Adult film star Lana Rhoades with a massive following on social media, but her Twitter account was suddenly deleted after she made a series of tweets protesting criticism of her NFT project, CryptoSis. So, what happened to Lana Rhoades and her NFT project?
"CryptoSis" was accused as a rug pull
Some have accused the CryptoSis NFT project of being a rug pull, as funds from the mint have been cashed out and Rhoades has said she may now be deleting her Discord app and distancing herself from the project. The project's Discord group is still active as of right now.
The current floor price (minimum "buy now" price) for Rhoades' NFTs on OpenSea is 0.01 ETH ($26), which is significantly less than their original mint price of 0.1 ETH ($261).
Before Everything
On her verified Instagram account, which has 16.8 million followers, as well as on her now-deleted Twitter account, which had 1.5 million followers, Rhoades constantly promoted her CryptoSis project.
Rhoades said in her social media posts that she planned to make her NFT project “a lucrative investment for holders” and that her main focus was to “increase the value” of her NFTs. She also promised other holder benefits like exclusive future drops, physical merchandise, and direct interactions with her and other “CryptoSis models” in the “metaverse.”
However, nothing has quite gone as planned. Initially, Rhoades expected that "we will probably sell out quickly" in her NFT project's official Discord server.
Rhoades kept her promise to her community that her NFTs would be valuable, saying in January that "The value is going to go way up over the next few months." She assured people that "this is just the start of the brand."
When the collection did not, in fact, quickly sell out, the total collection size was reduced to 6,969 and then reduced again to 6,069 to increase the chances of it doing so. Rhoades tried to reassure her community on January 22, writing, “We will be sold out by tomorrow and working on the next phase of the plan.”
Rhoades took back her initial claim that her project was a "lucrative investment," saying she wasn't sure she could "turn this investment around" or "make people profit." Additionally, she gave the impression that she was giving up on her own NFT project when she said that the project's future success depended on the community.
Protesting criticism
Rhoades posted a series of angry tweets in response to YouTuber Coffeezilla's video calling her CryptoSis project a rug pull before apparently deleting her account. "I have never and will never scam anyone, I don't need to", Rhoades said, calling YouTubers " sickos."
In response to one Twitter user telling her to “stop doing NFTs,” Rhoades replied, “Trust I want nothing to do with the space anymore.”
Implying that she will be keeping the project's mint earnings, Rhoades claimed the need to pay the development team as her reason. Going forward, it's unclear to what extent she will engage with her NFT community's Discord, which she's asserted will be modified to holders- only.
