Nifty News: Azuki's Creator Faces Criticism, CryptoPunk Sells For A Large Loss, And More

2022-05-11 | Selina Mathew

Nifty News: Azuki's Creator Faces Criticism, CryptoPunk Sells For A Large Loss, And More

Instagram has teamed with Dapper Labs to bring out Flow NFT support, while the founder of the Azuki NFT project has been accused of abandoning three projects.

Yesterday, the founder of the $723.5 million Azuki non fungible token (NFT) project "Zagabond" sparked a ruckus by admitting that they had previously worked on three failed NFT projects. They have now apologized for their "shortcomings" after receiving considerable criticism from the NFT community.

Tendies and CryptoPunks clones CryptoPhunks and CryptoZunks are the three projects in discussion. All three, according to "Zagabond," failed owing to a lack of community support and other causes such as team members quitting or expensive Ethereum gas expenses.

The majority of responses to "Zagabond's" honesty about the trial and error road that lead to Azuki NFTs came after the blog was released on Twitter. Other members of the NFT community, on the other hand, were less enthusiastic.

"So does Web 3.0 Entail rugging three projects in less than a year?" tweeted Twitter user zachxbt, without equivocation. before going through certain alleged wrongdoings involving CryptoZunks developers posing as women in order to sell the project.

Other individuals, such as dxv eth, claimed that "Zagabond" committed to develop a marketplace for the CryptoZunks project and acquire pieces of the metaverse in order to support the ecosystem, but subsequently abandoned the community.

 

Leave a comment

Your email address will not be published. Required fields are marked *

Top 7 cryptocurrency overview



Best trading tool for cryptocurrency

2022 Top cryptocurrency Price Prediction List