Friend.tech founders have controversial ties to failed NFT project Kosetto

Friend.tech founders have controversial ties to failed NFT project Kosetto

Information on social media platform X(formerly Twitter) suggests that Friend.tech founders 0xRacerAlt and Shrimppepe have connections to a failed NFT project, Kosetto.
Kosetto NFTs
Kosetto is a tradeable NFT wearables project launched last December on Ethereum. The project, which consisted of 1,689 items, sparked significant excitement with users flooding social media platforms with posts about it. However, after it had introduced a Chrome extension for its NFTs in January, the project went silent in February after promising that “something big was coming.”
OpenSea’s data shows that the floor price of the collection is currently 0.01 ETH, around $17. The last sale for the NFTs occurred in February, with its total sales volume at only 5 ETH.
As of press time, Kosetto’s website was unavailable, displaying an Error 402.
Describing the project’s sudden demise, Justin Kalland, the Vice President of Innovation at Horizen Labs Ventures, said:
“The entire thing just disappeared, l

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