Aussie NFT Llama Project Promises Refunds Amid Error-Plagued Launch

August 20, 2021, 10:15 AM AEST - 1 month ago

The development team of Australian-based Llama NFT platform Sollamas has announced it will refund or otherwise compensate all disgruntled users affected by its error-plagued launch earlier this month.

What Happened With Sollamas’ Llama Auction?

Based on the Solana blockchain, Sollamas intended to algorithmically issue 10,000 unique llamas on August 17. Each llama was listed for 4 SOL and the collection sold out a few hours after the platform went live.

However, the launch didn’t go as planned as some of the users began complaining they didn’t receive the llamas they minted. Other investors ended up receiving more or less than they paid for: 

The team at Sollamas admitted the incident was a result of an error and proposed issuing another iteration to the first sold-out set of llamas. They also planned to refund the investors who overpaid or didn’t receive the llama they initially paid for. 

Aussie Koalas Set for NFT Debut

Although the Llama project has come to grief, the Australian NFT market is in rude health regarding other animals. Crypto News Australia reported this week that the so-called Koala Intelligence Agency would be auctioning 10,000 unique NFT koalas on the Ethereum blockchain, from August 23 at 18:30 EST.

Last month, Aussie digital entertainment firm Virtually Human Studio announced it had raised US$20 million from The Chernin Group, Andreessen Horowitz (a16z) and Red Beard Ventures to accelerate the expansion of its horseracing NFT platform ZED RUN.

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