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CNN Bins ‘Vault’ NFT Project and Offers 20% Refund

Reading Time: 2 minutes

  • Global media outlet CNN has announced that it is scrapping its Vault NFT project
  • The company will offer a 20% refund on its NFT mint price
  • Some NFT collectors think CNN is conducting a rug pull

Global media outlet CNN has announced plans to disband its Vault NFT project less than two months after its creation. As compensation to investors, it has offered to give back 20% of the NFT original mint price. However, some NFTs collectors have questioned the logic behind the refund amount no

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