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Kanstar NFT Project Receives Criticism for Treasury Drop
The Kanstar NFT project is facing criticism after its treasury value plummeted from $500,000 to $14,250 due to a sharp decline in the Ronin cryptocurrency (RON). Project leader Osito Lima addressed community concerns with a transparency report, detailing how validator rewards were spent on operations and team expenses. Lima plans to move remaining funds to Binance staking and vows the project will continue building despite the setbacks.