Well technically, the team that completely took over from the original developer "trusted" him to not dump +16.000 tokens, which he eventually traded for 77 ETH on 1 April 2022. No this was by no means an April fool's joke, this is when and what actually happened and what the NFY team's official explanation is in this saga. I don't really know what else to say on this one, but because I've somewhat kept an eye on it the past year and bought a measly 10 Non-Fungible Yearn when the price hit around 15 Euro per NFY I feel obligated to at least mention what the 'funge' made a working project with an actual use-case crypto go from a height of once 400 Euro per NFY, to 1,50 Euro at the time of writing with an ROI of -93% since it's inception. Needless to say I 'didn't trust them bros' and I guess still got a small stack due to FOMO in case they really did recover and break past ATH's. I feel the need to clarify that I say "measly" and "small" not because 150 Euro isn't a lot of money, it is to many people and I wish I could get it back, but because many NFY holders who trusted this wouldn't happen are left in shock right now after literally losing tens of thousands per person when the price went all the way down to around four Dollars on April 1 and then had the NFY team dump their own tokens on them three days later which then made the price drop to loose change😳

Let's go back in time, one year ago this was one of the biggest hypes out there with just about every go-along crypto YouTuber regurgitating the same phrases like "hidden gem", "endless possibilities" or even "revolutionary to NFT/DeFi". Yes some guy named "Jeff" had created something special here that had many crypto YouTubers talk about it. But the issue with this project was not that it was all hype without a realistic concept or intention to put tangible products out there, no the deal breaker on this one was that 1 April 2022 was set to be the day our "Jeff" (cough) lead developer who already moved on from NFY but still had a 💩 load of dev LP tokens locked up till that date (cough) had "promised" to not touch or at least not immediately dump the to be released tokens once that faithful day arrived. It turns out that bro was not to be trusted:

The second dump you see on April 4 is the active NFY team who literally told it's community on April 2 they should better not cash out because they're working on a plan and patience was virtue. It wasn't, and as things stand now they are considering doing some sort of air drop to NFY holders partially funded with the money they saved themselves by dumping on the holders. Basically a partial reimbursement coming from your own pockets🤨 I have to clarify though that as things stand nothing has been done or even decided yet.

"But wait, what about your own 10 NFY" you ask? It went from around 15 Euro per token to now being worth about 15 Euro in total, hence not even covering permission costs to allow the contract to access it, let alone the actual transaction fees that will have to follow after that 😂Damn you FOMO, you said it would break past ATH of 400 Euro, now look😂

That Jeff guy btw seems more like a bot than an actual person on social media with mostly just retweets or GIFs. This was one of his last Tweets where he actually typed something, enjoy the irony