This is a very clever little scam; intrinsic to the design, the creator will *always* have enough ETH to be the next minter, and can always step in to mint the next NFT if the clock ever gets dangerously low (unless, of course, they will be the one withdrawing). The clock freezing after one withdrawal is even better.
The lock up mechanism on these blockchain scams just keeps getting more subtle!
The creator of a smart contract has no special rights (it's just the account that pays gas for initialisation), and cannot by default move the coins owned by the contract later on, unless the contract has code that allows that explicitly (which would indeed make it al scam, the game theoretic question remains valid in a clone without that feature).
This is a very clever little scam; intrinsic to the design, the creator will *always* have enough ETH to be the next minter, and can always step in to mint the next NFT if the clock ever gets dangerously low (unless, of course, they will be the one withdrawing). The clock freezing after one withdrawal is even better.
The lock up mechanism on these blockchain scams just keeps getting more subtle!
The creator of a smart contract has no special rights (it's just the account that pays gas for initialisation), and cannot by default move the coins owned by the contract later on, unless the contract has code that allows that explicitly (which would indeed make it al scam, the game theoretic question remains valid in a clone without that feature).