zkSNARKs NFT
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·3a2qNQ…JALySummary
zkSNARKs is a 10,000-piece profile picture NFT collection launched on the Zcash blockchain in September 2026. It raised approximately $17 million through a blind auction but has delivered no working governance, community access tools, or ecosystem partnerships as of the date of publication. On-chain investigator ZachXBT publicly accused the project of being an eight-figure money grab, and NFT community figure Leonidas separately alleged team members had prior histories with Ordinals-era scams; those prior-history allegations remain unverified.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(6 events)
17 September 2026
zkSNARKs 48-hour blind auction closes at 12:00 ET. 8,000 NFTs clear at 1.5 ZEC each; 16,971 bids received; approximately $17 million retained after refunds.
Crypto Briefing17 September 2026
Aurora Labs CEO Declan Hannon confirms Aurora Intents processed over $19 million (more than 50% of total volume) across 1,718 cross-chain swaps into the auction.
crypto.news19 September 2026
ZachXBT publicly accuses zkSNARKs of being 'an eight-figure money grab,' alleging the project raised $17 million while delivering no utility, and draws comparisons to Ordinals-era pump-and-dump schemes.
PANews English19 September 2026
NFT community figure LeonidasNFT separately alleges zkSNARKs team members had prior involvement in Ordinals scams; allegations remain unverified.
Crypto Briefing19 September 2026
Allegations amplified across multiple crypto outlets including KuCoin News, Phemex News, CryptoNomist, PANews, and CoinDesk.cc within hours.
KuCoin News21 September 2026
AirdropAlert publishes analysis of the $17.5M blind auction mechanics; notes secondary marketplace floor at approximately 1.98 ZEC and 500 sales recorded on Zilkroad.
AirdropAlertDecision Log
- hash: Xdh4v5Ea8wNA246JDMDicjRFnfWACfvdxhVQQ9Ym7UE
This investigation is cryptographically anchored to the Solana blockchain (1 event). 0 of 15 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/23/2026, 5:21:12 PM
last updated: 9/23/2026, 5:21:22 PM
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