News on ZkSync
Recent developments surrounding Matter Labs and ZkSync highlight the company’s commitment to transparency and fairness in its operations. By refuting allegations of insider minting and reiterating the eligibility criteria for minting and airdrops, Matter Labs upholds its reputation for integrity in the crypto space. As the industry evolves, companies like Matter Labs continue to set benchmarks for ethical practices and accountability, ensuring a level playing field for all participants.
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