Friendsies, an Ethereum NFT project from long-running art duo FriendsWithYou, announced today that it would “pause” all future plans around the project after raising more than $5 million worth of ETH in last year’s mint. The team then apparently deleted their Twitter account shortly afterwards, leading to accusations of a "rug pull."
Now, some members of the community are proposing a plan to take over and continue running the project.
Satvik Sethi, former NFT product lead for Mastercard and now CEO of Web3 social app startup Joincircle, tweeted at FriendsWithYou today with an offer to help the community essentially take over the project from the original creators and keep it alive. Other Web3 founders, creators, and collectors have replied, volunteering to help Sethi execute on a new vision for Friendsies.
"I'll install a new team and take the project forward with a different vision," he wrote in the tweet thread, imploring FriendsWithYou to "do the right thing" and "don't abandon people who put their trust in you."
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