.eth_porsche says it's halting its NFT mint a day after opening to the public amid criticism of its high mint price. As of Tuesday, only about 25% of the project's NFTs had been minted. camlearnscrypto reports
“Our holders have spoken. We’re going to cut our supply and stop the mint to move forward with creating the best experience for an exclusive community,” said the project’s official Twitter account, claiming that more information is coming later in the day., with each NFT – a digital replica of its iconic 911 model – priced at 0.911 ether , or about $1,490 each.
Of the 7,500 tokens available, only 1,818 were minted at the time of writing. The project fared worse on secondary marketplaces such as OpenSea, with NFTs selling for below the mint price – meaning, it was cheaper to buy the NFT at resale than mint an original.Porsche did not immediately respond to CoinDesk for comment.
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