NFTs

CryptoPunks NFT Art Sparks Backlash Amid ‘Woke’ Controversy

Published

2 months ago

21 May, 2024

CryptoPunks NFT Art Sparks Backlash Amid ‘Woke’ Controversy

Yuga Labs, the company behind the popular Bored Ape Yacht Club NFTs, has decided to step back from its involvement with Cryptopunks, another prominent NFT collection in the crypto world.

In 2022, Yuga Labs acquired Cryptopunks to preserve its legacy. Over time, Cryptopunks has become one of the most iconic and influential profile picture (PFP) series in the NFT space. Thanks to their popularity among collectors, Cryptopunks have even found their way into museums.

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I wanted to share an update on Punks: When we acquired the collection a few years ago, we did so with the intention of preserving the collection’s legacy.

We see punks as the first cave paintings of this new medium, and we were heavily influenced by them when creating…

– Garga.eth (Greg Solano) 🍌 (@CryptoGarga) May 20, 2024

After managing the project for two years, Yuga Labs decided to move forward. In a detailed post shared by Garga.eth (Greg Solano), co-founder of Yuga Labs, the company announced its decision to end all ties to the NFT collection. Instead, they plan to make it fully decentralized to ensure its preservation on the blockchain.

As part of its efforts to integrate Cryptopunks into the traditional art world, Yuga Labs introduced new NFTs consisting of just 500 works of art. They collaborated with renowned artists to create new works using the Cryptopunks brand, aiming to bridge the gap between the Web3 ecosystem and traditional art.

One of these collaborations was with artist Abney, who created Super Punk World using the official Punks label. However, this move was not well received by some members of the punk community and collectors.

They criticized the artwork, which aimed to celebrate diversity and challenge conventional ideas about identity, labeling it as “woke”. Some argued that the avatars depicted in the artwork differed from what they believed an original Punk should be.

Read too: Oasys reveals Captain Tsubasa NFT football spectacle

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NFTs

Non-Fungible Items; Picking Up Where NFTs Left Off — COZ Co-Founder Tyler Adams – Op-Ed Bitcoin News

Published

60 mins ago

27 July, 2024

TokenTalk Staff

https://news.google.com/./articles/CBMiZmh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9ub24tZnVuZ2libGUtaXRlbXMtcGlja2luZy11cC13aGVyZS1uZnRzLWxlZnQtb2ZmLWNvei1jby1mb3VuZGVy LXR5b GVyLWFkYW1zL9IBAA?hl=en-US&gl=US&ceid=US%3Aen

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NFTs

https://news.google.com/./articles/CBMiKmh0dHBzOi8vd3d3LmJiYy5jb20vbmV3cy9idXNpbmVzcy02NzI5NTc4NtIBLmh0dHBzOi8vd3d3LmJiYy5jb20vbmV3cy9idXNpbmVzcy02NzI5NTc4 Ni5hbXA?hl=en-US&gl=US&ceid=US%3Aen

Published

2 hours ago

27 July, 2024

TokenTalk Staff

https://news.google.com/./articles/CBMiKmh0dHBzOi8vd3d3LmJiYy5jb20vbmV3cy9idXNpbmVzcy02NzI5NTc4NtIBLmh0dHBzOi8vd3d3LmJiYy5jb20vbmV3cy9idXNpbmVzcy02NzI5NTc4 Ni5hbXA?hl=en-US&gl=US&ceid=US%3Aen

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NFTs

AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

Published

3 hours ago

27 July, 2024

TokenTalk Staff

https://news.google.com/./articles/CBMiVGh0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9haS1wb3dlcmVkLWRpc2NvdmVyeS1uZXR3b3JrLWZvci1uZnRzLWxhdW5jaGVzLXB1bHNyLXRva2VuL9IBAA?hl= en -US&gl=US&ceid=US%3Aen

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NFTs

Solana Monkey Business Leads NFT Sales with $875,91K

Published

5 hours ago

26 July, 2024

TokenTalk Staff

Solana Monkey Business Leads NFT Sales with $875,91K

Floptober NFT from above

Image: AI-generated via Midjourney

Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.

The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.

This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.

The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.

The second best performing collection of the day was gETH Locked Deposit.

This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.

The asset was brother-in-law just moments before the transfer is made.

In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.

The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.

Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.

While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.

Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.

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