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CryptoPunks, backed by the Yuga Labs team, relaunched with a new NFT collection that turned out to be a complete failure. The ethos of CryptoPunks, which initially emphasized decentralization and counter-culture, has largely shifted towards consumerism since early 2021 when the intellectual property (IP) became too valuable. This shift has caused a divide within the Punk community between those who value decentralization and those who see value in IP. The Punk community continues to grapple with these opposing views, including anti punk actions and attempts to parody the punk IP. Additionally, there are ongoing discussions about the value of CryptoPunks, with mentions of a 25 Ξ punk.
CryptoPunks as an ethos faded mostly into consumerism in early 2021 when the IP became too valuable to be open and decentralized. Since then, the Punk community has been in a state of flux between the people who see value in decentralization and the those who see value in IP… https://t.co/VFkD9KQQ9K https://t.co/IxV5F4CRoY
CryptoPunks as an ethos faded mostly into consumerism in early 2021 when the IP became too valuable to be open and decentralized. Since then, the Punk community has been in a state of flux between the those who see value in decentralization and the those who see value in IP… https://t.co/Avv96v0ARQ https://t.co/IxV5F4CRoY
CryptoPunks as an ethos faded mostly into consumerism in early 2021 when the IP became too valuable to be open and decentralized. Since then, the Punk community has been in a state of flux about between the those who see value in decentralization and the those who see value in… https://t.co/qWCwy9tsf1 https://t.co/IxV5F4CRoY
