According to Odaily, the Fractal Bitcoin asset management project, Fractal-420, announced on platform X that it has failed due to unverified reasons related to external uncertainties. Despite the setback, the team emphasized that they have not given up on their efforts. They assured that all minting fees will be refunded at the beginning of September. Additionally, to show appreciation for the support from holders, the team will distribute 10,000 pizza tokens to some of the participants involved in the minting process.