To try to test this theory, Monero users have scheduled what is basically a bank run: they are encouraging all users to try to move their Monero out of exchanges on April 18. Some have claimed that exchanges including Binance and Huobi have frozen withdrawals of Monero in anticipation of the mass-withdrawal, in an effort to prevent their lack of reserves from being discovered. Indeed, Huobi suspended XMR deposits and withdrawals 10 days ago and has yet to restore the functionality, which they say is due to a wallet upgrade. Binance also shows "withdrawal suspended" on its status page as of April 14.
- " 'The Monerun' scheduled for April 18th, Monero's 8th birthday", Monero Observer
- "The Monerun", on r/CryptoCurrency
Reception to the project was swift and overwhelmingly negative. Even the biggest Archie fans who already populated the existing Archie Comics Discord (which saw the addition of crypto channels on the day of the announcement) seemed largely unhappy with the news, and a plan to migrate to their own server free from the NFT and crypto chat was quickly hatched.
The project ultimately minted only 3,179 of the 5,500 planned NFTs, but at 0.068 ETH a pop this still brought in 216 ETH (just under $700,000). The project quickly reduced the supply to avoid the appearance of a lukewarm mint. The NFTs themselves are all illustrations of men wearing various animal heads as headdresses — an odd choice for an animal conservation project.
In November 2021, much of the team suddenly disappeared and stopped posting to Instagram or Twitter. One mod in the Discord has remained positive for months since the apparent rug pull, urging the remaining community members to remain positive. In March 2022, the mod wrote, "I need a huge favor this week from everyone to not spam the accounts of NFT.com guys and Tarzan, it is EXTREMELY IMPORTANT that stops if we want this to comeback, hopefully huge news to follow this week." No such news appears to have come.
The vulnerability was discovered after Taiwanese singer Jay Chou had a Bored Ape NFT stolen in April, prompting the researchers to look into the details of the attack. After the researchers responsibly disclosed their findings to Rarible, Rarible implemented a fix. Rarible removed the ability for users to upload SVG files to patch the vulnerability; it's not clear if they intend to restore that functionality.