The Beans NFT is down over 40% from yesterday because of an error made by the Dev team.
Imagine if tomorrow PLY announced that they have issued 30% more shares at a price of $0. Shareholders would be livid at the dilution of their holdings. This is effectively what they have done with the Beans NFT, destroying investor confidence in the project and scaring away anyone who may have been waiting on the sidelines.
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- Ann: BEANS Web 3.0 Project Update
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