Although still a niche group, the “non-fungible token” (NFT) project based on the blockchain has repeatedly broken the circle. With the increase in exposure, the social responsibilities of NFT-related works and the creators behind it have also begun to be valued by more people who eat melons.Embarrassingly, a personal profile photo collection project named “Jungle Freaks” was unsurprisingly involved in a public opinion storm recently.
“Jungle Freaks” (Jungle Freaks)
It is reported that Jungle Freaks contains 10,000 hand-drawn NFTs, and each has different attributes (similar to “Pokémon” cards), so the value is also different.
The success of this project mainly depends on NFT designer George Trosley. As a well-known cartoonist, his works have appeared in “Hustler” magazine for a long time since its inception in 1974.
After its launch on October 16, its “reserve price” 24 hours ago was 1.45 ETH. This means that a pair of ordinary “Jungle Freaks” NFTs are valued at US$6,260 (rare models are even as high as US$95,000).
The official posted a letter of apology, but did not respond to foreign media’s request for comment.
However, on Monday, some works from the early 1970s began to circulate on the Twitter / Discord platform, and the dark history of the creators was also known to many people.
These paintings are full of strong racism, including but not limited to the portrayal of the KKK, which instantly makes many supporters and people who eat melons feel offended.
Affected by this, the quotations of the Jungle Freaks series NFTs released online began to drop sharply. In the past few hours, the base price has been hovering between 0.2 ~ 0.3 ETH (a decrease of about 80%), which is about 865 ~ 1300 US dollars.
In addition, the turnover rate has increased by more than ten times compared with a few days ago, which means that more and more holders have started to abandon their NFTs, including actor Elijah Wood.
He issued a statement on Twitter saying that George Trosley’s racist cartoons are disturbing, and he has sold off Jungle Freaks’ NFT and donated related funds to BLM.