Replace (2023-05-19 14:25 UTC): This text has been corrected to mirror that Thomas Schmidt and Jay Yao are (or had been) consultants to ParaSpace NFT. An earlier publication of this text mistakenly names each people as co-founders. Cointelegraph regrets this error.
The ParaSpace nonfungible token (NFT) protocol saga relating to the placement of the protocol fund took a activate Could 19 when undertaking marketing consultant Jay Yao resigned from the corporate. Final week, the NFT protocol made headlines resulting from lacking funds and a sequence of accusations between managers and the CEO. In an announcement to Cointelegraph, a ParaSpace spokesperson wrote:
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