SolToadz And ZombieSolToadz NFT Rug Pull

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Zombie Sol Toadz

"The zombie apocalypse has started and the SolToadz were the first to get infected.

However, there is hope. Brave heroes will incinerate the infected and restore order to the swamp."

" ZombieSolToadz is a deflationary collection of 5555 NFTs on the Solana Blockchain. Every ZombieSolToad can be incinerated or bred (more on BREEDING below)!

The INCINERATOR removes ZombieSolToadz(ZTOADZ) and SolToadz(TOADZ) from circulation.

A portion of secondary sales is added as fuel for the Incinerator. When there is enough fuel, the incinerator moves through Solana marketplaces and burns up the cheapest ZTOADZ and TOADZ — “sweeping the floor.” The incinerator will use 80% of it's fuel to burn ZombieSolToadz and 20% to burn SolToadz.

This rewards ZombieSolToadz as well as SolToadz hodlers by raising the floor price and reducing supply, putting upward price pressure on all ZombieSolToadz/SolToadz NFTs."

"While our mad scientists are working on a cure...they theorize that breeding ZombieSolToadz and SolToadz together may finally end the zombie apocalypse and restore order to the swamp."

"October 2021: @Izadi & @Notpur promoted SolToadz. Ran giveaways, promo tweets, spaces etc. Those tweets have since been deleted.

SolToadz rugged $1.7 million. Izadi then created a project called RugToadz out of the kindness in his heart to those rugged."

"6969 Toadz Hopping into the $SOL pond. Uncensored, flipped, and thrown back. One of the cheapest per quality NFT's you'll ever find!"

"Throwback to the first 2 painful rugs BallerApeClub and SolToadz/ZombieToadz. Was still very emotional about rugs back then!"

"Total loss = around 17-18 sol (October 2021)"

"72 hours to convert toadz to rug toadz if you want to join a real DAO. Working today with on chain governance program to provide functionality for the DAO. Please pass this on :)"

"#rugtoadz are here to save you from #SolToadz that I can’t @ because they deleted their Twitter"

"RUGTOADZ THESE ARE THE TOADS THAT DONT RUG THESE ARE THE TOADS THAT WORK FOR YOU THESE ARE THE TOADS THAT MAKE YOU LAUGH WELCOME TO THE NO-RUG NON-TOADS AQUARIUM"

"AFTER THOUSANDS OF DOLLARS IN SOLANA TOADZ BEING LOST, THE COMMUNITY NEEDED A TOAD TO SWOOP IN AND SAVE THE DAY. RUG TOADZ IS HERE TO NOT ONLYBRING TOADZ BACK TO SOLANA BUT BRING TOADZ BACK TO THE HOLDERS. RUGTOADZ, THE ONLY TOAD THAT WON'T RUG."

This is a global/international case not involving a specific country.

About SolToadz/ZombieSolToadz

"The zombie apocalypse has started and the SolToadz were the first to get infected. However, there is hope. Brave heroes will incinerate the infected and restore order to the swamp."

" ZombieSolToadz is a deflationary collection of 5555 NFTs on the Solana Blockchain. Every ZombieSolToad can be incinerated or bred (more on BREEDING below)!

The INCINERATOR removes ZombieSolToadz(ZTOADZ) and SolToadz(TOADZ) from circulation.

A portion of secondary sales is added as fuel for the Incinerator. When there is enough fuel, the incinerator moves through Solana marketplaces and burns up the cheapest ZTOADZ and TOADZ — “sweeping the floor.” The incinerator will use 80% of it's fuel to burn ZombieSolToadz and 20% to burn SolToadz.

This rewards ZombieSolToadz as well as SolToadz hodlers by raising the floor price and reducing supply, putting upward price pressure on all ZombieSolToadz/SolToadz NFTs."

"While our mad scientists are working on a cure...they theorize that breeding ZombieSolToadz and SolToadz together may finally end the zombie apocalypse and restore order to the swamp."

"October 2021: @Izadi & @Notpur promoted SolToadz. Ran giveaways, promo tweets, spaces etc. Those tweets have since been deleted.

SolToadz rugged $1.7 million. Izadi then created a project called RugToadz out of the kindness in his heart to those rugged."

"6969 Toadz Hopping into the $SOL pond. Uncensored, flipped, and thrown back. One of the cheapest per quality NFT's you'll ever find!"

"Throwback to the first 2 painful rugs BallerApeClub and SolToadz/ZombieToadz. Was still very emotional about rugs back then!"

"Total loss = around 17-18 sol (October 2021)"

"72 hours to convert toadz to rug toadz if you want to join a real DAO. Working today with on chain governance program to provide functionality for the DAO. Please pass this on :)"

"#rugtoadz are here to save you from #SolToadz that I can’t @ because they deleted their Twitter"

"RUGTOADZ THESE ARE THE TOADS THAT DONT RUG THESE ARE THE TOADS THAT WORK FOR YOU THESE ARE THE TOADS THAT MAKE YOU LAUGH WELCOME TO THE NO-RUG NON-TOADS AQUARIUM"

"AFTER THOUSANDS OF DOLLARS IN SOLANA TOADZ BEING LOST, THE COMMUNITY NEEDED A TOAD TO SWOOP IN AND SAVE THE DAY. RUG TOADZ IS HERE TO NOT ONLYBRING TOADZ BACK TO SOLANA BUT BRING TOADZ BACK TO THE HOLDERS. RUGTOADZ, THE ONLY TOAD THAT WON'T RUG."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

• Known history of when and how the service was started.
• What problems does the company or service claim to solve?
• What marketing materials were used by the firm or business?
• Audits performed, and excerpts that may have been included.
• Business registration documents shown (fake or legitimate).
• How were people recruited to participate?
• Public warnings and announcements prior to the event.

Don't Include:

• Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
• Anything that wasn't reasonably knowable at the time of the event.

There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

The Reality

This sections is included if a case involved deception or information that was unknown at the time. Examples include:

• When the service was actually started (if different than the "official story").
• Who actually ran a service and their own personal history.
• How the service was structured behind the scenes. (For example, there was no "trading bot".)
• Details of what audits reported and how vulnerabilities were missed during auditing.

What Happened

The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.

Key Event Timeline - SolToadz And ZombieSolToadz NFT Rug Pull

Date	Event	Description
October 16th, 2021 11:03:00 AM MDT	Twitter Account Deleted	The SolToadz Twitter account is reportedly deleted according to multiple Twitter users.
October 17th, 2021 5:29:00 AM MDT	RugToadz Project	A new RugToadz NFT project announces that they will replace all SolToadz NFTs with RugToadz NFTs.
October 17th, 2021 5:04:00 PM MDT	Lucky Lemur Airdrop	The Lucky Lemur project offers to airdrop a free Lucky Lemur NFT to 10 victims of the SolToadz rug pull.

Technical Details

This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

Total Amount Lost

The total amount lost has been estimated at $1,700,000 USD.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

Immediate Reactions

How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

Ultimate Outcome

What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

Total Amount Recovered

There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

Ongoing Developments

What parts of this case are still remaining to be concluded?

Individual Prevention Policies

No specific policies for individual prevention have yet been identified in this case.

For the full list of how to protect your funds as an individual, check our Prevention Policies for Individuals guide.

Platform Prevention Policies

Policies for platforms to take to prevent this situation have not yet been selected in this case.

For the full list of how to protect your funds as a financial service, check our Prevention Policies for Platforms guide.

Regulatory Prevention Policies

No specific regulatory policies have yet been identified in this case.

For the full list of regulatory policies that can prevent loss, check our Prevention Policies for Regulators guide.