[ZachXBT Questions zkSNARKs NFT Project: Raised Over $17 Million with Little Ecosystem Development] Odaily Planet Daily News: On-chain detective ZachXBT shared the auction results of the zkSNARKs NFT project and raised concerns about it, describing it as a standard 10,000-piece PFP NFT collection that lacks practical utility and ecosystem development despite raising eight-figure funding. He also questioned the team's fund allocation and royalty mechanism. According to zkSNARKs' disclosure, the auction received a total of 16,971 bids, with all 8,000 NFTs successfully allocated at a clearing price of 1.5 ZEC each. The total transaction volume reached 25,305 ZEC, which, based on the disclosed price at the time, is approximately $36.94 million. It is estimated that 13,309 ZEC will be refunded.