NFT Creator ART101 puts community over profits, refunding entire community and making collection free-to-mint.
BASΞD VITALIK's release was one of unfortunate timing. Shortly after announcing their release date, some of the most anticipated NFT drops in months began announcing their own releases the same week. The drop date quickly became crowded with massive projects utilizing much larger promotional campaigns. Starcatchers and Invisible Friends minted on the same days as the BASΞD VITALIK allowlist and public mints, with Wonderpals shortly after.
So ART101 decided to do something unheard of in NFTs. They refunded all of their minters in full and then changed the collection to Free-to-Mint.With ART101 unwilling to leave their supporters in a bad situation, artist Carty Sewill announced the shocking but exciting move. "Art101 doesn't wanna leave anyone holding bags, especially those of you who came out to support us. We aren't hype-lords; that's fine with us. We're more interested in making NFTs than stacking ETH. And we just returned 65,000 USD to prove it."
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