Quidd: Difference between revisions
Found this thread interesting (https://x.com/mbram/status/1524379067457413127) + added more background info |
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Before the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity".<ref>https://x.com/quidd/status/1367685868455092225</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref> | Before the shutdown, users could buy and sell NFT collectibles on the Quidd marketplace for virtual currency, which could be exchanged for real money through a cash account.<ref>https://web.archive.org/web/20240915231810/https://intercom.help/quidd/en/collections/2696326-cash-account</ref> In addition, it was alleged the founder Micheal Bramlage promised users before the 2019 acquisition that users could keep their collections even if the service closes.<ref>https://x.com/Ayyee38/status/1875339313501843827</ref> In the past, collectibles would be sold for as high as $255-$500 each depending on their "rarity".<ref>https://x.com/quidd/status/1367685868455092225</ref> In the first week of March 2021, over $53,000 worth of withdrawals were processed.<ref>https://x.com/quidd/status/1371110813398937613</ref> | ||
With their announcement on Twitter/X, users compared this behavior from Quidd to a "[https://www.coinbase.com/learn/tips-and-tutorials/what-is-a-rug-pull-and-how-to-avoid-it rug pull]".<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> In addition, many users warned Quidd of a class action lawsuit.<ref>https://x.com/Lex_407/status/1875563383279472987</ref> | With their announcement on Twitter/X, users compared this behavior from Quidd to a "[https://www.coinbase.com/learn/tips-and-tutorials/what-is-a-rug-pull-and-how-to-avoid-it rug pull]".<ref>https://x.com/spencer_hames/status/1877188802642325972</ref> In addition, many users warned Quidd of a [[class action lawsuit]].<ref>https://x.com/Lex_407/status/1875563383279472987</ref> | ||
==Terms of Service== | ==Terms of Service== | ||