According to CoinMeta, as reported by BeinCrypto, ZachXBT accuses Zcash NFT's project zkSNARKs of being a money-raising scam, with the involved amount reaching 17 million US dollars. The project raised funds through blind bidding and was alleged to have no practical use. ZachXBT stated that the team received a 10% distribution and a 5% royalty at a casting cost of about 2000 US dollars, and compared this issuance to a Ordinals scam.