Truth Labs Shares Team Transaction Policy

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Truth Labs, the team behind Illuminati NFT and goblintown.wtf, unveiled a transaction policy for its team members in a Friday announcement.

The policy states that all Truth employees have agreed not to sell any NFT assets that are directly related to or created by the Truth Labs team. The policy affects the sale of any of the following NFTs:

IlluminatiNFT
187
Goblintown
McGoblinburger
Believer’s Passes
Community Passes
Seekers of Truth NFTs

Additionally, the policy notes that all Truth Labs team members set to participate in the upcoming goblintown/mcgoblinburger baiting process will need to do so just before the trapping process occurs. By entering just before the trapping process, the team is hopeful to avoid impacting or swaying any decisions made by the community.

Both parts of the policy were unanimously agreed upon by the Truth Labs team.

Other NFT projects, like PROOF, have recently implemented select trade/no-trade policies for NFT collections as well, perhaps in response to the controversy from earlier this year when former PROOF COO Ryan Carson had purchased Moonbirds NFTs.

Author Bio

Logan Hitchcock

NFT Analyst

Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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