The most recent rug pull by the NFT is as bold as it gets. SudoRare, a platform that was supposed to help people buy and sell NFTs, stole around $815,000. This happened only six hours after it went live.
The platform was based on two other decentralized NFT marketplaces called SudoSwap and LooksRare. This is called a “fork.” In the simplest terms, a fork happens when a crypto community changes the way a blockchain works or the rules for how it works.