Smilesss Founder Waheed Zai issued a statement to the community earlier today, insisting the NFT project is not a rug and is currently dealing with unspecified legal issues.

"It [has] been months," Zai began. "I have heard everything that the community had to say. I've been involved in those conversations; from being labeled a rug to Smilesss not deserving this community to everything else in between. I get it, trust me, I do."

Zai went on the explain the silence over the past few months.

"The silence in the past couple [of] months has been due to many factors, one aspect being legal," he continued. "This has put me in a [position] to not be able to speak on certain factors until everything gets resolved and until all parties go about their [business]. This has nothing to do with the bear [market] or how the market is doing, but everything to do with internal restructuring."

The project's founder said he spent the last couple of months fighting for the future of his creation, but ensured the community he is still committed to building what he set out to create.

"I am the one that is the most disappointed with how things unfolded, but I don't have the luxury to walk away," he said. "I am not going to walk away; I just need time. The community has been very patient with me, [and] I don't take that sh*t for granted."

Zai does not blame other members of the team for walking away, and he appreciates the community's continued support, according to the post. He claims to have identified the problem and removed it and hopes to get back to "regular scheduled programming" soon.

"Before I end my thoughts, though there is so much more to say, I just want to say thank you to those of you who took the time to reach out and remind me it's okay to not be okay and to allow myself to feel the overwhelming emotion," he concluded. "Those words have been pillars during such clouded days."

The treasure hunt will start today at noon ET. The posters were created by @all_smilesss.

This post will be updated as location hints and clues are revealed by the team. Stay tuned.

Lost Smilesss one, two, three, and four have been found.

The fifth and final lost Smilesss is located downtown.

The Smilesss Discord has been compromised according to a recent tweet from the team.

Users should not click any links in the project's Discord and wait until the team announces that they have regained control of the server before entering.

As a reminder, users should never click any links claiming to be a stealth mint.

Smilesss announced a collaboration with NBA superstar Steph Curry in a tweet this afternoon. 

More details are expected shortly, but here's what we know so far:

Each time Steph Curry makes a three-point shot in the NBA Finals, nine free NFTs featuring a basketball with Curry's name on it can be reserved at https://lab.currybrand.com/currycounter. 

Once on the site, users can connect their wallets to be prepared to reserve an NFT. As soon as Steph makes a three-pointer, users will need to click reserve for their change to buy the NFT. Only users who successfully reserve the NFT will be able to purchase the NFT, which has no cost. Users will only need to pay a gas fee to complete their transactions. 

Though shared by the Smilesss team, the reservation process is open to anyone, not just Smilesss holders. More details about the Smilesss involvement is expected soon.

Holders can head over to the portal to claim their Smilesss PFP. Once there, users can connect their wallet and select the NFT(s) they wish to claim a PFP for.

The PFP version of the NFT cannot be bought or sold on its own, users who buy Smilesss on secondary must go back to the portal to transfer the PFP NFT that matches up with their Smilesss.

Smilesssvrs provided additional information regarding its partnership with Pooh Shiesty in an announcement today. 

• The collab collection will drop on April 27.
• The 1,000-piece collection will consist of four editions of 250 each.
• The original album cover created for Shiesty will be auctioned off as a 1/1 piece.
• This should not be considered a companion collection to Smilesssvrs. A Smilesss x Shiesty token "will not act as an access token into the Smilesss universe."