you just got zunk'ed
the NFT space has gone (0) days without being unnecessarily extra.
your favorite NFTs are coming to Instagram.
the social media giant announced that you’ll be able to link your wallet and post select “digital collectibles” to the feed in yet another awesome way to get bullied online.
have you ever wondered what it’d be like to have someone from high school find out that you collect cartoon JPGs of animals? we will soon find out what normies roll with you and which don’t.
jokes aside, it’s an important step to mass adoption. though Meta (formerly Facebook) has been roasted for good reason, they are still technically the world’s largest metaverse company.
this is likely step 1 in a plan that will attempt to bring NFTs to the mainstream.
as we know, Twitter was the pioneer here with the NFT profile picture verification. Instagram is (in my opinion) better positioned to showcase NFTs because it’s a visual medium, however.
if they can be anywhere near successful with this launch, it should be good for us. granted, Coinbase NFT, Otherdeeds, Twitter PFP verifications and countless other launches were supposed to launch us into the stratosphere too, but still.
if we can keep our expectations in check, we’ll get there eventually.
OK, now to the juicy stuff.
Zagabond (one of the founders of the project Azuki) posted his “builder’s journey” yesterday to a post on Mirror. What was supposed to be a galvanizing blog entry about building during a bear market, however, turned around and kicked Zagabond and Azuki holders right in the beanz.
that’s because he admitted to starting 3 projects before Azuki - Phunks, Zunks and Tendies.
Phunks and Zunks were both CryptoPunks derivatives and Tendies was a My F%&#ing Pickle parody project. all 3 were ultimately abandoned by the team (Tendies was abandoned after a few days in fact).
Zagabond continued to collect royalties throughout (and even raised them to profit from whales wash trading in Phunks case) and there have been accusations that he impersonated a woman in order to align with Zunks’ “women-led” mission statement.
it’s not a good look so today, he’s on damage control even jumping into a Twitter Spaces with Andrew Wang.
(spoiler: that did not help either)
what’s ironic is that we decried Beanie (@beaniemaxi) and Cole (@colethereum) for running scammy businesses in the past. I find what is happening with Azuki to be even worse than them because it was done in past year and in the name of Web3 and “building”.
Azuki’s success now looks extremely tainted as there are thousands of people who were misled and abandoned along the way.
what’s even funnier is that the “team” was considered Azuki’s biggest asset up until yesterday. they had pulled off the impossible and were nipping at the heels of some of the biggest names in the space. now?
well, I suppose we will have to stay tuned. find out next week on the Real Rugs of NFT Twitter.
a famous silkscreen of Marilyn Monroe made by Andy Warhol sold for $195 million (78K ETH). an NFT mfer would never. you don’t even get an airdrop for that price? where’s the utility? can Warhol do something?! oh, he’s dead?
Steve Aoki continues an impressive run of buying the tops of major projects. someone has to do it, I guess so at least that person is rich.