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ZkSync rejects the accusations of minting NFTs

4 July 2024
in Meta News
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ZkSync rejects the accusations of minting NFTs
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Matter Labs news: ZkSync, the scaling platform for Ethereum, has recently rejected the accusations of “internal minting” of NFTs. 

In response to circulating rumors, Matter Labs, the company behind ZkSync, clarified that its employees were not eligible to participate in the ZK airdrop and denied any distribution of NFTs to friends or insiders. 

Furthermore, they confirmed that some minters participated in the minting events, but without any favoritism or internal involvement. Let’s see all the details below. 

Matter Labs clarifies the position on the minting events of NFTs: the position of ZkSync 

As anticipated, on June 26, Matter Labs, developer of the Ethereum layer 2 network zkSync, denied the accusations of “insider minting” of NFTs. 

The company stated that all the minters of the non-fungible tokens (NFT) Libertas Omnibus were eligible according to the official criteria.

The statement from Matter Labs comes in response to a post on June 17 by blockchain researcher soEasy. He accused the team of distributing the NFT Libertas Omnibus to ineligible people, including friends of the team.

SoEasy also claimed that these “insider mint” allowed some to mint ZK tokens without meeting the airdrop criteria.

In a statement, a representative of Matter Labs reiterated that there had been no invalid mints. He explained that there were several ways to mint the NFT Libertas Omnibus. 

Some of these users were eligible for having interacted with the first 100 zkSync NFTs, while others participated in events where they scanned a one-time QR code to mint the NFT. 

Matter Labs has denied that owning a Libertas Omnibus NFT could make a user eligible for the ZK airdrop. 

In particular, emphasizing that the allocations were based on eligibility criteria, funds held on zkSync Era and bonus multipliers. Additionally, the development team employees were not eligible for the airdrop.

The Open mint of Libertas Omnibus

Matter Labs launched the mint NFT Libertas Omnibus as a “test” in July 2023, announcing a future open mint for those who had interacted with at least one of the first 100+ collections of NFT zkSync. The open mint concluded in January 2024.

On June 17, zkSync launched an airdrop for its ZK token, based on eligibility points, time-weighted average balance, and multipliers.

SoEasy stated that it discovered a corruption in the airdrop, accusing numerous wallet addresses of minting the NFT Libertas Omnibus without meeting the declared criteria. 

The zkSync team denied these accusations, claiming that all addresses had acquired their Libertas Omnibus tokens legitimately.

Despite the accusations from soEasy, Matter Labs reiterated that the mint of the Libertas Omnibus NFTs occurred regularly and that owning the NFTs did not guarantee eligibility for the ZK airdrop. 

The blockchain transactions examined show that the administrators used centralized functions to mint NFT, but the data does not confirm whether this was done for legitimate purposes or to favor the insiders. 

Matter Labs remains firm in its position, defending the legitimacy of its operations.

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