UPDATE: After contacting Timeless Investments and Twire, the technical service provider of the collection, who was apparently largely responsible for the creation of the smart contract, the article was modified. The updates are in italic and underlined.
On May 26th, Timeless Investments announced their first own NFT collection together with artist Cro. The mint tokens were sold out after a very short time and were a real success for the company. 3 months later the reveal took place. From technical problems to NFTs that have still not been received, everything is included. The emerging success story is thus characterized by failure and the question of whether it was all just about making money can’t get out of your head. Below is a thread as to why the Carlito NFT ripoff story might be true.
What is Timeless Investing?
Timeless is the first company in the world to use blockchain technology to make it possible for everyone to invest in collectibles and thus participate in their value development. With this business model, the asset class of collectibles is to be democratized and the market for rare collectibles, such as watches, art and vehicles, is to be made accessible to everyone. Timeless, a brand of New Horizon GmBH based in Berlin, is a digital platform that verifies, acquires and then divides unique assets into shares that anyone can buy from €50 and trade with other users. The company takes on the custody, insurance and maintenance of the…
